Displaying 4554 results
Five states that would get hit hardest by Obama tax hikes
The Tax Foundation, a Washington research group that advocates for lower taxes, said state, local and federal levies would result in a tax rates of nearly 50% in some states' top earners.
Citigroup to triple hedge fund offerings for wealthy clients
Citigroup Inc.'s private bank will triple the number of hedge funds such as Paulson & Co. that its wealthy clients can invest in, under a push to increase money-management revenue.
Westwood Holding Group to buy McCarthy Group Advisors
Westwood Holdings Group Inc. Ticker:(WHG) today announced that it has reached an agreement to acquire McCarthy Group Advisors LLC in a deal that is expected to close by the end of the year.
Brokerages with the most CFPs
See a breakdown of the largest brokerage firms -- and the percentage of CFPs in the total adviser force.
UBS woos Asia’s ultra rich amid incredible wealth spurt
UBS AG, Switzerland's largest bank, is putting more focus on its richest clients in Asia and bringing its investment bankers closer to asset managers to meet their demands.
Florida investor sues firms over adviser wire fraud
A Florida investor is suing TD Ameritrade Inc. for allegedly allowing a financial adviser to steal more than $2.3 million from her brokerage accounts.
Community Leadership Awards: Someone’s courage can be an inspiration
Five years ago, when InvestmentNews decided to partner with the Invest in Others Charitable Foundation Inc. and the Community Leadership Awards program, I had no idea where the involvement would take us.
Bank of America settles sex suit with Merrill broker
Bank of America Corp. settled a lawsuit filed by a broker who claimed the bank's Merrill Lynch & Co. unit discriminates against women through its partnership model.
Most investors think brokers are fiduciaries, survey says
More than half of investors are confused about who has fiduciary duty when providing financial advice, while more than 90% want fiduciary rules to apply to brokers and insurance agents, according to a survey released Wednesday.
Obama to back more tax breaks?
President Barack Obama will call on Congress to pass new tax breaks that would allow businesses to write off 100 percent of their new capital investments through 2011, the latest in a series of proposals the White House is rolling out in hopes of showing action on the economy ahead of the November elections.
Fidelity: Breakaway broker assets on the rise
Fidelity Investments says it is seeing the average assets of its breakaway broker teams increasing.
Details emerge on one of Warren Buffett’s possible successors
Li Lu, the hedge-fund manager who helped Berkshire Hathaway Inc. find profits in China, may push Warren Buffett's investment company to make more deals outside the U.S. if he takes a role at the company.
Biggest RIA firms see discretionary assets jump 16% in 2Q
The 50 largest registered investment advisory firms managed a total of $127.2 billion in discretionary assets as of the end of the second quarter, up an impressive 16% from a year earlier.
Schwab shells out for $4B active ETF manager
The Charles Schwab Corp.'s move into active ETF management with the acquisition of Windward Investment Management Inc., which was announced today, didn't come as a surprise to advisers, who gave it high marks.
Blog: Cold-calling reps still tarnishing industry’s rep
Cold calling, as a method for bringing in new accounts, appears to be alive and well.
Tech firms may be reform law’s beneficiary
With their day-to-day business practices likely to change as a result of the new financial-reform law, broker-dealers are scrambling to assess their technology preparedness.
Editorial: Time to rethink assumptions about returns
The prolonged economic crisis, weak equity markets and rock-bottom fixed-income returns should cause all who advise individuals on investing to reconsider the assumptions on which much of their advice is based.
NY Life No. 1 seller of fixed annuities in 2Q
New York Life Insurance Co. was the top seller of fixed annuities during the second quarter, with $1.74 billion in sales, according to Beacon Re-search Publications Inc.
Editorial: So much for ‘Home Sweet Home’
For the forseeable future there will be no easy way to build a retirement nest egg, meaning investment advisers and their clients will have to work harder and use a wider range of tools to accomplish the task.
