Bloomberg

Bloomberg
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RIA NEWS APR 23, 2007
Tech IPOs poised to make a comeback in New York

NEW YORK — Dice Holdings Inc., which operates career- and job-oriented websites, including Dice.com and JobsintheMoney .com, plans to raise $100 million through an initial public offering.

RETIREMENT PLANNING APR 23, 2007
T. Rowe gets into 401(k) annuities

The mutual fund giant said that it has started offering 401(k) plans an online platform that participants can use to purchase annuities.

MUTUAL FUNDS APR 23, 2007
Activists press funds to nix big comp deals

BOSTON — Labor activists are using a Securities and Exchange Commission rule requiring mutual fund proxy disclosure to ratchet up the pressure on executive compensation that they consider excessive.

FINTECH APR 23, 2007
For advisers, failing to plan is planning to fail

WASHINGTON — Financial advice professionals who routinely log 60-hour workweeks may be spinning their wheels, a new report suggests.

WIREHOUSES APR 20, 2007
Schwab reduces, scraps minimums

Charles Schwab Corp. has reduced account opening minimums for all of its main brokerage and retirement accounts and eliminated minimums for many others, the firm announced today.

INDEPENDENT BROKER DEALERS APR 20, 2007
Pacific Life executive jumps ship

Another top executive has walked away from the Pacific Select Group LLC, the soon-to-be-dismantled broker-dealer network of Pacific Life Insurance Co. of Newport Beach, Calif.

RIA NEWS APR 20, 2007
H & R Block to sell mortgage unit

H & R Block announced today that it will sell its Option One Mortgage Corp. unit to private equity firm Cerberus Capital Management LP.

WIREHOUSES APR 20, 2007
Ryan withdraws from Treasury nomination

JPMorgan Chase & Co. chief executive T. Timothy Ryan has withdrawn himself from consideration to be the Department of the Treasury's top international policy adviser, according to published reports.

RIA NEWS APR 20, 2007
optionsXpress gets 18% profit bump

Online brokerage firm optionsXpress Holdings Inc. reported an 18% increase in first quarter profit, helped out by an increase in new accounts, but fell short of Wall Street expectations.

MUTUAL FUNDS APR 20, 2007
Nuveen to buy HydePark

Nuveen Investments Inc. has agreed to acquire HydePark Investment Strategies, a specialist in enhanced equity investment management.