by
Jim McConville
Independent Financial Partners added 45 new financial advisors to its RIA business in the 2nd quarter and grew revenue by 53% from a year earlier.
Bill Gross is the
biggest and best-known bond picker at Pacific Investment Management
Co. He isn't the top performer.
Morgan Stanley and Citigroup Inc. agreed to delay setting a valuation
for their brokerage joint- venture as they wrangle over the sale of a 14
percent stake.
Mismatches in
supply and demand for educated workers boost U.S. unemployment and add
as much as 2 percentage points to the jobless rates for some cities,
according to the Brookings...
A 2,500-pound ice sculpture carved to spell "Middle Class" melted away this week in Tampa, the site of the Republican National Convention. A piece is planned at the Democratic convention.
Abigail Johnson's appointment as president makes her arguably the most powerful woman in the $12.2 trillion mutual fund industry. Some observers expect big changes.
Occupy Wall Street, the global movement against inequality that ignited
in Manhattan last year, will mark its first anniversary by trying to
block traffic in the financial district and encircle...
Three men accused of being part of a "criminal club" that netted almost $62 million from insider trading in Dell Inc. shares face new charges.
by
Jim McConville
As two former Merrill Lynch brokers push for a $40 million settlement
for 1,467 employees in their class action suit against their former
employer, legal experts disagree on whether it will open...
by
Jim McConville
Nearly 60 percent of Gen X and Gen Y make regular, automatic
contributions toward their retirement savings, compared with 46 percent
of non-retired baby boomers, according to a new survey.
A win for Morgan Stanley in a fight with Citigroup Inc. over the value
of their brokerage joint venture could show the firm is playing a losing
hand.
Gold is poised to climb the most in two years as prospects for
additional economic stimulus by governments from the U.S...
This state now is leading the nation in home-price declines as Wall Street trims jobs and bonuses that had driven multimillion-dollar property sales.
by
Jim McConville
More employers are providing employees with 401(k) plan features aimed
at encouraging plan participation and savings, according to a
survey by Schwab Retirement Plan Services released...
by
Dorothy Hinchcliff
Are you or your clients planning a last-minute getaway this Labor Day
weekend? You may want to avoid these destinations if room rates are a
factor in where you will go.
High-yield bond funds in the U.S. attracted $597 million from European investors last week.
by Daniela Pylypczak
Three funds investing in Thailand, retail and pharmaceuticals have bagged 100% returns during that time frame.
by Virginia Munger Kahn
International equities have historically yielded more than U.S. equities, and investors are playing that trend with ETFs.
Investors from London to Tokyo to Pittsburgh are plowing money back into Treasuries after the biggest decline in 19 months.
