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RIA NEWS OCT 04, 2009
"Responsible teen' not an oxymoron

By at least one measure, today's teenagers are more responsible than their parents were.

LIFE INSURANCE AND ANNUITIES OCT 04, 2009
Half of households lack backup for breadwinner

Many American households would be in financial distress if confronted with the loss of a breadwinner, according to a recent survey from New York Life Insurance Co.

REGULATION, LEGAL & COMPLIANCE OCT 04, 2009
Advisory firms must work together

The investment advisory profession is facing a number of serious policy issues that could dramatically alter the manner in which it is regulated and transform the high ethical standards that have been a hallmark of the profession for decades.

RIA NEWS OCT 02, 2009
August pending home sales rise to 2 1/2 year high

Aspiring U.S. homebuyers rushed to take advantage of a tax credit for first-time owners that expires in November, driving up the number of signed sales contracts for the seventh straight month in August.

RIA NEWS OCT 01, 2009
Pimco's Bill Gross: The 'new normal' may be to avoid most bonds

In the "new normal" of slower economic growth and lower investment returns, Pacific Investment Management Co. LLC's Bill Gross is himself buying steady, dividend-paying stocks.

ETFS OCT 01, 2009
Grail set to kick off active ETFs

Trading will begin tomorrow on four actively managed exchange-traded funds launched by Grail Advisors LLC.

RIA NEWS OCT 01, 2009
Madoff trustee seeks $7B from Fla. philanthropist

A trustee trying to recover Bernard Madoff's assets for jilted investors now says a Florida philanthropist should return $7 billion that he received from Madoff.

RIA NEWS OCT 01, 2009
New jobless claims rise more than expected to 551K

First-time claims for jobless benefits increased more than expected last week, a sign employers are reluctant to hire and the job market remains weak.

RIA NEWS OCT 01, 2009
Schwab's Sonders is bullish yet cautious on economy

There are more positives than negatives in the current economy, but the negatives should not be overlooked, Liz Ann Sonders said today speaking at an Investment Management Consultants Association conference in Atlanta.

RIA NEWS OCT 01, 2009
US consumer spending surges in August

U.S. consumer spending, propelled by a temporary government incentives program for auto sales, shot up in August by the largest amount in nearly eight years even though personal incomes continued to lag.