INVESTMENT MANAGEMENT

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U.S. CEOs Break Open Piggy Bank

U.S. executives are starting to spend the record $940 billion in cash they built up after the credit crisis, just in time for annual shareholder meetings.

Progress In Securities America Case?

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Securities America may be getting closer to an agreement with attorneys representing victims of the Medical Capital Holdings Ponzi scheme, a company statement suggests.

Before You Break Away ...

by Craig Gordon

There's no right or wrong business model, just what's right for you. Understanding the trade-offs will help you find a good fit-and avoid costly missteps.

Warren Says Consumer Bureau Foes Should Look At Bank 'Behemoths'

Elizabeth Warren, assigned to set up the Consumer Financial Protection Bureau, said lawmakers looking to limit the agency's authority should focus instead on the Wall Street "behemoths."

Stanford Investors Sue SEC For Losses In Alleged Swindle

The SEC was sued by eight of R. Allen Stanford's investors, who claim regulators' "negligence and misconduct'' caused their losses

United Capital Expands To Philly Area

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United Capital Financial Advisers LLC this week announced its acquisition of Vantage Point Advisors, furthering the wealth management company's nationwide reach.

Most Single Parents Lack Life Insurance, Study Says

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Across all income levels, single parents are the group who are least likely to have life insurance, says a recent study by Genworth.

Advisor Takes A Stand

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An advisory firm has divested its entire holding in a leading natural gas producer because of the company's "poor environmental record and its lack of accountability to shareholders."

SEC Sues Advisor, Hedge Fund Connected To $3.5 Billion Scam

The SEC has sued a Connecticut hedge fund and its manager for disgorgement of gains made while sending hundreds of millions of investors' dollars to fraud scheme operator Thomas Petters.

Gates: Self-Made Wealthy More Generous Than Heirs

Bill Gates said needy people depend on self-made millionaires and billionaires to donate money before passing their wealth on to less-generous heirs.

TIAA-CREF Exec Named New TD Ameritrade COO

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TD Ameritrade Holdings Corporation has appointed former TIAA-CREF executive Marvin W. Adams as the company's new chief operating officer, effective in April.

U.S. Economy Still Top Concern For Affluent Investors

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Despite Middle East instability and the nuclear disaster in Japan, affluent investors remain most concerned with U.S. economic weakness, according to Fidelity Investments.

Morgan Stanley's Deep Secret Now Is Revealed

Here's a little secret the Federal Reserve Board doesn't want you to know. On September 24, 2008, while financial markets were collapsing, Morgan Stanley borrowed $3...

Life Insurance Gender Gap Narrows, LIMRA Says

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The gender gap in life insurance ownership rates is closing, with about 60% of women owning some form of life insurance in 2010, according to LIMRA.

Dalbar Creates New Fiduciary Standard For Advisors

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The Registered Fiduciary designation covers a range of financial professionals engaged in the business of providing investment advice.

Banks Angle for Bigger Share Of $4 Trillion Retirement Market

Retirement savings in the U.S. may swell to $4 trillion over the next four years and the nation's largest banks are angling for a bigger share of that money.

Washington Wealth Management Opens Second Branch

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Washington Wealth Management LLC has opened a new branch in Richmond, Va., just three months after launching the employee-owned registered investment advisory firm.

Why Pennsylvania Appeals To Retirees

Pennsylvania now has the third-largest percentage of residents older than 65. Here's why.

Deep Market Drops Throw Retirement Plans Off

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What should a client do if she retires right before a severe market slide, turning any previous planning topsy-turvy?

Advisor Stole $6 Million From Retirement Plans, SEC Alleges

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The SEC has obtained an emergency court order freezing the assets of an Illinois money manager who is charged with stealing millions from clients' retirement plans.

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