Wick Simmons won't be joining Raymond James' board of directors after all. According to Nasdaq spokesperson Andrew MacMillan, Simmons has decided not to pursue the position after Nasdaq determined that it would be a conflict of interest for...
Many “do-it-yourself” investors say a broker’s specialized investment knowledge makes it worthwhile to seek professional help, according to a survey by the Forum for Investor Advice. The survey found that investors who use...
Instead of lowering fees, asset managers are teaming up to provide creative offerings to investors.
The MiFID II regulations, which take effect in January, seek to police conflicts of interest between managers and brokers and to keep managers from passing on the costs of research to their clients.
Fed paper suggests that financial news holds predictive power when it comes to economic data.
Michael Piwowar doesn't plan on sitting around doing nothing as the acting chairman of the SEC.
The new president is expected to delay, not kill the fiduciary rule, giving his administration time to review the change.
Merrill Lynch will break out fees for asset management services, mutual funds, alt investments and commodities when it mails January account statements later this week.
Jackie Hunt has led Pimco to its first net inflows since 2013, but she's not taking any of the credit.
