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How Will Healthcare Reform Impact Advisors?

The ripple effects from President Obama's healthcare reform have been felt on Wall Street and Main Street. But how will it impact advisors? We spoke with Clifford Corso, the chief executive officer at Cutwater Asset Management, to get his thoughts.


Kinetic Concepts Goes the Private Route

Kinetic Concepts (NYSE: KCI) this week announced it has agreed to go private for $68.50 a share with private investors share include Apax Partners, the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board.

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Health Care Law Should Help Small Businesses Insure Workers: Study

Will the new health plan law make health coverage more expensive for your firm or staff? The Robert Wood Johnson Foundation released a report this week saying that for companies with fewer than 50 workers, costs should drop. And if your firm employs 50 or more workers, costs might go up -- but only a little.

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Parental Caregiving is Costing Baby Boomers Money, Opportunities

Nearly 10 million adult children over the age of 50 care for their aging parents, at an average cost of $324,044 in lost wages and Social Security benefits for women and $283,716 for men, according to a new study from MetLife, the National Alliance for Caregiving and New York Medical College.

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Highland Healthcare Fund Garners Five-Star Rating

Dallas-based Highland Funds' Long/Short Healthcare Fund this week received a five-star rating from Morningstar which ranks the mutual fund among the top 10% of funds in the healthcare category.

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Talking Point

"Can you hear the cacophy starting? Its the sound of yapping about the size of ExxonMobil's record profits for last year. So What? Its spill was 21 years ago. The world got over that."

Kalter - Joanmarie »