Practice

While the retirement outlook may not be bright for many pre-retirees, those who worked with advisors were twice as likely to have accomplished at least some planning activities, according to the study.

Abraham Lincoln is one of the most notable examples of someone dying without a will. This begs the question, what happened to Lincoln’s estate after he died?

Chief financial officers of U.S. companies aren’t overly concerned about the fiscal cliff, according to a survey by Grant Thornton.

The Securities and Exchange Commission is turning over its leadership with the departure of yet another high-ranking official.

Federal Reserve Board Chairman Ben Bernanke said Wednesday that regulators are nearing completion of a contentious rule that will ban proprietary trading at U.S. firms.

“The findings are eye-opening for financial advisors because investors are clearly saying they are worried about the economic situation,” said Joe Ready, director of Institutional Retirement and Trust at Wells Fargo.

More changes in Securities and Exchange Commission leadership, which announced the appointment of a new senior advisor to the director in its division of investment management.

The U.S. Commodity Futures Trading Commission defeated a federal court challenge to a rule requiring mutual funds with commodities investments to register with the agency.

The Securities and Exchange Commission is turning over its leadership with the departure of yet another high-ranking official.

JPMorgan Chase CEO said the U.S. economy would thrive next year if lawmakers reach an agreement to avoid the so-called fiscal cliff of spending cuts and tax increases.