by
Dorothy Hinchcliff
Most middle-income baby boomers are delaying their retirement by an average of five years, according to a new study.
Data aggregator Insignis Inc. has agreed to a deal to acquire
BridgePortfolio, a provider of back-office services for investment
advisors, according to the companies.
by
Dorothy Hinchcliff
Financial advisors may find that a significant number of prospective
clients have money sitting in old 401(k) plans, if new Fidelity research
is any indication.
by
Karen DeMasters
Investors who held onto 2010 target-date funds through the 2008 market crisis
made modest gains for themselves, and the
funds now being created are expanding to include nontraditional asset...
by Mike Byrnes
Ben Mezrich entertained attendees with anecdotes about blackjack card-counting, stolen moon rocks and the real story behind Facebook.
LinkedIn Corp., the largest professional-networking Web site, increased
the price range for its initial public offering, lifting the company's
potential valuation to as much as $4.25 billion.
by Mike Byrnes
Advisors are finding that social media is more helpful than just sharing silly things like what you ate for dinner last night.
by Mike Byrnes
Staying focused on business goals and closely listening to clients are among the important themes to keep in mind, they say.
Wells Fargo & Co. is seeking buyers for H.D. Vest, which it bought for about $128 million a decade ago,
according to sources.
by
Dorothy Hinchcliff
Finra has launched a free searchable database of disciplinary actions against brokers.
Pimco says "deteriorating debt dynamics" will stoke faster inflation and financial
repression in the U.S. and at least one sovereign-debt
restructuring in Europe.
by Geoff Davey
Most financial advisors are more risk tolerant than their clients, but they often don't realize it. That difference may lead to overexposing clients to risk.
Higher education fails to provide students "good value"
for the money they and their families spend, more than half of U.S.
adults said in a survey.
by Cliff Campeau
Having a plan that clearly defines
the firm's target audience, key value propositions and articulates service offerings are key components
of the top performing firms' success.
Global investors, by an almost 2-to-1 majority, believe the U.S...
The SEC, criticized for missing R. Allen Stanford's alleged $7 billion fraud, said it will decide "in
the near future" whether victims should collect federal brokerage insurance.
BofA CEO Brian T. Moynihan told
shareholders today the nation's housing market faces "enormous
challenges" and that the lender is still struggling to contain bad
mortgages.
Average balances of 401(k) retirement plans reached the highest level since Fidelity Investments began tracking account values in 1998.
Job openings in the U.S. increased in March to the highest level in more
than two years, an indication employers are becoming more optimistic
about bringing on new workers.
by
Dorothy Hinchcliff
The 400 highest-earning U.S. households reported a total of $108.2
billion in income for 2008, a 21.5% decline from a year earlier and the
first drop since 2002, according to IRS data.
