Investment Instruments

The firm, which oversees $27.7 billion, received a Wells notice from the Securities and Exchange Commission on Aug. 13.

BlackRocks iShares unit, the largest exchange-traded fund company in the world, is planning to close nine target-date ETFs this fall.

Median income adjusted for inflation rose 2 percent to $223,200 for the wealthiest 10 percent of households from 2010 to 2013. The bottom 60 percent saw the biggest declines.

If you would like to introduce your clients to alternatives, there may no longer be compelling reasons to look back at the history of hedge funds.

All debate aside about how well prepared people are for retirement, pension funds are racking up some impressive totals.

The insurer acknowledged in 2013 that it had reached Stage 3 in the FSOCs process for designating a non-bank entity systemically vital to the economy.