Bloomberg

Bloomberg
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NEWS RIAS OCT 31, 2007
FundVest adds Calamos to fund platform

Pershing has added Calamos Asset Management to its FundVest no-transaction-fee mutual fund platform.

NEWS INDUSTRY NEWS OCT 31, 2007
GDP, other economic gauges revive

Real gross domestic product out-performed economists’ expectations, rising 3.9% in the third quarter.

RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 31, 2007
Citigroup snaps up Carlton Hill

Citigroup Inc. will buy Carlton Hill Global Capital, a New York-based fixed-income money manager.

RETIREMENT RETIREMENT PLANNING OCT 30, 2007
Huntleigh launches Blue Ocean 401(k)

The St. Louis-based firm touts this plan as the lowest cost full service 401(k) plan available in the industry.

NEWS INDUSTRY NEWS OCT 30, 2007
Home prices, consumer confidence sag

August home prices slumped for the eighth consecutive month and consumer confidence took a downward turn in September.

NEWS INDUSTRY NEWS OCT 30, 2007
Russell funds available through FundQuest

To serve RIAs, FundQuest has added Russell products to its managed accounts platform.

INVESTING ETFS OCT 29, 2007
WisdomTree yields new ETF

Tomorrow, WisdomTree Trust will debut an ETF offering exposure to small-cap stocks in emerging markets.

RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 29, 2007
LIMRA and LOMA ink merger

The new not-for-profit organization will called LL Global Inc., providing a unified management structure.

RETIREMENT LIFE INSURANCE AND ANNUITIES OCT 29, 2007
Long-term-care insurance buyers younger

The average age of a buyer is now 58, down from 61 in 2005, and 67 in 2000, according to a survey.

NEWS RIAS OCT 29, 2007
RIA assets skyrocket 47%

RIA firms racked up $1.4 trillion in assets this year, compared to $950 billion in assets in 2005.