Margarida Correia

First Federal Savings Bank of Champaign-Urbana moved its investment services business to LaSalle St. Securities in a bid to deepen relationships with the back-office staff supporting the business.

The advisor tricked investors into thinking they would get their money back, with a return, in four to eight years, but they haven't seen a penny returned, the Massachusetts regulator claimed.

The Waterbury, Connecticut-based bank wanted to ensure that it was meeting the technology expectations of clients across the wealth spectrum.

The firm invested the widow's money in oil and gas securities, real estate investment trusts and other investments that did not square with her conservative risk profile, her lawyer argued.

The number of accounts with $1 million or more increased to 150,000 in the fourth quarter of 2017 from 93,000 recorded in the same quarter the year before.

The unit recruited the co-founder of an investment advisory firm to launch a new office in La Jolla, California.

Retirees are advised to step back to get a better perspective and then review their asset allocation in their portfolio.

The regulator proposed rule changes that will make it considerably more difficult for advisors to erase customer complaints from their disciplinary records.

Investors are advised to liquidate some assets or transfer them to certificates of deposit and money market funds.

As long as their earnings won't exceed the limit set by the Social Security Administration, they will not lose their benefits.