Bloomberg

Bloomberg
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RIA NEWS NOV 29, 2007
Rocky road feared after strong GDP

The third-quarter economy expanded at its fastest pace in four years, growing 4.9%, according to a Department of Commerce report.

REGULATION, LEGAL & COMPLIANCE NOV 29, 2007
Bill would block gifts to donor-advised funds

Legislation allowing donations from IRAs to individual charities will not include donations to donor-advised funds.

LIFE INSURANCE AND ANNUITIES NOV 29, 2007
Prudential taps Strangfeld as CEO

Mr. Strangfeld, currently vice chairman of Prudential, now runs all of the company’s U.S. businesses.

RIA NEWS NOV 28, 2007
MFS launches web portal for RIAs

The portal gives advisers access to fund attribution analysis, portfolio commentaries, portfolio holdings analysis, and sector/security attribution.

RIA NEWS NOV 28, 2007
Existing home sales drop 1.2%

Sales of existing homes fell in October pushing supply of homes to the highest level since 1985.

RIA NEWS NOV 27, 2007
Astor sues Astor

The son of New York philanthropist Brooke Astor and his attorney are expected to be indicted due to their handling of her $198 million estate.

RIA NEWS NOV 27, 2007
CD designed for 529s

Oregon's new certificate of deposit linked to the S&P 500 Index offers a guarantee and possible growth.

RETIREMENT PLANNING NOV 27, 2007
Citigroup sells stake to Abu Dhabi authority

Citigroup Inc. is selling a 4.9% stake to the Abu Dhabi Investment Authority, in a transaction valued at $7.5 billion.

RIA NEWS NOV 27, 2007
Consumer confidence drifts down

Conference Board says worries about the stock market and rising gasoline prices led to 7.9-point drop in November.

RIA NEWS NOV 27, 2007
Fisher Investments enters publishing biz

Wiley and Fisher Investments create joint venture to publish books written by asset manager's employees.