Iran nuke accord is already moving markets

Plus: Fed taper could hit savers hard, new scrutiny on company stock in K plans, the stocks hedge funds love and Consumer Report's annual "naughty and nice" list. All in today's Breakfast with Benjamin.
NOV 22, 2013
Oil and gold prices are heading lower as the global markets react to an initial accord over Iran's nuclear program. Iran deal said to take out some risk premium The potential winners of an Iran deal could include automotive and shipping firms. Lifting sanctions The U.S.-Iran nuke deal in a nutshell. Historic interim agreement As if near-zero interest on bank savings accounts wasn't bad enough, U.S. banks are now warning that a Fed tapering plan could lead to charging depositors a fee just to leave money in the bank. The messy unwinding of QE Holding company stock in 401(k) plans is coming under increased scrutiny by the Department of Labor. DOL petitions the Supreme Court U.K regulators are applying new pressure on the commissions being charged by asset managers. More fair and transparent fees, jolly good The 50 stocks hedge funds love the most. From Actavis to Visa Consumer Reports rolls out its annual 'naughty and nice' list. Citibank is deemed nice, Best Buy is naughty

Latest News

RIA dealmaking accelerates as three firms hit AUM milestones
RIA dealmaking accelerates as three firms hit AUM milestones

Wealth Consulting Group, Coastline and Maridea report fresh capital, acquisitions and asset growth as advisor M&A keeps climbing

VastAdvisor closes $1 million SAFE round from advisor-side backers
VastAdvisor closes $1 million SAFE round from advisor-side backers

Carson Group's Dani Fava, Jason Pereira of Woodgate Financial, and Sally George of Convergency Partners led the raise as the growth-tech startup builds out its AI platform and leadership bench.

Wells Fargo adds three advisor practices as recruiting rebound continues
Wells Fargo adds three advisor practices as recruiting rebound continues

New teams from William Blair, Ameriprise and UBS bring more than $560 million in combined client assets to the firm's employee and independent channels.

UBS will pay advisors 'handsomely' for banking starting next year
UBS will pay advisors 'handsomely' for banking starting next year

Regulators this year approved UBS Bank USA’s conversion to a nationally chartered bank.

SEC accuses Tricolor executives of hiding $800 million collateral hole
SEC accuses Tricolor executives of hiding $800 million collateral hole

How a subprime lender’s car-loan bonds allegedly unraveled before bankruptcy.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income