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Patricia McDermott will serve as managing director and head of Citi Private Bank in Connecticut and Westchester.

In bull markets, many investors may overlook the importance of dividends. But when markets become more tentative or start to slump, dividends can look a lot more attractive and one S&P analyst found some international funds investors should be watching.

DTCC Insurance & Retirement Services has launched a new analytic reporting service for insurance carriers and broker-dealers that sell annuities.

Henry Kaufman, one of the first economists to earn the now overused sobriquet “Dr. Doom” because of his generally bearish views on interest rates during the 1970s and '80s, is now warning that the conglomeratization of financial institutions, the continued securitization of non-marketable assets and the extreme leveraging which led to the most recent crash leave the global financial system vulnerable to new and potentially more devastating crises.

Henry Kaufman, one of the first economists to earn the now overused sobriquet “Dr. Doom” is now warning that the conglomeratization of financial institutions, the continued securitization of non-marketable assets and the extreme leveraging which led to the most recent crash leave the global financial system vulnerable to new and potentially more devastating crises.

Prior to the financial crisis, clients prioritized performance above all else when it came to their wealth managers. Now, according to PwC’s 2011 report “Anticipating a New Age in Wealth Management” released on Tuesday, client service and value is becoming more critical.

With only 51% of Americans believing they will have enough money to enjoy a comfortable retirement, an all-time low, the Country Financial Security Index fell one point in June to 63.7.

Deutsche Bank has rebranded five exchange-traded target-date funds, previously known as the TDX Independence Funds, as the db-X Target Date Funds.

The SEC wants to exclude the value of a client’s primary residence and any debt secured by the property when calculating a household’s net worth. What took so long?

Despite witnessing firsthand the anxiety and apprehension that many of their Baby Boomer parents are now enduring as they close in on retirement, the overwhelming majority of Gen-Xers are still not adequately preparing themselves for their own eventual retirement.