Economy & Markets
The important economic and stock market news that advisors need to know.
Earnings: MetLife, Pru, Others
By Staff WriterMajor U.S. life and health insurers have published a series of sobering earnings releases this week.
February 02, 2009
SOA Creates Doctoral StipendThe Society of Actuaries will pay $20,000 per academic year to some actuaries or would-be actuaries who are pursuing doctoral degrees and want to teach in North America.
February 01, 2009
The Trouble with TreasuriesThe world is rapidly getting poorer. According to the International Monetary Fund, worldwide losses from the financial crisis already measured $1.4 trillion through November. Although it...
February 01, 2009
'No Free Lunch' with BondsAfter a strong first quarter start (+2.17 percent), the Barclays Capital U.S. Aggregate Bond Index fell 1.02 percent in the second quarter and followed that...
February 01, 2009
A Real Midas TouchWith a name like Midas, it should come as no surprise that the fund Tom Winmill runs is bullish on gold. After all, it was...
February 01, 2009
Edward Jones Now Close to 11,200 FAs; Will 'Take Boring Any Day,' Says WeddleWhat's your latest advisor headcount? We had a good year in 2008 in terms of how we grow, which is through organic growth. We refuse...
January 31, 2009
What does your financial advisor do to make sure your needs are being met?"Our advisor does a quarterly review of our assets. I used to feel like meeting that often was too much, but with the way the market is right now, I'm almost wondering if it's enough." -- Jan R., 70, New York,
January 30, 2009
Earnings: Ameriprise, Allstate, OthersU.S. life and health insurers are starting to report just how hard the recession affected earnings in the fourth quarter of 2008.