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RIA NEWS MAR 17, 2009
IRS allowing tax relief for some Madoff victims

The Internal Revenue Service is allowing tax relief and refunds for some investors who paid taxes on earnings from their investments with Bernard Madoff.

RIA NEWS MAR 17, 2009
Wealthy are gloomy but staying the course

Wealthy investors may be pessimistic about the economy, but most didn’t plan on changing their long-term investment approach, according to a new survey.

LIFE INSURANCE AND ANNUITIES MAR 17, 2009
Investor sues Prudential over 'misleading' note offering

An investor has filed a class action against Prudential Financial Inc. and a slate of its executives, alleging that the insurer violated federal securities laws in a June 2008 public offering of junior subordinated notes.

MUTUAL FUNDS MAR 17, 2009
Vanguard tops fund companies for '08 sales

The Vanguard Group Inc. led all mutual fund companies in sales last year, according to new data from Financial Research Corp.

MUTUAL FUNDS MAR 17, 2009
Janus merges two retail fund lines

Janus Capital Group Inc. yesterday said that its trustees approved a proposal to merge its two retail-fund series.

FIXED INCOME MAR 17, 2009
E-Trade launches fixed-income tools

E*Trade Financial Corp. today announced the launch of a series of online tools aimed at helping its customers select fixed-income products.

RIA NEWS MAR 17, 2009
Krugman calls EU stimulus 'disappointing'

Nobel laureate economist Paul Krugman has told the European Union that its effort to spend its way out of recession 'really is disappointing.'

RIA NEWS MAR 16, 2009
Obama unveils plan for small businesses

The Obama administration announced Monday that the 21 largest banks receiving government money must report monthly on how much lending they do to small businesses.

PRACTICE MANAGEMENT MAR 16, 2009
Developing a calendar for your retirement advisory board

<b>The challenge:</b> While there are countless ways a retirement advisory board can be of value to your practice, it&#8217;s difficult to sustain the board&#8217;s excitement and energy after the first meeting.

ALTERNATIVES MAR 16, 2009
Homebuilders' confidence stays near historic lows

A key gauge of homebuilders' confidence remained near historic lows in March, as builders saw a drop in prospective homebuyers visiting model homes amid rising job losses and economic fears, according to a survey released Monday.