News

The Kinney case out of Minnesota offers a good review of the general requirements for a valid prenuptial agreement.

Top Independent Advisor Under Investigation

A friend of ours brings this interesting piece by former-MTV VJ Tabitha Soren's husband (hint: he wrote a much-loved book about the trading-floor culture at Goldman Sachs)

When the going gets tough, the tough get … laid off. We’re not sure how hard Wall Street will be hit by pink slips, but one recruitment firm estimates that about 140,000 employees will be let go in the aftermath of the credit crunch

After three years of raking in multi-billions in fines, the Securities and Exchange Commission collected just $1.6 billion in penalties in the year ending September 30. It’s the lowest amount since 2002 (when fines totaled $1.4 billion); it&...

Past estimates of out-of-pocket costs related to caring for an aging or ailing parent or spouse underestimate reality, according to a study released today

The Financial Planning Association elected Richard Salmen as president for 2008, and six new members to its Board of Directors. Salmen is currently serving as senior vice president

Thain realizes that you brokers are important. While O'Neal was criticized as being too aloof, Thain tells the FT today...

Unless you live in a cave, you know that Merrill Lynch hired NYSE Euronext’s CEO, John Thain. The appointment was announced yesterday.

According to reports in the online versions of the New York Post and The Wall Street Journal, NYSE Euronext CEO John Thain has accepted the top spot at Merrill Lynch