Most Millionaires Don’t Stay That Way
New research shows that most Americans — even the poorest and the wealthiest — move up and down the income scale over their working lifetimes.
Premium Increases Expected for Long-Term Care Insurance
Longer life spans and medical issues leave policyholders facing huge hikes.
The Perfectly Dangerous Thing Your Clients Want
What a Michelle Pfeiffer photo shoot can teach advisors about their clients.
The Messy Reality of Financial Decisions
Following the evidence is imperative and difficult.
Lessons From Merrill’s First 100 Years From Founder’s Son
As Merrill Lynch approaches its 100th anniversary, Its founder's son, Winthrop Smith, talks to ThinkAdvisor about its heroes and one villain in particular.
The U.S. Economy Is Stuck in the Past
A backward-looking society underinvests in the future.
7 Rules for Betting Against the Herd
Like it or not, we are all contrarians. Here are some guidelines for making smart calls when breaking away from the pack.
El-Erian: 5 Things to Look for in Yellen Testimony
Mohamed El-Erian predicted few fireworks ahead of Janet Yellen’s confirmation hearing on Thursday.
SAC Capital Pleads Guilty, Will Pay Record $1.2 Billion Penalty
The penalty is on top of the $616 million in insider trading fines that SAC agreed to pay earlier this year.
SEC, DOL, FINRA Enforcement: SAC Capital Could Plead Guilty
Among other recent enforcement actions, DOL retrieved $1.6 million for Sunkist employees and FINRA fined and censured Scottrade.