News Feed

The special inspector general for Tarp will wrap up his two-year-plus tour on Wednesday, and he has nothing good to say about Treasury's implementation of the $700 billion bailout.

The year had started off so well.

The Financial Industry Regulatory Authority won’t force investment advisers to meet the same rules as broker-dealers, according to FINRA’s chairman and chief executive officer Richard Ketchum.

Making the right hires and using a firm-wide team approach to client service has helped Leonetti & Associates, a financial advisory firm in Buffalo Grove, Ill. grow and prosper, according to chief executive officer Michael Leonetti, who founded the firm in 1982.

High net worth investors are returning their money to the market and have put the painful memories of past financial shenanigans in the rearview mirror but they're more fickle than ever when it comes to sticking with their primary financial institution or their individual financial advisor.

A retired American Airlines pilot is set to recoup his retirement savings tied up since 2009 in non-public mortgage funds.

Uncertainty about fluctuating interest rates and rapidly spiraling healthcare costs were cited as the two largest fears of both retirees and pre-retirees, according to a new survey conducted by the Schaumberg, Ill.-based Society of Actuaries.The survey, which polled 804 adults between 45 and 80 years of age, found that only 3% of retirees and 5% of those closing in on retirement have at least $1 million or more in savings and investments while a 18% and 6%, respectively, have less than $25,000 stashed away.

ING announced Friday it hired Orlando R. Cruz as president of its individual retirement investor channel.

Despite heightened patches of political and economic instability around the globe in the first couple of months of 2011, many hedge funds of various strategies found ways to thrive, according to figures from Morningstar.

About two-thirds of employees with these accounts received an employer contribution, but only 28% of workers say that their employer put in $1,000 or more last year, down from 37% in 2008. About 15% say that their employer contributed between $200 and $499.