Kara M. Stein and Michael S. Piwowar, both senior U.S. Senate aides, were nominated by President Obama to join the SEC.
U.S. Wealth Management, an independent network of wealth managers, has added two financial advisory practices to its platform, expanding its total recruited advisory and brokerage client assets.
The Internal Revenue Service issued a reminder Thursday to U.S. citizens and resident aliens, in addition to dual citizens, that their tax-filing deadline is approaching.
T. Rowe Price is expanding its lineup of target-date funds.
Assets held in exchange-traded funds rose in April by $22.39 billion to $1.469 trillion, according to the Investment Company Institute.
Flows into tax-exempt money market funds continued to see-saw this week as $906.5 million arrived in the week ended May 20, according to The Money Fund Report, a service of iMoneyNet.com.
It's hard to believe but true: more than 700 banks maintained a pristine Camels 1 rating throughout the six-year period bracketing the financial crisis. New Fed research shows why.
UBS AGs Chief Financial Officer Tom Naratil will meet next week with Knight Vinke Asset Management LLC, an investor that called for a spinoff of the lenders investment bank, two people familiar with the matter said.
A House subcommittee Thursday looked at draft bills that would slow down the progress that the SEC is making toward implementation of a new, uniform fiduciary standard for broker-dealers and investment advisors.
Bankers and insurers are trying to use trade deals, which can trump existing legislation, to weaken parts of the Dodd-Frank Act designed to prevent a repeat of the 2008 financial crisis.
Before Dom Starsia talks about national titles, he unfolds a two-foot-wide spreadsheet that gives University of Virginia recruits a look at life after lacrosse.
Annuity providers generated $51.7 billion in sales in the first quarter, down 6% from a year earlier.
Ken deRegt, a Morgan Stanley veteran called on to revamp risk-management and the fixed-income trading business after returning in February 2008, is leaving again to join investment firm Canarsie Capital Group.
Mutual funds picked up $8.51 billion for the week ended Wednesday, May 15, according to the Investment Company Institute, but bond funds suffered.
Wells Fargo added a former Edward Jones advisor in Hudson, Ohio.
Direxion Funds' CEO Dan O'Neill examines new products and strategies that will be the next phase in the evolution of ETFs.
Federal Reserve Board Chairman Ben Bernanke told lawmakers that his concerns about financial stability risks from historically low interest rates have "increased a bit."
A generation of millennials faces a slew of challenges in trying to save for retirement.
In a deal that could almost double its total revenue, J.W. Cole Financial, a Tampa, Fla., independent broker-dealer, announced Wednesday that it completed its acquisition of Financial Advisers of America.
Hedge funds returns have stayed lackluster this year, with the $2.3 trillion industry trailing the gains of the Standard & Poors 500 Index by about 10 percentage points, according to Goldman Sachs Group Inc.