Bloomberg

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FINTECH OCT 23, 2009
Share of Wallet Report added to WealthTouch platform

WealthTouch Inc. this week announced an addition to its Institutional Reporting Module which it is calling the Share of Wallet Report.

REGULATION, LEGAL & COMPLIANCE OCT 23, 2009
Best-selling author hits her financial advisers with lawsuit over $40M in losses

Patricia Cornwell, the author of several best-selling crime novels, is going after her financial advisers in an attempt to recover $40 million she has lost, according to multiple published reports.

REGULATION, LEGAL & COMPLIANCE OCT 23, 2009
Finra's Ketchum pitches — again — for adviser oversight

Richard Ketchum, the chairman and chief executive of the Financial Industry Regulatory Authority Inc., told a gathering of brokerage firm executives that his group will be more aggressive about investigating the advisory activities of their brokers &#8212; regardless of whether it <a href= http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20090517/REG/305179968&amp;ht=SRO>gets full regulatory authority </a> to oversee investment advisers.

RIA NEWS OCT 22, 2009
N.Y. fund manager settles 4 of 18 underage sex suits

A New York billionaire jailed for soliciting underage prostitutes in Florida has settled four out of 18 abuse lawsuits by young women.

REGULATION, LEGAL & COMPLIANCE OCT 22, 2009
U.S. House panel approves consumer protection agency

The House Financial Services Committee voted Thursday to create a federal agency devoted to protecting U.S. consumers from predatory lending, abusive overdraft fees and unfair rate hikes.

FINTECH OCT 22, 2009
With Windows 7 launched, advisers can start checking for compatibility using new Microsoft website

Microsoft Corp. today officially launched its Windows 7 operating system to the masses.

OPINION OCT 22, 2009
It's Payout Change Season!

Your payout is never as simple as it seems

RIA NEWS OCT 22, 2009
Ameriprise posts 3Q profit as sales rise

Mutual fund manager Ameriprise Financial Inc. on Wednesday reported a third-quarter profit, reversing a year-ago loss, as sales grew.

RIA NEWS OCT 22, 2009
Home price index falls 0.3 percent in August

A government index shows U.S. home prices dipped slightly in August from the previous month, but remained above a low point reached in May.

FINTECH OCT 22, 2009
J.P. Morgan goes live with online target date tool for advisers

J.P. Morgan Funds is rolling out an online version of its target date evaluation program for advisers. The firm also is discussing developing a similar tool to help advisers analyze target risk funds.