Does Americans' Keen Focus on Earning Hurt Saving?
By Ginger SzalaA Cornell study looked at how Americans view earnings vs. savings, and it explains a lot about why savings rates are so low.
November 02, 2018
Cantor to Sell ETF, Retail Stock-Trading DivisionThe acquirer believes the deal should bring institutional-quality customer service and top technology to Main Street broker-dealers, asset managers and retail investors.
November 02, 2018
How Much Do Families Leave Behind by Not Using 529 Plans?A Morningstar analysis looks at the effect of using a 529 college savings plan instead of other savings vehicles.
November 02, 2018
Triad Adds $850M Team From Wells FargoIn a related development, Triad owner Ladenburg Thalmann says a separate subsidiary has acquired annuity-related assets.
November 02, 2018
Retail Channels Gobbling Up Bigger Share of AssetsCerulli credits IRA rollovers for an ongoing migration of assets from institutional to retail channels.
November 02, 2018
New Carrots, Sticks in Merrill's 2019 Comp PlanMerrill will institute a noncompensable policy, which executives say is "in line with many of our peers."
November 02, 2018
Want a Divorce? Better Do It NowTax overhaul kills alimony deduction for divorces after 2018; reaching a deal soon could mean tens of thousands in savings.
November 02, 2018
SEC Brought More Advisor, BD Enforcement Actions in 2018The Securities and Exchange Commission brought 821 enforcement actions in fiscal 2018.