An NASD Arbitration panel awarded 32 retired Exxon employees a total of $22 million in damages for losses suffered when their broker put most of their savings in variable annuities and B-share mutual funds.
An often-overlooked area of estate planning is the financial management of a family’s art, antiques and other collectibles. But the financial advisor who works this into his practice can help his clients save millions of dollars, potentially...
Ryan Beck wants its own ticker symbol. And who can blame the tiny regional brokerage after the recent wave of IPO successes enjoyed by rival U.S. brokerage houses?
Dumont has been reversed, but the appellate court's holding is so narrow that fiduciaries should not take heart. In fact, they should stay afraid -- very afraid.
John Taft, chief executive of RBC Dain Rauscher, is aiming to have to 2,500 brokers within five years, and sees acquiring another brokerage unit as one of the way to reach his goal.
Advisors have a great opportunity to build up their retirement rollover business because so many recent retirees are unhappy with their old plans, according to a survey released this past week.
Vincent Cantella, a son of Sicilian immigrants who grew to become a legend in Boston’s financial-services community, died May 4 at the age of 89, the Cantella & Co. said in a statement yesterday.
In reporting record first-quarter profits yesterday, UBS expressed interest in following up its recent acquisition of Piper Jaffray’s brokerage unit with more purchases
If you are a wealth manager who caters to doctors, real estate developers or jet owners, you ought to know about captive insurance. It’s a small-but-growing area of personal insurance that can provide cheaper coverage than standard plans.