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Insurance group advising on $222 million consolidates at Securities America
RIAS RIA NEWS JUN 28, 2018
Insurance group advising on $222 million consolidates at Securities America

Futurity First was affiliated with Mutual of Omaha Investors, ProEquities, AXA and Cambridge.

An employee benefit for deeply indebted millennials
RIAS PRACTICE MANAGEMENT JUN 28, 2018
An employee benefit for deeply indebted millennials

More than 100 companies now put some money toward their employees' student loans.

Equity market gyrations catch fund managers off guard
RIAS RIA NEWS JUN 28, 2018
Equity market gyrations catch fund managers off guard

Momentum stocks bear the brunt of the selling.

SEC proposes making it easier to start ETFs
INVESTING MUTUAL FUNDS JUN 28, 2018
SEC proposes making it easier to start ETFs

Rule is expected to give exchange-traded funds a boost, but complex products wouldn't be eligible for the streamlined process

Small caps are losing their immunity to trade jitters
INVESTING EQUITIES JUN 27, 2018
Small caps are losing their immunity to trade jitters

Russell 2000 index of small-cap stocks has underperformed global equities three days in a row

Momentum stocks set for more pain as quarter ends
INVESTING EQUITIES JUN 26, 2018
Momentum stocks set for more pain as quarter ends

Given recent declines, quantitative risk models are likely to send a sell signal, leading to additional losses, analyst says.

Former Finra analyst sues agency for age discrimination
RIAS PRACTICE MANAGEMENT JUN 26, 2018
Former Finra analyst sues agency for age discrimination

Brian McIntyre says Finra laid off mostly older workers after it lost a regulatory contract with the NYSE in 2016.

Bank of America contributed to $102 million Ponzi scheme: lawsuit
RIAS RIA NEWS JUN 26, 2018
Bank of America contributed to $102 million Ponzi scheme: lawsuit

Plaintiffs charged that BofA lent the scheme an air of legitimacy and provided critical support.

401(k) advisers should heed the legal aspects of outsourcing
ADVISOR NEWS RETIREMENT PLANNING JUN 25, 2018
401(k) advisers should heed the legal aspects of outsourcing

The extent to which an employer can completely remove fiduciary liability through outsourcing is an unresolved issue.

Stocks sell off on escalating trade jitters
INVESTING EQUITIES JUN 25, 2018
Stocks sell off on escalating trade jitters

Market trims losses after National Trade Council director Peter Navarro calms concerns about a trade war.