Advisor News

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RETIREMENT PLANNING NOV 28, 2014
How one woman collects three types of Social Security benefits

Divorced and widowed, this client can rack up significant guaranteed retirement income by using this savvy strategy.

By Mary Beth Franklin
RETIREMENT PLANNING NOV 28, 2014
Rollovers of 401(k)s into pension plans gets government agency backing

With move, the Pension Benefit Guaranty Corp. clears the way for annuitization of the funds.

By Darla Mercado
RETIREMENT PLANNING NOV 26, 2014
Financial planning issues wrapped into government spending bill?

As Congress prepares to vote on funding, the Labor Department's fiduciary duty rule and some pension benefits could be at risk in last-minute deal making.

By Darla Mercado
INDEPENDENT BROKER DEALERS NOV 26, 2014
Next Financial Holdings' D'Angelo resigns as CEO, chairman

One of the firm's six original principals, he will remain as a corporate director.

By Bruce Kelly
RETIREMENT PLANNING NOV 26, 2014
Government workers get first crack at phased retirement

Will federal program set an example for the private sector?

By Mary Beth Franklin
ALTERNATIVES NOV 26, 2014
Accounting fiasco highlights tangled web behind Nicholas Schorsch's empire

In the wake of accounting problems at American Realty Capital Properties Inc., the rest of Nicholas Schorsch's empire has drawn scrutiny for its complexity.

By Bruce Kelly
WIREHOUSES NOV 26, 2014
Wells Fargo settles bonus squabble for $7.4M

Wirehouse settles class action claim the firm wrongly withheld incentive compensation from two former advisers who changed firms.

By Mason Braswell
RETIREMENT PLANNING NOV 26, 2014
Early detection of Alzheimer's would allow for better financial planning

Soon, a blood test may let patients know they have Alzheimer's 10 years earlier than it can be diagnosed today. Advisers say that is a lot of extra years to allow clients to save and make important legal and health care decisions.

By Liz Skinner
REGULATION, LEGAL & COMPLIANCE NOV 26, 2014
Borzi taking a back seat on fiduciary

DOL conflicts-rule champion Phyllis Borzi steps back while secretary meets with industry

By Mark Schoeff Jr.
PRACTICE MANAGEMENT NOV 25, 2014
Mutual funds to face new rules from SEC on portfolio holdings

The agency's goal is to ensure funds are liquid enough to meet client redemptions.

By Bloomberg
RETIREMENT PLANNING NOV 25, 2014
Madoff scam recovery hits $10 billion, almost 60% of lost money

The cost of liquidating the con man's defunct investment advisory firm has topped $1 billion but his former clients aren't footing the bill.

By Bloomberg
RETIREMENT PLANNING NOV 25, 2014
IRS losing the battle over mega-IRAs as company founders fill retirement accounts with nonpublic stock

Outgoing Senate Finance Committee chair urges IRS, Treasury to step up.

By Bloomberg
REGULATION, LEGAL & COMPLIANCE NOV 25, 2014
Commodity Futures Trading Commission teams up with SEC and Finra to combat investor fraud

Federal financial regulators collaborate on consumer <a href="//smartcheck.cftc.gov&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">website</a> linking resources on advisers and investment products.

By Mark Schoeff Jr.
SEC scrutinizing billionaire hedge fund manager Phil Falcone
ALTERNATIVES NOV 25, 2014
SEC scrutinizing billionaire hedge fund manager Phil Falcone

Harbinger Capital's Phil Falcone is being scrutinized by the SEC for allegedly borrowing client funds to pay taxes and giving preferential treatment to Goldman Sachs

By Doug Cubberley
FINTECH NOV 24, 2014
New, easy and free technology to figure out capital gains distributions

Online database makes avoiding complicated tax savings a thing of the past.

By Sheryl Rowling
RETIREMENT PLANNING NOV 24, 2014
Rethinking the traditional retirement income glide path

New software takes headaches out of the bucket strategy

By Mary Beth Franklin
RETIREMENT PLANNING NOV 23, 2014
Morningstar is ready to move beyond the style box

Powerful research firm asks advisers' help to better customize asset allocation.

By Trevor Hunnicutt
Cybersecurity a major priority in independent broker-dealers' 2015 tech budgets
FINTECH NOV 23, 2014
Cybersecurity a major priority in independent broker-dealers' 2015 tech budgets

Preventing hack attacks is a big concern for independent broker-dealers heading into next year based on their planned technology spending.

By Joyce Hanson
FINTECH NOV 21, 2014
Some advisers moving to mobile payment systems to bill clients

As more Americans demand online billing, some advisers are kicking the tires of mobile payment systems such as PayPal and finding benefits and drawbacks.

By Liz Skinner
RETIREMENT PLANNING NOV 21, 2014
Life insurers launching new variable annuities despite tepid sales

A slump in VA purchases clashes with historical notion that product sales mirror the stock market's trajectory. And insurers are launching new products.

By Darla Mercado