InvestmentNews

InvestmentNews
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YOUR PRACTICE PRACTICE MANAGEMENT FEB 14, 2017
Finra bars former Wells Fargo rep for churning accounts of 93-year-old

Illinois broker Matthew Maczko earned more than $640,000 from $3 million in assets

INVESTING MUTUAL FUNDS FEB 14, 2017
Fidelity shuffles managers at its small cap funds

Other changes made at AMG, Calvert, Icon and Westcore.

NEWS INDUSTRY NEWS FEB 13, 2017
Higher Medicare and household expenses biggest financial shockers in retirement

Mix of spending changes but total outlays don't go down, retirees say

YOUR PRACTICE PRACTICE MANAGEMENT FEB 13, 2017
Raymond James attracts $460 million team from Morgan Stanley

Three advisers, planner and three staff members join Mt. Laurel, N.J. office.

NEWS REGULATION AND LEGISLATION FEB 10, 2017
Labor Department seeks 180-day delay of fiduciary rule: Reports

Agency also wants to open another round of public comment on the regulation, according to published reports.

NEWS WIREHOUSES FEB 10, 2017
Morgan Stanley mulls moving New York City headquarters

Firm is considering buying space near Hudson River, site of BlackRock's new offices

New Jersey broker pleads guilty to six-year elder scam
NEWS REGULATION AND LEGISLATION FEB 10, 2017
New Jersey broker pleads guilty to six-year elder scam

Former rep charged with bilking $1 million from clients.

SEC charges Connecticut RIA with stealing $3.95M from investors
NEWS RIAS FEB 10, 2017
SEC charges Connecticut RIA with stealing $3.95M from investors

The regulator alleges the founder of Sentinel Growth Fund Management stole from investors to settle private lawsuit.

YOUR PRACTICE PRACTICE MANAGEMENT FEB 09, 2017
Women cope better financially with later-in-life divorce than men: CPA survey

Many more older women apt to seek out financial advice, increase savings and spend less

John Bogle: Demise of fiduciary rule would be 'step backward' for nation
NEWS REGULATION AND LEGISLATION FEB 09, 2017
John Bogle: Demise of fiduciary rule would be 'step backward' for nation

'Fiduciary principle' will survive regardless of rule outcome, Times op-ed predicts