The word was the fourth most Googled word in China last year, beating out which was the most popular keyword on the search engine in other countries. Also beating were the names of three Chinese banks. And instead of...
With 75 million baby boomers galloping into retirement, wealth managers are going to be spending a lot of their time deciding what retirement income products are best suited for their clients. Recent research shows...
If politicians were traded daily like a stock, which company would best describe them? That’s one perspective Slate, an online magazine, has brought to its coverage of the 2008 presidential campaign.
Merrill Lynch began a round of layoffs this morning: The dismissals reportedly kicked off at 7 a.m. on the trading floor, according to Wall Street news blog Dealbreaker
The SEC released the results of the RAND study today, which examined two issues: how broker/dealers and investment advisors market and provide products and services to investors, and how investors understand the...
The start of a new year can be seen as a time of reckoning. For independent advisors and registered investment advisors this could mean it’s time to benchmark their practices and set new profit-margin targets...
Separately managed accounts are taking up a growing piece of the product-allocation pie, according to a recent study by Reuters AdvicePoint and research and consulting firm Sway Research LLC. About 10,000 advisors...
U.S. economic growth will be slow in the first half of the year, but in the second half, according to the Securities Industry and Financial Markets Association (SIFMA). SIFMA forecasts GDP growth of 2.1 percent in the...
Hedge-fund manager Louis Moore Bacon of Moore Capital Management, LLC, just set a new record for the highest price every paid for a piece of residential real estate in the U.S. For $175 million, Bacon purchased 171...
You won't find your ultra-high-net-worth clients trolling MySpace for dirt on their neighbors, or petitioning plebs to buy their private jets on Facebook. No, the wealthy want the same exclusivity online as they do at...