As part of <i>InvestmentNews'</i> 15th anniversary issue, we're looking back this month at people who changed the face of the advice industry. Today: An adviser who blazed the trail for women.
Combination of QE, massive debt levels and betting the economy's future growth on creating inflation a 'miserable mistake,' Michael Pento says
Advisor Group, the IBD owned by AIG, laid off employees this week. Sources outside the company said the lion's share of the layoffs came from Woodbury Financial Services.
The SEC under Mary Jo White floats one small step in money market fund reform with a proposal that would make only institutional prime funds float NAVs. It's a good deal for the likes of Vanguard, Schwab.
If designation holds, firms will be subject to Fed oversight, stricter control
Interest rate spikes are looming threats to stock investors, as they could lead to higher capital costs and cut corporate margins and profits as many companies continue to suffer through sluggish sales.
Miller says growing economy No. 1 priority
Too-big-too-fail giants get loan discounts due to perceived government support; taxpayer subsidy worth $83B
Six big mutual fund companies last week agreed to disclose the daily NAV of their money funds, an unusual show of unity among rivals aimed at heading off the threat of stricter regulation.
New offering opens up access to insurance brokerages offering annuities, disability, long-term care.
Advisers need to break through the "cognitive dissonance" of clients.
Insurer has axed 2,500 reps in the past year.
