Bloomberg

Bloomberg
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ALTERNATIVES SEP 09, 2008
Median home prices tick up in July

Median prices of single family homes rose 0.9% in July from June, but they’re still down year-over-year by 11.4%, according to the July Home Price Index report released today by Denver-based Integrated Asset Services LLC.

PRACTICE MANAGEMENT SEP 09, 2008
LIMRA, NAIFA launch online seminars

The National Association of Insurance and Financial Advisors today announced its partnership with LIMRA International Inc. to provide NAIFA members with free access to a monthly “Market Awareness” web seminar.

RIA NEWS SEP 09, 2008
Merrill's ARS holdings drop

Merrill Lynch & Co. Inc. of New York expects its retail client holdings of auction rate securities to fall to $7.5 billion by the end of the year, said Bob McCann, head of the firm's retail unit.

ALTERNATIVES SEP 09, 2008
Firms heed call of alternative investments

The appeal of alternative-investment strategies is becoming increasing apparent to traditional money management firms trying to capture a piece of that market, according to the latest research from Cerulli Associates Inc. in Boston.

PRACTICE MANAGEMENT SEP 08, 2008
September Week 1: Start your client-tiering segmentation

The key to capturing rollover from qualified savings plans is right in each adviser’s office — your own client list.

LIFE INSURANCE AND ANNUITIES SEP 08, 2008
Phoenix unveils living-benefit riders

The Phoenix Cos. Inc. of Hartford, Conn., today launched its suite of living-benefit riders, with two new additions.

ALTERNATIVES SEP 08, 2008
Hedge fund assets hit $1.7 trillion

The asset management arm of JPMorgan Chase & Co. held the top spot in a ranking of assets managed by hedge funds, with $48.1 billion as of July 1.

RIA NEWS SEP 08, 2008
Low returns spur big cuts for money managers

As leaner times sweep through the asset management industry, everything from travel expenses and catering services to payroll (read: bonuses) is on the chopping block.

RETIREMENT PLANNING SEP 08, 2008
403(b) plan participants save less than 401(k) investors

Participants in 403(b) plans tend to be more conservative and set aside less money than those in 401(k) plans, according to a new study.

RIA NEWS SEP 08, 2008
A feel-good ad campaign

MassMutual Financial Group is counting on the fact that consumers worry about whether they have made the right financial choice with its new campaign, Good Decisions.