The House of Representatives passed the Wall Street Reform and Consumer Protection Act of 2009 by a narrow margin Friday afternoon: 223 votes in favor to 202 against. But it will still be a long time before the regulatory future for broker/dealers...
UBS’ Wealth Management Americas unit today unveiled a new compensation program that will reward the firm's biggest financial advisors for loyalty and growth. That’s a departure from other brokerages where compensation is typically...
Sure, retirement looks a bit different for many of your clients after last year’s market plunge. But with the recent equity market surge off of March lows, should you make new adjustments? And if so, what?
Should you stay well away from hot dots, that is, hot mutual funds? Not necessarily. Some top funds have long records for delivering relatively steady results. The best choices among the winners are diversified funds that can produce strong...
In her remarks before the Consumer Federation of America Thursday, SEC Chairman Mary Schapiro reiterated her commitment to creating a “strong fiduciary standard” for all securities professionals. She also called for clear point-of-sale...
The hunt for offshore account holders continues. The IRS is now trying to obtain the names of individuals who held offshore accounts with indicted financier and former billionaire Allen Stanford, according to a story in the New York Post. The IRS...
While the U.S. economy remains sluggish, growth is rebounding in much of the rest of the world. That is creating plenty of opportunities for Laurent Saltiel, portfolio manager of Janus Worldwide (JAWWX) and Janus International Equity (JAIEX).
Phoenix: "December has always been a challenging time for getting together with people," said Jarrett. "Everyone is busy with the holidays and I'm trying to close out the year, maybe I should table my rainmaking until January."
Alternative investments were not spared last year’s market tailspin, but there’s been a notable comeback in returns on some alternative categories this year. Meanwhile, advisors and investors are more convinced than ever that...
