Ric Edelman's friend was 50 years old and eager to see if his retirement goals held water. But he didn't ask Edelman, a financial planner who runs The Edelman Financial Center in Fairfax, Va., for help."He used a retirement planning software...

When brokers sell a mutual fund with a 12b-1 fee, their clients are paying a fee for ongoing service, which, of course, is provided by the broker. Yet firms pocket part--and sometimes all--of 12b-1 fees.The standard practice is to put 12b-1 fees...

Tampa, Fla.-based plaintiffs' attorney Jonathan Alpert has filed a total of five "collective actions" in federal district courts against Prudential, Smith Barney, PaineWebber, Raymond James and Sutro, asserting that the firms make a regular...

Jim Davis will probably never forget the call he received after the Labor Day weekend. The market shot up dramatically on Tuesday, the first business day following the three-day holiday. Davis, who had been on vacation with his family, had an...

NREI presents the Top 100 Pension Fund Managers as ranked by Nelson Information Inc., Port Chester, N.Y., based on real estate assets managed as of July 23, 1997. Combined, these 100 firms manage $241.5 billion out of the total $256.6 billion of...