by
Jim McConville
Finra has censured and fined Merrill Lynch, Pierce, Fenner & Smith Inc...
by Virginia Munger Kahn
Fixed income exchange-traded products (ETPs) have been the fastest growing segment of the global exchange traded industry for 10 years, and there's more of where that came from.
by
Evan Simonoff
Financial advisor Ron Carson is launching a new institutional asset
management service that offers
other advisors access to the thematic portfolios his $3 billion RIA firm
has developed...
by
Karen DeMasters
Putnam Investments, which was recently voted to have the best Web site in
the asset management industry for financial advisors by Kasina, is
expanding its social media presence with a blog...
by Eric L. Reiner
An intriguing industry white paper aimed at politicians may offer something for advisors as well.
by
Karen DeMasters
The company cut the operating expense ratio on all of its 15 ETFs, making each fund the cheapest in its respective Lipper category.
The jobless rate rose in August in five of 10 states considered
battlegrounds in the U.S. presidential election less than two months
before voters head to the polls.
The SEC is seeking to determine whether some
private-equity firms are taking more profits from investments than they
should under agreements with fund clients, according to two people with...
Jeffrey Gundlach, chief executive officer of DoubleLine Capital LP, had
more than $10 million in assets stolen when his Santa Monica,
California, home was burglarized last week.
A group of U.S. senators is quietly attempting to do something almost
unthinkable in Washington: craft a bipartisan solution to the nation's
growing deficit in an election year.
by
Karen DeMasters
California advisor Lee Loomis and six others are indicted for running a Ponzi scheme and mortgage fraud.
by
Jim McConville
The Securities Investor Protection Corporation says the second distribution covers nearly 1,100 accounts.
California debt is poised to extend its biggest rally in at least 18
years as Governor Jerry Brown curbs borrowing and pushes for tax
increases to plug budget deficits.
Federal Reserve Bank of Dallas President Richard Fisher said the central
bank's third round of bond purchases will probably fail to create jobs
while risking higher inflation.
A Republican spin on the Buffett rule would allow a place on tax returns for voluntary contributions to the national debt.
While private-equity peers gathered 10-figure fortunes, the Republican
presidential nominee missed out on his industry's most lucrative era.
Fidelity Investments, the second-largest mutual fund company in the U.S., is just one of several investments owned by the billionaire (and low profile) Johnson clan.
by
Karen DeMasters
Many mass-affluent individuals don't trust their bank to handle their
investments, according to a survey by HNW Inc., a marketing and
technology firm for the financial services industry.
by
Jim McConville
A private fund manager and his Atlanta-based investment advisory firm
have been charged by the SEC for
defrauding approximately 200 investors out of $17 million in a
Ponzi-like scam.
