News Feed

Be they young or be they old, people across America are worried about their financial prospects in retirement and the economic direction of the nation, a survey of Gen X, Gen Y and Baby Boomers by The Guardian Life Insurance Company of America found.

Investment banking and brokerage firm Stephens Inc. has named John Baumgartner managing director and co-head of equity capital markets.

While 88% of mutual fund companies that Corporate Insight tracks offer materials on market volatility, only 40% organize this content into centralized outlets. This, Corporate Insight said, is “a key factor in determining firms’ effectiveness in communicating with clients and prospects during ongoing market instability.”

A Georgetown University professor has proposed a different idea in the ongoing debate over how investment advisors should be effectively regulated: outsource the heavy lifting to accounting firms.

IndexIQ has expanded its IQ series of 16 funds with the IQ Global Alternatives ETF Model Portfolio. The investment vehicle uses liquid, transparent, low-cost alternative exchange-traded funds to achieve diversification, growth of capital and low volatility.

Affluent pre-retirees with investable assets of at least $100,000 are more comfortable staying in the market than they were two years ago, a report from Phoenix Marketing International shows.

For the $2.4 trillion managed account industry, "registered representatives acting as portfolio managers," or RPM, at such brokers is the fastest-growing area of the industry, according to speakers at Money Management Institute's Fall Solutions 2011 conference.

Societe Generale, the French investment bank, says that its new “relative value” algorithm will give fund managers the ability to change their participation to a stock’s performance relative to an underlying index.

Marketing expert Marie Swift says the “Marketing Ideas, Rapid Fire” session at the recent Garrett Planning Network annual retreat yielded a bunch of winning marketing ideas for financial advisors. Which ones can you or your firm implement right now?

Blue chips fell 297.05 points to 11657.96, the second day of losses as investors reacted negatively to economic news out of Greece. All but one of the component stocks ended down.