Latest News

Finra names new head of arbitration

5:37 pm

A 19-year veteran of the organization will replace Linda Fienberg on Dec. 1.

National Planning Holdings puts kibosh on ARC nontraded REIT sales

2:12 pm

After Nicholas Schorsch's giant traded REIT, American Realty Capital Properties, revealed a big accounting debacle, one large broker-dealer network temporarily put a stop to sales of one of Mr. Schorsch's nontraded REITs.

New rules for annuities and target date funds inspire products race

1:47 pm

Firms are at the drawing board designing retirement products, thanks to new guidance issued last week by the Treasury and Labor departments

Jeb Bashaw headshot

LPL's former star adviser finds a home

11:36 am

James “Jeb” Bashaw is now registered with small broker-dealer International Assets Advisory.

Great-West Financial renames new retirement plan business Empower

12:00 pm

New name is latest step in integration of Putnam Investments' retirement business and the acquisition of J.P. Morgan's Retirement Plan Services.

Pershing playing catch-up with competitors as custodian considers offering commission-free ETFs

10:03 am

Platforms, popular with RIAs, post tremendous growth for firms, fund managers.

CEO Mark Casady apologizes to LPL Financial shareholders for compliance missteps

10:00 am

Mark Casady apologizes to LPL Financial shareholders for compliance missteps as company takes hit to third-quarter profits. (See also: LPL's regulatory hit list)

Stock index futures fall on rate concerns as Fed ends QE

8:26 am

Economy on stable track but investors will watch economic reports on growth, unemployment, consumption.

Pershing “actively” considers launching commission-free ETF platform

Oct 29, 2014

Custodian considering jumping on bandwagon popular with RIAs as other platforms grow big.

Nicholas Schorsch downplays ARCP's $23M accounting debacle

Oct 29, 2014

Execs replaced over what firm calls intentional errors; REIT king says problems will not affect other related firms. (Plus: Untangling Schorsch's vast web)

Raymond James, Ameriprise deliver higher profits, helped by adviser growth, wealth management

Oct 29, 2014

Raymond James and Ameriprise reported double-digit profit gains, with Raymond James posting record quarterly net income. Here's how they did it.

Federal Reserve to end bond buying but keep interest rates low

Oct 29, 2014

Policy makers say labor market has improved while inflation likely to remain subdued over the near term.

Americans feeling squeezed in saving for retirement

Oct 29, 2014

BlackRock poll show most find it hard to pay bills and put money aside for retirement; Social Security considered key source of income.

Charles Schwab logo

Robo-advisers say they aren't worried about Schwab

Oct 29, 2014

Robo-advisers say they aren't worried about Schwab's new entrant but one market analyst isn't so sure the young industry can hold up against the giant household name.

Mariner Holdings on hiring spree

Oct 29, 2014

Parent of RIA Mariner Wealth Advisors wants to hire up to 160 employees over the next six months.

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