Bloomberg

Bloomberg
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RIA NEWS SEP 01, 2008
College saving put on hold

Over a third of parents have slowed or stopped saving for their children's education as they struggle with higher food and energy costs, a survey from TD Ameritrade Holding Corp. suggests.

FINTECH SEP 01, 2008
Finra, SEC rules constrain advisers in blogosphere

Advisers who rely on blogs to communicate with their clients view the activity as a harmless, inexpensive technology.

RIA NEWS AUG 29, 2008
Salaries down, spending up in U.S.

Personal incomes fell 0.7% in July, marking the sharpest decline since incomes dropped 2.3% in August 2005.

FINTECH AUG 29, 2008
MailBanc compliance platform, DTCC revamp

MailBanc, a communications and compliance platform tailored for financial advisers has been relaunched this month.

ETFS AUG 29, 2008
ETFs a threat to mutual funds, Cerulli says

Advisers are using ETFs in multiple ways, in both the core and satellite allocations, as well as in the active and passive slices of investors’ portfolios.

RIA NEWS AUG 29, 2008
Japan launches $107.5B stimulus package

The package includes 2 trillion yen ($18 billion) in rebate checks that will be sent to Japanese citizens.

RIA NEWS AUG 29, 2008
U.S., Europeans fretful about finances

Confidence among U.S. consumers inched up in August as the prospects for the overall economy improved — but consumers continued to fret about their personal finances.

MUTUAL FUNDS AUG 29, 2008
SEC fines ‘unscrupulous promoter’ $510,000

The SEC accused Donald H. Allen and his companiesof raising around $9.9 million from 350 investors and failing to disclose that no profits had been generated.

RIA NEWS AUG 28, 2008
BofA buys back $43M ARS from Mass.

The Massachusetts Turnpike Authority and the Massachusetts Housing Partnership will be repaid $18 million and $25 million, respectively.

RIA NEWS AUG 28, 2008
S&P Ratings gives BlackRock an A+

The New York-based ratings agency upgraded BlackRock's long term corporate credit rating to AA- from A+.