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Karen DeMasters

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Axa Donates American Masterpiece To Met

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Axa Equitable has donated Thomas Hart Benton’s epic mural, "America Today," to the Metropolitan Museum of Art in New York City, the museum and Axa Equitable announced.

Sun Life Sells Annuity And Life Insurance Businesses

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Sun Life Financial Inc. is selling its domestic U.S. annuity business and certain life insurance businesses to Delaware Life Holdings for $1.35 billion, Sun Life announced today.

Morningstar Nominates Top International Stock Fund Managers

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Morningstar has announced four finalists for the 2012 Morningstar International Stock Fund Manager of the Year award, to be announced the first week in January.

Morningstar Announces Domestic Fund Top Managers

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Morningstar has announced five nominees for top domestic stock fund manager of the year.

Men More Likely To Be Approached By Financial Advisor

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Men are 1.7 times more likely to be approached by a financial advisor than women, says a new white paper.

Investors Security Affiliates With Securities America

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Investors Security Company Inc., a broker-dealer in Suffolk, Va., has agreed to become an affiliate of Securities America, the nation's eighth-largest broker-dealer.

Clients Ponder Poverty For Medicaid Coverage, Survey Says

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Using Medicaid to pay for long-term care is not in the best interests of most people and advisors should warn clients against it, says a Nationwide Financial survey.

REITs Outperform S&P 500 In Long Term

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U.S. REITs underperformed the broader equity market in November but outperformed over the year.

Asset Managers Salaries To Increase Modestly, Study Says

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Base salaries for asset managers are projected to increase 3.5 percent and incentive pay is projected to rise by zero to 10 percent from 2011 to this year, according to a new study.

Financial Advisors Should Talk To Clients About Tax Changes

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Financial advisors are missing an important opportunity if they do not reach out to their clients to talk about pending tax changes and what they may be able to do to mitigate the negative effects,...

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