Financial research firm Morningstar announced today the three winners chosen as “Mutual Fund Managers of the Year.” But with many studies showing one year’s hot managers
Last year ushered in a new titleholder for the wealthiest man on earth: Mexican telecom tycoon Carlos Slim took that honor, knocking Bill Gates and Warren Buffett into second and third place. And the two American icons of wealth could fall further...
Since the first exchange-traded bond fund appeared in 2002, financial rocket scientists have struggled to launch a tax-free ETF. The development efforts finally bore fruit in September, when Barclays Global Investors launched its iShares S&P...
Registered Rep.: Why write a book on a magazine list? And how much money do you have to have to make it on the Forbes list? Peter Bernstein: The amount of net worth you have to have to be on the list has increased at a pretty healthy rate over the...
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 across all channels were surveyed...
A generation ago, retiring clients usually had most of their money locked up in certificates of deposit at the local bank. Simplicity, predictability, and the double-digit yields of the time provided a nice compliment to Social Security or pension...
Now may be the time to get your clients more life insurance: In 2008, life-insurance premiums will be 11 percent lower than they were two years ago and half of what they were a decade ago, according to the Insurance Information Institute...
The punches keep on coming for some of Wall Street’s biggest firms. A handful of firms were sent subpoenas late this summer courtesy of New York State Attorney General Andrew Cuomo
So far in this young century, the brokerage industry seems to have successfully endured its run down the gauntlet. Let's see, there was that embarrassing tech collapse, in which securities firms and asset managers sure did look, well, greedy and...