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After hiring 3,597 full-time agents last year, New York Life is raising the ante, with a goal of adding 3,700 reps in 2013. Among the new hires, more than half are expected to be women or individuals who represent the “cultural markets,” as the company put it, referring specifically to the African-American, Chinese, Hispanic, Korean, South Asian, and Vietnamese communities.

From future predictions to fee inquiries: Here are a few inquiries that aggravate financial advisors the most.

According to a new Franklin Templeton Investments survey, 73% of respondents reported they find thinking about retirement saving and investing causes them stress and anxiety.

Janus Capital Group, the money manager that made its name placing big bets on stocks, is trying something new to stem a five-year customer exodus.

New may not always be better, but it is what the retirement industry needs right now.

Senate Budget Committee chairman Patty Murray, D-Wash., on Wednesday unveiled a fiscal 2014 budget that would reduce the deficit $975 billion by "closing loopholes and eliminating wasteful spending in the federal tax code that benefits the wealthiest Americans and biggest corporations."

Bank holding companies saw a dip in wealth management income in the first three quarters of 2012, a new study says.

New may not always be better, but it is what the retirement industry needs right now.

Janus Capital Group, the money manager that made its name placing big bets on stocks, is trying something new to stem a five-year customer exodus.

For the week ended March 6, investors steered an estimated $11.85 billion into mutual funds, up 41% from the previous week.