Someone’s going to get fired, fined or thrown in jail for this one. A recently released research report from a trio of finance professors claims to have found a pattern of, ahem, revisionism going on within Thomson Financial’s I/B/E/S...
How much does a client need to save for out-of-pocket health care costs in retirement? It’s a question even the brainiest, actuarial propeller head will wrestle with. But with recent studies pointing to the comparatively poor health of...
The SEC has charged 14 individuals—including employees of UBS and Morgan Stanley—with participating in two insider-trading schemes that generated at least $15 million in illegal profits.
On Sunday evening, Aug. 28, 2005, the night before Hurricane Katrina was to hit Gulfport, Miss., financial advisor Bob Sawyer reckoned it might be a good idea to make one more visit to his Stifel Nicolaus office to board up some of its windows...
A disgruntled YouTube subscriber, who goes by the screen name has posted a video that parodies Ameriprise's baby boomer retirement campaign. The mock ad shows a montage of 20- and 30-year olds surfing, rocking out and having fun, with a series of...
President and CEO of Janney Montgomery Scott, James Wolitarsky, will retire from the firm on June 30, 2007. PIC UBS appointed Michael Roberts managing director and head of UBS Trust Services. Roberts was previously regional head of personal trust...
Those are the words uttered by many independent reps who have made the leap from a large national full-service firm to independence. For so long, they say, independence was something they only dreamt about. The benefits of the independent life...
I was watching the Indianapolis Colts play football last season (pre-Superbowl victory) with my husband and couldn't help but notice quarterback Peyton Manning how well he passes the ball, that is. At times he even passed the ball before the...
Numeric Investors has exited the mutual fund business. On Feb. 23, the boutique Cambridge, Mass., money manager liquidated all of its retail mutual funds to pursue its separately managed account business. Numeric has separate accounts that employ...
