Karen DeMasters

Twitter Era Stifles Long-Term Planning, Survey Says

by FA Staff

Today’s fast-paced society makes it hard for a majority of Americans to stick to long-term goals, including financial planning, says a new study by the Northwestern Mutual Life Insurance Company.

Advisor Gets 10 Years For Theft

by FA Staff

A financial advisor has been sentenced to up to 10 years in prison for defrauding 20 clients out of $1.4 million, according to the Middlesex County, N.J., prosecutor’s office.

Tiger 21 Investors High On Private Equity

by PW Staff

Tiger 21's ultra-high-net-worth investors have hti a seven-year high in their private equity allocations.

Dearborn Partners Acquires NFP

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Madison Dearborn Partners LLC, a private equity investment firm, will acquire National Financial Partners Corp. (NFP) in a deal worth about $1.3 billion, NFP announced today.

Tax Advice For All Seasons, SEI Says

by FA Staff

Advisors can differentiate themselves by providing tax-related advice year-round, according to SEI Advisor Network.

Finra Files Complaint For Defrauding NFL and NBA Players

by FA Staff

Finra has filed a temporary cease and desist order against a Washington D.C...

ING U.S. Changing Name To Voya Financial

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ING U.S. is changing its name to Voya Financial as part of its move to become an independent company, the company announced Thursday.

Prospera Financial Adds Cottonwood Capital

by FA Staff

Cottonwood Capital Advisors, an independent investment firm, has chosen Prospera Financial Services as its independent broker-dealer.

Some Advisors Oppose Obama's Retirement Savings Cap

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Putting a cap on tax-deferred retirement savings, as President Obama has proposed in his budget, would discourage people from saving for retirement, some financial experts said today.

App Simplifies Charitable Giving

by FA Staff

Fidelity and Schwab have developed a new app that allows direct donations from donor advised funds to charitable organizations.