Financial advisors’ confidence in both the economy and the markets was largely unchanged in October as advisors awaited the expected end of quantitative easing and increased volatility in the equity markets.
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“The ...
Ameriprise Financial (NYSE: AMP) reported stong growth in the third quarter driven by the advice, wealth management and asset management segments, which account for an increasing portion of its overall business; firm-wide operating net revenue was...
We’re coming out of a 30-year bull market in bonds, and just experienced a 10 percent stock market correction. But Bob Doll, Nuveen Asset Management’s chief equity strategist, believes there are more reasons to be confident this year...
(Reuters) - The stock-heavy American Funds family is on track to report its first year without big investor withdrawals since 2008, a top company executive said as improved performance helped bring money to its actively managed products...
Recently, there has been an acceleration of U.S. multi-national companies merging with smaller offshore firms as a way to move their headquarters overseas and save 35 percent in corporate taxes. Burger King, for example, just merged with Tim...
Today, Sept. 23, summer officially comes to a close. It’s been an eventful summer. With all the geopolitical brouhaha, you might not have noticed that the risk of domestic recession increased fivefold, at least according to economic modeling devi...
