Regulation

Almost immediately after the election, the national conversation turned to what is widely seen as an impending financial crisis known as the fiscal cliff. A dramatic term, for sure, but what does it mean for the economy, investment advisors and their clients?

It's not surprising that risk management and cost containment remain high priorities for fund companies and service providers.

s Vanguard engaged in a fee war in the mutual fund space?

A jury last week found the father and son running the Reserve Primary fund not guilty of fraud but liable on one count of negligence.

The hyper-partisan nature of this last Presidential election was guaranteed to create a long, unhappy hangover for half of the American population, and it created a particular challenge for financial planners and investment advisors. Billions of dollars were spent to tell investors and clients that America is going to hell in a handbasket. People were emotionally invested in the outcome

As we see Washington posturing over the fiscal cliff, we are right to wonder where the Statesmen (and women) are. But what to do from an advisor’s perspective?

President Obama met with congressional leaders at the White House on Friday to negotiate over the expiration of the Bush tax cuts and the looming problem of the so-called “fiscal cliff,” with the leaders agreeing that the meeting had been constructive.

Greenspan said, "If we get out of this with a moderate recession, I would say that the price is very cheap."

Tom Hoenig, a FDIC board member, reiterated his doubts that too big to fail has been eliminated, and offered his prescriptions for strengthening the system.

Despite negative market sentiment due to concerns over the looming Fiscal Cliff, many investors are unprepared for it, according to a recent survey by Nationwide Financial.