by
Christopher Robbins
“Girls Who Invest” is a new nonprofit that wants to motivate women to take careers in financial services.
by
Christopher Robbins
New York-based Goldman Sachs Asset Management introduced a new retirement share class across 54 of its mutual funds.
by
Karen DeMasters
The Florida financial planning couple are not accepting defeat in their battle against the CFP Board of Standards over their use of the term "fee-only."
by
Dan Jamieson
The firm has agreed to pay a $500,000 Finra fine and give back $242,000 to 66 customers who lost money in structured products.
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Bloomberg News
City leaders lash out at hedge funds holding Puerto Rican debt, but New York taxpayers and retirees entrust some of those funds with more than $2.2 billion of the city’s pension assets.
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Reuters
Even though BlackRock replaced many of its fundamental active equity managers over the past few years, a number of the firm's stock-picking funds are underperforming.
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Bloomberg News
Billionaires signing the pledge to give away half their money can bring themselves glowing press coverage, but less publicized is the fact that signatories are under no legal obligation to donate any...
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Bloomberg News
The REIT has worked to rebuild its reputation after an accounting scandal last year that resulted in the departures of key executives, including Chairman Nicholas Schorsch.
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Bloomberg News
Bank of America Corp. is pulling its wealthy clients’ money from one of billionaire John Paulson’s hedge funds and reviewing another because of concern that large positions may be hard to...
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Bloomberg News
Investors today confront what could turn out to be a lost decade of returns, with four or five more meager years ahead.
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Bloomberg News
Prudential Financial's second-quarter profits beat analysts’ estimates as results improve at the U.S. unit offering retirement products.
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Bloomberg News
Automatic Data Processing Inc., the payroll-processing giant, will offer companies a new way for their employees to select health benefits, challenging firms like Towers Watson & Co...
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Reuters
A federal judge ordered the SEC to stop pursuing an enforcement action accusing a large Atlanta investment manager of defrauding public pension funds, adding to pressure on the regulator over its...
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Bloomberg News
The meltdown has pushed as many commodities into bear markets as there were in the month after the collapse of Lehman Brothers Holdings Inc.
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Bloomberg News
More and more professionals who advise on personal matters—from financial advisors to the mattress store—are realizing they need to know whether, when and how to talk about their clients' sexual...
by
Ted Knutson
The big guns from trade associations, consumer groups and financial services firms will have a chance to spar live next week on the proposed fiduciary rule for retirement plan advisors.
by
Reuters
Unlike his predecessor Bill Gross, who was widely known as "the Bond King," PIMCO Chief Investment Officer Dan Ivascyn is rarely on TV or in the headlines.
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Bloomberg News
Berkshire Hathaway Inc. shares traded near record highs at the beginning of Warren Buffett’s 50th year running the company. More recently, the stock has begun to sag.
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Reuters
Companies will have to provide investors with a ratio showing how the median pay of their workforce squares with their chief executive officers' compensation, according to new rules.
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Bloomberg News
Economics professor Teresa Ghilarducci has received blowback for advocating a government-mandated retirement savings plan that guarantees a rate of return above inflation.
