Lincoln Financial completed its $7.5 billion acquisition of Jefferson-Pilot on Monday, creating one of the largest life insurers in the U.S. The Philadelphia insurance broker/dealer paid $1.8 billion in cash, with rest of purchase price coming in...
For the first time in years, money market funds are looking like a good place for advisors to park client cash. With interest rates up to 4.75 percent—and with rates expected to continue upward—yields on money market funds are almost as high as...
Edward Jones has a unique approach, an 84 year tradition - and a host of challenges. Can Jim Weddle bring the company into the 21st century and preserve its core strengths?
At our last branch meeting, our manager took us all to the woodshed, complained Sal, a broker from Houston. It was over the complaints we were getting from clients about feeling rushed, being put on hold and getting transferred to the wrong person...
Money-market funds may not be sexy but they have been attracting advisors attention lately. But is the retail investor better off in a money market or an insured account?