News Feed

More than $1.55 billion has been withdrawn this month from ETFs concentrated on energy stocks such as Exxon Mobil and Chevron.

Fewer than 14,000 American households received 5.6% of adjusted gross income in 2012, according to data released by the IRS that underscore the increasing concentration of income.

Nearly all the top bank insurance programs in the nation established a profiling process to gather data on their customers' life insurance needs, according to an industry study.

Rose Cohen will join Citi in August as managing director and ultrahigh-net-worth team lead in Washington, D.C.

Tim Killgoar, Raymond James' former director of client experience, will focus on strategic initiatives for the banks and credit unions the division serves.

In all, 81% of advisors surveyed said they used or recommended ETFs versus 78% who used or recommended mutual funds, according to an annual FPA survey.

Trust is integral to any advisor-client relationship -- but what happens when clients hold back information that's critical to their financial health?

Trust is integral to any advisor-client relationship -- but what happens when clients hold back information that's critical to their financial health?

Clients are advised to name a beneficiary and back-up beneficiary of their accounts, and designating a trust is a good option if there are children from a previous marriage; Plus, how to prepare for a long retirement.

Surviving spouses will require hands-on help from their advisors to get important tasks done -- before and after a loved one's death.