Howard J. Stock

Schwab Charitable is hopping on the Roth IRA conversion bandwagon, urging wealthy investors to take advantage of lifted income caps to lower their subsequent tax exposure through charitable donations.

A total of 102 funds of hedge funds closed in the first quarter, the seventh quarter in a row that fund liquidations exceeded new launches, according to Hedge Fund Research’s HFR Market Microstructure Industry Report.

Minor changes to the newly public company are mostly positive, but most expect business as usual at the giant broker-dealer.

Hedge funds, down 2.99% in May, outperformed all major equity benchmarks; only U.S. Treasuries stayed positive.

Upper quintile earners that are over 65 still derive 40% of their income from work, which means new assets for advisors to tap.

Bank holding companies’ insurance income grew by 38.5% last year, but only a fraction of that came from traditional sales.

Rising costs and adjusted benefits don’t put annuity buyers off.

Only a handful of wirehouse advisors are happy at their firms, yet relatively few are willing to ditch the brand cache.

Kehrer-LIMRA’s latest annuity forum finds bankers are optimistic about indexed annuities, too.

Sales turned positive after their worst year in decades, according to LIMRA.

Fixed and variable annuities and mutual funds all rise at the end of the first quarter, but will the run last?

The president of Citi's personal banking and wealth management initiative will keynote SourceMedia's Women Advisors Forum in New York today. Check out excerpts from an interview Bank Investment Consultant conducted with her earlier this year.

Planning starts to replace panic in some investors’ crash-recovery strategies.

Rattled by the sovereign debt crisis in Europe, fund managers retreat to U.S. equities.

Mounting concern over the cost of healthcare could open doors for retirement planners.

Many small banks haven’t yet taken out bank-owned life insurance on their key players, creating a sales opportunity for canny advisors.

Fixed annuities’ terrible sales figures drag down the total; VA sales remain largely flat.

Scott Barnes, now chairman of IPI, will expand the firm’s trust and consulting operations.

An uptick in product sales across the board seems to suggest investors are ready to reenter the market.

Wholesaler support and better client-focused materials are vital to annuities’ sales growth.