The woes stemming from UBS AG's unit in Puerto Rico over the sale of local, closed-end municipal bond funds have landed squarely in the lap of UBS brokers and financial advisers in the island commonwealth.
- Fidelity's feverish fee cuts a bid to cure market share woes
- Fixed-annuity sales driven by frustration with low interest rates, thirst for income
- Lessons in leadership from Nelson Mandela
- Tommy Belesis still faces Finra fraud complaint
- Morgan Stanley tweaks compensation plan
- Finra votes to bump arbitrators' pay by 50%
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825 views | Dec 3, 2013
The Federal Reserve has an economic problem worthy of a Shakespearean tragedy. It's worked tirelessly to support the markets and prevent an economic depression but it has created a problem for which there is no clear solution.
954 views | Dec 3, 2013
For fund investors, the vacation from capital gains taxes may be over after another strong year for stocks. But it's not all bad news, as there are ways for investors to extend their holiday.
1,002 views | Dec 3, 2013
Decisions clients make in the next four weeks can make a significant difference in their annual tax bill.
1,652 views | Dec 3, 2013
Through last week, muni bond mutual funds have experienced 27 consecutive weeks of net outflows and while the investor exodus has not helped fund performance, it has contributed to the reality of basic bond math, which means higher yields.
1,434 views | Dec 3, 2013
Investors have enjoyed an epic rally this year with little volatility, thanks at least in part to all the cash the Fed is pumping into the system. But advisers should be prepping clients now to get ready for some choppiness ahead. Jason Kephart reports.
3,295 views | Dec 3, 2013
Pimco's co-CIO says central banks pushing investors to riskier assets but that policy has limits.
2,919 views | Dec 4, 2013
Morgan Stanley forecasts an 80% chance that municipal bonds will lose money again next year, primarily because of rising interest rates. Year-to-date through Tuesday, the average national intermediate-term bond fund is down 2.16%.
Depending on your income, some of your Social Security benefits may be taxable. But if you repay benefits, you may be eligible for a deduction or credit.
Technology is pretty inexpensive but as Dave O'Brien reminds advisers, acquisition is only one step toward tech success.
Breakfast with Benjamin: Watching the last jobs report of the year, plus Vanguard as the Wal-Mart of ETFs, retailers show early weakness, shrinking health care jobs, Deutsche Bank abandons commodities trading, and unions pay fast food protesters.
Firms are beginning to give their young advisers more meaningful work sooner rather than later. Is this a sign that the model for bringing up new advisers is changing?
- Dec 05 - Doug Noble, Greg Bowden, Rod Dahl
Joining: Raymond James
- Dec 05 - Paul Jarvis
Joining: United Capital
- Dec 05 - Terry Vrieze, Jayme Bresnahan, Edward Modglin, Peter Rothamel, Vincent Sturm
Explore your opportunities and be informed for your next move.
Dorothy Weaver Founder & CEO, Collins Capital
Liz Ann SondersChief Investment Strategist, Charles Schwab Corp.