Saudis Sitting Pretty in Global Oil Price Plunge
There’s still only one country in a position to choose winners and losers in the global market: Saudi Arabia.
New Hire Roundup: SEC Names Schnurr Chief Accountant
In another personnel move, Nancy Rimington joined GW&K Investment Management.
LPL, Cetera Reshuffle Leadership
Independent broker-dealer LPL Financial says Chief Marketing Officer Joan Khoury is leaving the firm and that two executives will step into new roles within its Advisor & Institution Solutions Group. Mimi Bock will become managing director for Client Experience and Training, taking over responsibilities previously handled by Khoury, while Ryan...
Retirees Suffer as 401(k) Rollover Boom Enriches Brokers
A three-month Bloomberg investigation found that former employees at major companies say sales reps lured them into rolling their 401(k)s into unsuitable investments.
Risk Management: Your Client’s 401(k) Plan and the F-Word
If you are serious about being in the retirement plan business, get serious: fiduciary is not a dirty word.
The Advice Business Needs a Serious Fix
If you ask a professional, a doctor for example, for advice, you rightly expect an answer that doesn't differ based upon whom you ask.
The Hot Gadget in Your Driveway
A tech revolution is remaking auto industry prospects.
Are the Markets Dancing on the Deck of the Titanic?
For a quarter-century, financial markets have not known what it means to price the risk of a superpower confrontation and how it impacts the global business climate. Does the stock market reaction suggest another bubble?
Post Office Proposes to Offer ‘Financial Services’
The Postal Service says it has assets to serve the underbanked, boost its own money-losing operations and benefit banks through partnerships.
China Leads Demand in Auto Sector as U.S. Market Sees Tough Road
Strong demand for luxury cars in China has not abated, but a challenging year is seen for the North American sector.