As more Baby Boomers approach their Golden Years they are faced with a plethora of challenges. Especially for those with greater resources, the issues can be formidable. To the extent that these are effectively addressed, the promise of those...
During the 2012 Mutual Funds and Investment Management Conference Monday, SEC Commissioner Elisse Walter called for the money market fund industry to stop taking shots in the media about any proposed regulations...
Called contingent annuities, these securities are less expensive than variable annuities and offer better tax treatment for wealthy investors. But availability is limited and some worry the risks will be difficult to cover.
The recruiting wars are heating up at the regional firms. Philadelphia-based Janney Montgomery Scott has recruited two teams from Morgan Stanley Smith Barney with total assets of $380 million.
The head of the U.S. wealth management division was its highest paid executive this year, but the Swiss bank is placing its future bets on emerging markets.