Maybe it's the cheaper oil or that they're gaining clients from the wirehouses, but either way a study released today by Schwab Institutional found that registered investment advisors are a more...
The financial advisor business last year experienced its fifth-consecutive year of asset growth, but firms face a number of challenges such as attracting good employees and...
The number of broker-dealers employing more than 10,000 financial advisors jumped from five to eight during 2007, according to Cerulli Associates' annual survey of the top 25...
Despite rocky market conditions, Americans keep feeding their 401(k) plans, at least according to research from Fidelity Investments...
The nation's foreclosure rate in July zoomed 55% over the year-earlier period, led by recent perennial housing-bust states Nevada, California and Florida...
H&R Block, Inc. will bow out of the financial advice business with Tuesday's announcement it will sell H&R Block Financial Advisors to Ameriprise Financial, Inc. for $315 million in cash...
Mark Goldberg today was named president of Carey Financial LLC, a broker-dealer subsidiary of the investment firm W. P. Carey & Co. LLC...
Morningstar, Inc., a leading independent investment research company, today announced a definitive agreement to acquire Financial Computer Support, Inc...
Barclays Global Investors this week formally unveiled a 529 college savings plan based on it iShares family of exchange-traded funds, adding a new wrinkle in the evolution of...
In a nod to the proliferation of exotic fund options, Morningstar, Inc. this week added two new fund categories and one broad asset class to its mutual funds classification...
The Financial Planning Association this week announced the winners of its third annual Heart of Financial Planning Distinguished Service Awards that recognize people who've advanced...
Nationwide Financial Network, the retail channel for Nationwide Financial Services, this week announced it merged its two broker-dealer units...
Securities America, Inc., an Omaha, Neb.-based independent broker-dealer, announced it signed a definitive agreement to buy Brecek & Young Advisors, Inc...
As expected, the Federal Open Market Committee today kept interest rates unchanged when it left the federal funds rate at 2%...
The pace of mergers and acquisitions among registered investment advisors in 2008 is down from the torrid pace of the past two years, says a study released Friday by Pershing...
Raymond James ranked highest in investor satisfaction among full-service investment firms, according to an annual survey released this week by J.D. Power and Associates...
Affluent and ultra-high-net-worth people are more likely to increase their use of discount brokers and accountants during the next 12 months than their use of independent...
The vast majority of financial advisors (90%) say they feel that at least 20% of their clients don't have enough money set aside to retire at their expected income levels, says a...
The Securities and Exchange Commission on Wednesday said it settled charges against Pax World Management Corp...
Two leading economic indicators released today sent mixed messages about the economy and how people feel about it...
