The Hartford is betting that enhancements to its variable annuity suite will pull it ahead of competitors in the race to offer investors secure retirement income options.
Smith Barney has agreed to settle a class action alleging that the firm loaded up
customers of its broker-managed fee-based accounts with stocks of investment banking clients.
Securities America, with about 1,900 reps and advisers, is owned by Ameriprise Financial Inc., one of the largest retail brokerage firms in the country.