In more than one sense, Jim Hansberger is a marathoner. The CEO of The Hansberger Group (a wealth management unit of Smith Barney) has run nine of the 26.2-mile races, and, at 58, continues to log 35 miles a week...
The NASD Wednesday slapped Waddell & Reed with more than 6,700 complaints, charging that the firm systematically encouraged brokers to recommend unsuitable variable annuity exchanges to its customers. Two company...
As the baby boomer generation nears retirement age, the financial issues that weigh heaviest on their minds are shifting. According to a study released yesterday by AXA Financial, baby boomers have switched their...
It's a testament to the increasing complexity of the advisory business: Many advisors people whose very living depends on their ability to track the ebbs and flows of money are having trouble understanding whether...
The “information highway” can quickly become the road to ruin for some unwitting investors, according to Stephen Harbeck, president of the Securities Investor Protection Corporation (SIPC). In a conference...
