Social Security cost-of-living adjustment announced

Social Security Administration says benefits will rise 1.7% next year, coming to about $20 extra per month, which some argue won't cover health care inflation.

Wunderlich cuts ties with recently fired LPL broker

Former star LPL broker and Houston branch manager James "Jeb" Bashaw is no longer joining Wunderlich Securities, and is also fighting back against LPL's allegations.

4 mistakes advisers make with Millennial women

Blog - Make sure you don't alienate the next generation of female clients that are poised to amass more wealth than their parents.

SEC to reject applications for nontransparent ETFs

In a preliminary decision, the Securities and Exchange Commission has rejected applications for nontransparent ETFs from BlackRock, Inc. and Precidian Investments, determining that the proposals are not in the public interest.

Fed struts its market-timing skills

Blog - Breakfast with Benjamin: The Fed tries to inject a sense of calm in the market, Mohamed El-Erian passes on Pimco, all economists get it wrong, a global currency war is unfolding before our eyes, and more.

Compliance costs take toll on LPL

LPL Financial cuts 11 cents a share from its third-quarter earnings forecast after projecting it will need another $18 million to satisfy regulatory concerns.

Pimco's former parent moves money to Janus

Pacific Life Insurance Co., the insurer where Pimco was started as a bond unit in 1971, is moving money from Bill Gross's old firm to Janus Capital Group, which the bond legend joined last month.

Fired by Merrill, $2.5B duo lands at Stifel

A team of elite advisers who was fired last month by Bank of America Merrill Lynch over private securities transactions has found a new home. (Plus: The team plans to fight back.)

The case against passive fixed-income strategies

Blog - The advantages of active strategies come from identifying value with respect to credit risk, interest rate levels and currency valuations, according to Legg Mason's Thomas Hoops.

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