Industry News

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NEWS LIFE INSURANCE AND ANNUITIES JAN 04, 2012
Lifetime-income options pose benchmarking puzzle

As insurers find new ways to provide workers with a steady stream of income through their retirement plans, financial advisers are grappling with how best to benchmark these products against one another

By Darla Mercado
Social Security beneficiaries to receive 3.6% increase
NEWS RIAS JAN 04, 2012
Social Security beneficiaries to receive 3.6% increase

Fifty-five million Social Security beneficiaries can look forward to a 3.6% cost-of-living adjustment in 2012.

By Bloomberg
NEWS BROKER DEALERS JAN 04, 2012
Sterne Agee seen continuing push in indie B-D market

The independent-contractor-brokerage industry continues to see consolidation.

By Bruce Kelly
NEWS BROKER DEALERS JAN 04, 2012
Legent Clearing about to be bought?

Rumors are swirling that Legent Clearing LLC is about to be bought by private-equity investors — just months after a previous attempt to buy the firm failed.

By Jessica Toonkel
MetLife's bank divestment a mixed blessing for ratings: Analysts
NEWS LIFE INSURANCE AND ANNUITIES JAN 03, 2012
MetLife's bank divestment a mixed blessing for ratings: Analysts

Moody's: Bank sale eliminates Fed oversight but gives Met competitive chops

By Bloomberg
NEWS PRACTICE MANAGEMENT JAN 03, 2012
A holiday poem — from a headhunter?

Twas the week after Christmas, with most of Wall Street away – Except perhaps Regions bank – Who is buying Morgan Keegan today?

By Danny Sarch
MF Global clients get back 72 cents on the dollar
NEWS INDUSTRY NEWS JAN 03, 2012
MF Global clients get back 72 cents on the dollar

Judge OKs final distribution to customers; dispute over five gold bars

By John Goff
Warren Buffett's successor? His son (kind of)
NEWS INDUSTRY NEWS JAN 03, 2012
Warren Buffett's successor? His son (kind of)

In an upcoming segment on CBS' "60 Minutes", Berkshire Hathaway chairman Warren Buffett noted that he would like his son Howard -- a farmer -- to take over the company after he dies.

By Mark Bruno
NEWS RIAS JAN 02, 2012
The 2012 outlook

Last year's stock market volatility has taken its toll: Financial advisers are a lot more skittish about equities now than they were at the start of 2011.

By Mark Bruno
NEWS ALTERNATIVES JAN 01, 2012
Special report: The 2012 outlook

Last year's stock market volatility has taken its toll: Financial advisers are a lot more skittish about equities now than they were at the start of 2011.

By Mark Bruno
NEWS RIAS JAN 01, 2012
SEC alleges firm inflated AUM to attract clients

By Liz Skinner
NEWS LIFE INSURANCE AND ANNUITIES JAN 01, 2012
No financial resolve

By Liz Skinner
NEWS RIAS JAN 01, 2012
Resolve to be a better adviser

By John Goff
NEWS RIAS JAN 01, 2012
Resolve to be a better adviser

While most of us are already well on our way to breaking our New Year's resolutions to lose weight, exercise more or declutter our desks, here are some ideas for resolutions that financial advisers might want to consider — and stick to — for 2012.

By John Goff
NEWS INDUSTRY NEWS JAN 01, 2012
Savers pulled money from 529 plans in 3Q

For the first time in three years, more money flowed out of Section 529 college savings plans than into them, according to new quarterly data from Financial Research Corp.

By Liz Skinner
NEWS BROKER DEALERS JAN 01, 2012
Indie stars dim on small B-D future

This year has meant big changes for some superstar financial advisers, with the latest, Ric Edelman, expressing his deep displeasure with the economics of the independent-brokerage business

By Bruce Kelly
NEWS RIAS JAN 01, 2012
Ron Carson announces adviser hire for new RIA

Well-known veteran investment adviser Rob Isbitts will oversee investments for Ron Carson's new RIA.

By Bruce Kelly
NEWS BROKER DEALERS JAN 01, 2012
Advisor Group's Larry Roth: Communicating a common vision

Larry Roth is chief executive of Advisor Group, the independent-broker-dealer subsidiary of American International Group Inc. In that role, he oversees more than 600 employees who serve 4,800 financial advisers affiliated with FSC Securities Corp., Royal Alliance Associates Inc. and SagePoint Financial Inc.

By Frederick P. Gabriel Jr.
Munis still a 'danger zone,' warns Whitney
NEWS RETIREMENT PLANNING DEC 30, 2011
Munis still a 'danger zone,' warns Whitney

State and local governments not nearly out of the woods, analyst says

By John Goff
NEWS BROKER DEALERS DEC 30, 2011
Capital Analysts bought by Lincoln Investment Planning

Western & Southern Financial Group yesterday said it had sold the assets of its independent broker-dealer, Capital Analysts Inc., to Lincoln Investment Planning Inc.

By Bloomberg