Industry News

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NEWS RIAS MAY 08, 2011
Pre-retirees a great niche – but advisers aren't scratching

By and large, investment advisers continue to ignore workers who are nearing retirement. This, say some, is a sizeable oversight.

By Lavonne Kuykendall
NEWS INDUSTRY NEWS MAY 08, 2011
Active management the new buy-and-hold?

With two huge bear markets in recent memory — and buy-and-hold tactics open to question — the popularity of active strategies has never been greater

By Dan Jamieson
Commodities routed, raising fears of 'severe' correction
NEWS INDUSTRY NEWS MAY 06, 2011
Commodities routed, raising fears of 'severe' correction

The Goldman Sachs raw materials index today fell the most in two years. Jim Rogers says the drop is "normal." Others are slightly more worried. Said one investment manager: "This could be one of the most severe corrections that we've seen over the last year."

By John Goff
NEWS INDUSTRY NEWS MAY 05, 2011
Gold plunges in 'pure panic selling'

The price of gold headed for its biggest one day loss in 18 months. This follow a big selloff on Tuesday. The question: Is the bull market for bullion finally coming to an end?

By Bloomberg
NEWS ALTERNATIVES MAY 05, 2011
Will arbitration loss cap CapWest?

Struggling B-D ordered to pay $578K over private-placement sale; brokerage down to $80K in net capital

By Bruce Kelly
Gilt-edged opportunity: Gold in 'can't lose situation'
NEWS INDUSTRY NEWS MAY 05, 2011
Gilt-edged opportunity: Gold in 'can't lose situation'

Regardless of deficit outcome, U.S. dollar likely to drop; gold futures now at $1,625 an ounce

By John Goff
Allianz holds out carrot for top distributors
NEWS LIFE INSURANCE AND ANNUITIES MAY 05, 2011
Allianz holds out carrot for top distributors

Offers exclusive program for high-producing FMOs — if they agree to tougher compliance standards

By Darla Mercado
NEWS INDUSTRY NEWS MAY 05, 2011
Mark Mobius: Another financial crisis 'around the corner'

Templeton's Mark Mobius isn't shy about sharing his opinions. Case in point: the emerging market guru says he sees another U.S. market disaster 'around the corner.' If he's right, staying on the sideline right now might be the best investment play.

By John Goff
Wells Fargo looking to sell H.D. Vest: Sources
NEWS INDUSTRY NEWS MAY 05, 2011
Wells Fargo looking to sell H.D. Vest: Sources

Said to be seeking buyer for brokerage and tax-advice firm; part of revamp of wealth management unit?

By Bloomberg
Cash the hot new commodity
NEWS INDUSTRY NEWS MAY 05, 2011
Cash the hot new commodity

Survey reveals investors planning to up holdings of greenbacks, reduce exposure to raw materials

By John Goff
Finra wants B-Ds to share info on revenue sharing
NEWS MUTUAL FUNDS MAY 05, 2011
Finra wants B-Ds to share info on revenue sharing

Proposal would require broker-dealers to publicly disclose information about shelf space payments from mutual funds

By Bloomberg
$100B commodities wipeout presents golden opportunity
NEWS INDUSTRY NEWS MAY 05, 2011
$100B commodities wipeout presents golden opportunity

Recent rout makes pricing more attractive; bears, bulls bicker over 'turning point'

By John Goff
NEWS INDUSTRY NEWS MAY 05, 2011
The price of tea in China — and what it means for your clients

Big trouble in the big country could whack portfolios closer to home

By John Goff
Home values plummet in last year — and worst not over
NEWS RETIREMENT PLANNING MAY 05, 2011
Home values plummet in last year — and worst not over

Despite a rebounding economy, the humber of 'underwater' mortgages in the U.S. now stands at a whopping 28%. And real estate analysts say there's more where that came from.

By John Goff
How high will gold go? Deutsche Bank offers astonishing prediction
NEWS INDUSTRY NEWS MAY 05, 2011
How high will gold go? Deutsche Bank offers astonishing prediction

Despite the recent sell-off in commodities, a Deutsche Bank analyst sees gold rising to an astonishing price over the next eight months. Advice: don't sell your fillings yet.

By John Goff
Ultra silver fund now ultra light after commodities selloff
NEWS INDUSTRY NEWS MAY 05, 2011
Ultra silver fund now ultra light after commodities selloff

Leveraged ETFs that invest in precious metals -- particularly silver -- have been all the rage the past few months. After yesterday's commodities panic, a different kind of rage may soon set in.

By John Goff
Some advisers warned clients about chasing commodities
NEWS PRACTICE MANAGEMENT MAY 05, 2011
Some advisers warned clients about chasing commodities

Some advisers warned their clients about chasing commodities. But even with Thursday's meltdown -- and the mercurial nature of precious metal prices -- some are telling their clients to stay the course.

By Dan Jamieson
Agro giants horn in on money management biz
NEWS INDUSTRY NEWS MAY 05, 2011
Agro giants horn in on money management biz

ADM, Cargil and others setting up commodities investment funds; know the business from the ground up

By John Goff
NEWS INDUSTRY NEWS MAY 05, 2011
'Chicken step' hybrid funds see record inflows

More money than ever is flowing to mutual funds that buy both stocks and bonds, a sign that individuals are starting to return to equities during the most volatile bull market since 1942

By Bloomberg
'Chicken step' hybrid funds see record inflows
NEWS INDUSTRY NEWS MAY 05, 2011
'Chicken step' hybrid funds see record inflows

Investors gingerly returning to equity markets, but still keen on capital preservation

By John Goff