July 10, 2009
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Ameriprise Financial has settled charges
that it received millions of dollars in undisclosed incentive payments
to sell certain REITs to its brokerage customers, according to the SEC.
July 10, 2009
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As more financial advisors sell insurance, a recent report indicates
some could be unsuitably cross-selling annuities in conjunction with
reverse mortgages.
July 10, 2009
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MainStay Investments, the retail distribution arm of New York Life Investments, has an agreement to buy four Epoch mutual funds.
More FA News
We’ve all heard that it was impossible for anyone to make money in
2008.
Apparently, no one told this to the investment managers of Harvard
University’s endowment. They notched strong returns last year to the
tune of 8.6%.
Dorothy 