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RIA NEWS MAR 01, 2009

RIA NEWS FEB 27, 2009
World stocks lower Friday

RETIREMENT PLANNING FEB 27, 2009
Adhesion Wealth Advisor Solutions, Stonefield Software

Adhesion Wealth Advisor Solutions has upgraded its WealthADV Unified Managed Account platform, while Fla. vendor unveils report creation software

REGULATION, LEGAL & COMPLIANCE FEB 27, 2009
Two Montana firms accused of securities fraud

A state judge issued a temporary restraining order against two Montana firms accused of bilking seniors out of millions of dollars in a securities fraud scheme.

RIA NEWS FEB 27, 2009
Source: Stanford borrowed $1.6 billion from firm

The chief investment officer of Stanford Financial Group appeared in federal court Friday as details emerged showing the head of the firm borrowed $1.6 billion from.

RIA NEWS FEB 27, 2009
Economists question Obama budget

The Obama administration insists it isn't so, but some private economists are wondering if it has brought "Rosy Scenario" back to town.

RIA NEWS FEB 27, 2009
Economy contracted 6.2% in fourth quarter

MUTUAL FUNDS FEB 27, 2009
S&P raises volatility ratings on 10 funds

Standard & Poor's of New York today revised upward its fund volatility ratings on 10 U.S. offshore and European fixed-income funds.

LIFE INSURANCE AND ANNUITIES FEB 27, 2009
Manulife, Prudential may bid on AIG unit

In their bid to buy AIG’s American International Assurance Co. Ltd., Manulife Financial Corp. and Prudential PLC may pay cash and shares to but the Asian unit.

RETIREMENT PLANNING FEB 27, 2009
Obama tax plan winner? Tax-managed funds

President Obama’s proposal to raise taxes on affluent households, detailed in his budget plan today, could be a boon for tax-managed mutual funds.