Archive

What's an advisor's obligation when an elderly client wants to liquidate her investment portfolio, which consists entirely of stocks

NASD's baffling approach to Written Supervisory Procedures

For advisors who haven't considered long-term care insurance for their clients, now might be a good time to take a look.

Providing clients going through a divorce with the right insurance can put spouses in a better frame of mind and business in an advisor's book

In the battle over California’s 529 college savings program, Fidelity Investments provisionally beat out the Vanguard Group to replace TIAA-CREF as the provider this week. TIAA-CREF had been running California’s ScholarShare College...

The Swiss banking giant UBS added the retail unit of Midwestern gem Piper Jaffray today to its wirehouse brokerage division for $500 million in cash and other considerations.

In what can be considered a coup of sorts for the firm, UBS hired a prominent black Smith Barney broker this past winter—while it was under fire from a lawsuit brought by former brokers alleging a pattern and practice of racial discrimination.

Lincoln Financial completed its $7.5 billion acquisition of Jefferson-Pilot on Monday, creating one of the largest life insurers in the U.S. The Philadelphia insurance broker/dealer paid $1.8 billion in cash, with rest of purchase price coming in...