Investors' money was used for alimony and travel instead of selling pet memorial products, the SEC says.
Love exchange-traded funds or hate them, one thing is clear: The biggest investors are increasingly using them as a way to dabble in inefficient and opaque bond markets.
As Social Security celebrates its 80th anniversary, many Americans are pessimistic about the program’s future. But many financial advisors say those fears are unfounded.
The Federal Reserve Bank of Dallas has named Robert Steven Kaplan, a former Goldman Sachs Group Inc. executive who left to teach at Harvard in 2006, as its new president.
With the decline in pensions, most people are responsible for steering their own retirement plans, but a recent study suggests they would rather have someone else take the wheel.
Costs for the basic health insurance policies desired in retirement can vary by 30 percent among states, HealthView Services says.
Two Citigroup affiliates will pay almost $180 million to settle charges that they misled clients into investing in two hedge funds that collapsed during the financial crisis.
Nearly two-thirds of Americans do not know about the tax-advantaged 529 college savings plan, a new survey says.
The Consumer Financial Protection Bureau is launching state-specific guides for elder financial caregivers.
Here are four traps that can keep clients from getting the most out of their accounts.
Nearly 75 percent of CFA Institute-certified portfolio managers and analysts in the U.S. and Canada practice socially responsible investing, the group reported in a survey released Monday.
A new report indicates that having a college degree is a key factor in successfully finding a job during the nation's sluggish economic recovery.
Finra is offering fellowships that provide military spouses with financial training.
Borrowers are having more trouble paying their students loans, even as the job market recovers and consumers improve their mortgage payment histories.
An aging population brings advisors new challenges for helping clients with dementia, advisors say.
The rule lets businesses use statistical sampling to estimate the median, rather than calculating it by tallying their entire payroll...
DOL staffers offered no hints of coming changes in the fiduciary rule during the four-day hearing on the proposal.
Most junk-bond investors can’t sell their energy-related holdings fast enough. Then there’s Matt Eagan.
Edward Jones has agreed to pay more than $20 million to settle SEC charges that it overpriced new issues of municipal bonds.