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Iran will get its first index exchange- traded fund tomorrow with the instruments creator betting on growing foreign demand for the nations stocks as it nears a deal to end sanctions over its nuclear program.
January 27 -
Clients can lengthen their long-term care insurance policy's elimination period, making the coverage more affordable; Plus, deciding whether a Roth or traditional IRA is right for your client.
January 27 -
The regional broker-dealer lands three new recruits for its employee channel, including one who managed more than $100 million AUM.
January 26 -
Some fixed-income funds behave like equities, failing to give sufficient downside protection to a diversified portfolio.
January 26 -
FINRA banned a rep for allegedly forging a customer's signature on bank withdrawal slips, a move that allowed the customer's sister to steal $3,900 from the customer's account. Two others were suspended for relatively minor infractions.
January 26 -
The asset management firm made the new hires during a recruiting push in the last quarter.
January 26 -
Buy an index fund and let the bull market guide you to a 44% gain. Most money managers who actually pick stocks couldn't match the Standard & Poors 500 Index, let alone beat it. Thanks to three weeks of volatility, thats beginning to change.
January 26 -
Focus partner firms managed $31 billion and advised on another $10 billion, according to their recent ADV filings -- considerably less than the $70 billion in "total client assets" the firm had previously publicized.
January 26 -
Two Merrill Lynch advisors left the wirehouse for independent firm Snowden Lane Partners.
January 26 -
Morgan Stanley Chairman and CEO James Gorman's compensation package for last year includes a $4.44 million stock bonus, down 13% from his 2013 award.
January 26




