The financial advisory industry is rallying its troops against a controversial SEC rule proposal that would subject thousands of investment advisers to surprise exams by outside auditors.
Could the Obama administration be following a weak-dollar strategy deliberately?
The Charles Schwab Corp's campaign to help stockbrokers become independent investment advisers has been picking up speed.
Fixed-income investors focused on the direction of interest rates run the risk of making big mistakes, warns portfolio manager John Fox, co-head of fixed income at Gannett Welsh & Kotler LLC.
Although the Federal Reserve Board remains confident that inflation will remain low, those drafting the health reform legislation in the House of Representatives appear to be betting that it will accelerate in the next few years.
Google searches for “Roth 2010 conversion” have increased dramatically in recent months, indicating that investors are desperate for information on the upcoming rule change.
John Hancock Funds LLC is looking to double the size of its sales team targeting registered investment advisers to 12, according to Keith Hartstein, the company's president and CEO.
Wealthy investors know that tax increases are in their future.
Kenneth Feinberg, President Obama's “pay czar,” last week capped and restructured the salaries of top executives at seven embattled corporations that have not yet repaid the help they received from the federal government last year.
If the SEC has its way, more disciplinary information about brokers will be available to investors.
Matthew Weitzman, a former principal of AFW Asset Management Inc., was sentenced to 97 months in prison after he pleaded guilty last year to stealing from the firm's clients.
Merger-and-acquisition volume among RIA firms continues to run at a record pace.
After a year in which many investors lost substantial chunks of their wealth, mass affluent individuals are ditching their full-service brokers in favor of independent financial planners at a significant clip, according to a report released today.
Two former U.S. presidents will appear together in a panel discussion to headline a TD Ameritrade investment conference next February.
Jones and Smith Wealth Management? How boring. Green and Gold Capital Advisers? So banal. Fink and Funk Financial Fiduciaries? Yawn.
SEC Chairman Mary Schapiro could credibly claim that during her tenure as head of Finra, the group was not responsible for failing to detect the Madoff Ponzi scheme.
Willing to go to any length to avoid oversight by Finra, financial advisers are reluctantly accepting the idea of paying the SEC to regulate them.
In another acknowledgment of the rapid rise of independent investment advisers, Putnam Investments is creating a distribution channel dedicated solely to selling its products to them.
Investment advisory firms would have to pay fees to cover the cost of SEC examinations under draft legislation released last week by a senior lawmaker.
Growth in The Hartford Financial Services Group Inc.'s wealth management and retirement businesses will be a renewed area of focus as the insurance giant welcomes its new chief executive, Liam E. McGee, who officially joined the firm last week from Bank of America Corp.
