Insurance firms constantly go through cycles of acquisition and sale when it comes to their broker/dealer subsidiaries. But the current sell cycle is different, and it may shake up how the business works.
Surprise! Financial advisors — well, at least 125 surveyed by SEI — say they want Mitt Romney to become the next POTUS. Given that the U.S. is essentially bankrupt (that is, the net present value of the gub’ment’s future promises), I am hardly...