Latest News

Regulators bare their teeth on excessive fees

Jan 23, 2015

Moves this week by Finra and the SEC signal watchdogs are ready to pounce on anyone overcharging clients.

Brokers under White House scrutiny for costing workers billions in retirement savings

Jan 23, 2015

New government research says some broker practices are costing investors $8 billion to $17 billion a year, and the White House may now support tighter oversight of brokers who handle retirement accounts.

Bordeaux is illiquid but there is a way to invest in wine

Jan 24, 2015

More than half a dozen firms peddling wine investments in the U.K. alone went belly up last year. Why have there been so many flops? A fund's structure — and the wine it buys for investing — are key to success.

Taking over an adviser's book can be a risky venture

Jan 22, 2015

It can prove tougher than many think to build trust and meld with someone else's clients.

Adviser pool continues to drain, losing 2% in 2013

Jan 22, 2015

According to new data, adviser headcount fell by 1.9% in 2013, as about 5,500 advisers left the industry and were not replaced.

Hedge fund managers testing the social media waters

Jan 22, 2015

Lifted advertising ban and pressure from liquid alts drive secretive managers into the open.

Dynasty picks up ex-Merrill complex director

Jan 22, 2015

Paul Landaiche will help advisers in Dynasty's network make acquisitions.

Financial advisers rocket Vanguard to No. 2 in ETFs behind BlackRock

Jan 22, 2015

The firm's focus on cost-conscious, fee-based advisers has been a winning strategy.

Gross eats his own cooking at Janus, putting more than $700M in his fund

Jan 22, 2015

The former Bond King invested more than $700 million of his own money in his unconstrained bond fund, according to Janus Capital Group CEO Dick Weil. The news sparked a rally in Janus shares.

Royal Bank buys City National in push to expand wealth business

Jan 22, 2015

Toronto-based lender to pay $5.4 billion for California banker to the stars.

Secrets for successful withdrawal strategies in retirement

Jan 22, 2015

Market conditions in early retirement can help predict whether your clients' assets will actually last 30 years.

Investor, consumer groups call on Finra to release more arbitration data

Jan 21, 2015

As task force reviews process, regulator pushed to fess up on selection of arbitrators, award collections and case statistics.

Little incentive to use 529 plans under Obama proposal

Jan 21, 2015

College planning would change under president's reforms to education tax code.

Accused alts manager Daniel Thibeault says SEC claims 'unsupported' by 'scant facts'

Jan 21, 2015

Fund manager is fighting back against request to freeze his assets, says claims are 'unsupported' and regulator is 'overly aggressive.'

Will European easing sideline a Fed rate hike?

Jan 21, 2015

Advisers and experts say 'the Fed really is hamstrung' by European Central Bankers' planned $50-billion-per-month quantitative easing program, meaning they can't raise or lower interest rates in this environment.

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