Industry News

Displaying 35424 results
NEWS INDUSTRY NEWS JUN 23, 2010
James Grant: Making a case for gold

The erudite editor of Grant's Interest Rate Investor debunks Treasuries as risk-free investments, and makes a case for gold and cash.

By Mark Bruno
NEWS RIAS JUN 23, 2010
What do you get for $75M? A 'poster child of overindulgence'

Listed as a "monument to unparalleled success," the largest home for sale in the United States comes with plenty of space but no carpet, tiles or interior walls. It's up to the future buyer to finish it.

By Mark Bruno
JPMorgan shuffles execs, sets stage for Dimon's successor
NEWS INDUSTRY NEWS JUN 23, 2010
JPMorgan shuffles execs, sets stage for Dimon's successor

JPMorgan Chase CEO Jamie Dimon named longtime associate Heidi Miller to the new post of president of J.P. Morgan International as part of a management shuffle to groom an eventual successor.

By Bloomberg
NEWS RETIREMENT PLANNING JUN 23, 2010
Wealthy U.S. investors less optimistic than foreign peers: study

High-net-worth investors in the U.S. are more pessimistic about the economic recovery than wealthy individuals in many other nations, according to survey released today by Barclays Wealth.

By Hilary Johnson
NEWS INDUSTRY NEWS JUN 22, 2010
Dr. Bob: Key themes for 2011

Of all of the 52 weekly market commentaries I do each year, this one's always the most exciting for me. I've been doing these top 10 investment themes off and on for the past 18 years, and this marks my second top 10 commentary with The Hartford.

By Dr. Bob Froehlich
NEWS REGULATION AND LEGISLATION JUN 22, 2010
Finra to collect $4.3M from CDS brokers

Credit-default swaps broker Phoenix Partners Group and brokers who worked at four other firms including Tullett Liberty Inc. and Creditex Group Inc. will pay $4.3 million to settle claims that they attempted to fix fees.

By Bloomberg
NEWS RETIREMENT PLANNING JUN 22, 2010
Three 'must-have' conversations with middle-aged clients

By Mark Bruno
NEWS LIFE INSURANCE AND ANNUITIES JUN 22, 2010
B-Ds may cut ties with insurers over annuity rules

By Darla Mercado
Gold bubble about to burst, says Oppenheimer's Belski
NEWS INDUSTRY NEWS JUN 22, 2010
Gold bubble about to burst, says Oppenheimer's Belski

Almost forty years after the U.S. officially abandoned the gold standard and its $35-an-ounce peg, the price of spot gold on Friday reached $1258 an ounce, another record, on Friday.

By Hilary Johnson
NEWS REGULATION AND LEGISLATION JUN 22, 2010
Why are small broker-dealers disappearing?

The uncertain economy is compounding a long-term problem in the brokerage business: its shrinkage.

By Bloomberg
NEWS WIREHOUSES JUN 22, 2010
Advisers on the Move: $1M Merrill team bolts to Morgan Stanley Smith Barney

James Flynn, Rance Hillier and Merritt Zahner will work out of the Madison, Conn. offices of Morgan Stanley Smith Barney

By Mark Bruno
NEWS LIFE INSURANCE AND ANNUITIES JUN 22, 2010
Insurers cuffed by new annuity suitability rules

Many representatives and agents say the new requirements add to the already complex layers of review required by Finra.

By Bloomberg
NEWS REGULATION AND LEGISLATION JUN 21, 2010
SEC accuses adviser, brokerage of fraud

Federal regulators on Monday filed civil fraud charges against an investment adviser and his firm in connection with complex securities tied to mortgages during the housing market bust.

By Bloomberg
NEWS RETIREMENT PLANNING JUN 21, 2010
The middle years: Long-term care

There's no single solution for dealing with such a diverse age group. But in this clip from Digital Adviser2Adviser, we look at three key points to discuss with clients -- including long-term care.

By John Goff
NEWS LIFE INSURANCE AND ANNUITIES JUN 21, 2010
No more regs needed for STATs: B-D exec

Stranger-originated annuity transactions have plenty of layers of oversight already, says ValMark Securities' Caleb Callahan

By John Goff
NEWS INDUSTRY NEWS JUN 21, 2010
Great bet now? Short IPOs, says Direxion's Schuster

The fund's strategy is designed to be less correlated to the overall equity markets by concentrating on three stages of an IPO.

By Bloomberg
NEWS RIAS JUN 20, 2010
TIAA-CREF's ex-wealth management boss heading for the exit

Maliz Beams, one of the highest- ranking women at TIAA-CREF, is leaving as part of a management reshuffling at the firm, which oversees $426 billion in retirement assets.

By Bloomberg
NEWS INDUSTRY NEWS JUN 20, 2010
Time to rethink our national housing policy

Although lax home-lending standards weren't the sole reason for the credit collapse and economic downturn, they contributed mightily to our economic headaches.

By MFXFeeder
NEWS LIFE INSURANCE AND ANNUITIES JUN 20, 2010
Allianz CEO wants bigger piece of indexed-life market

By Darla Mercado
NEWS PRACTICE MANAGEMENT JUN 20, 2010
The benefits of a 'naked' approach to clients

Many years ago, I developed an approach to consulting — one that we have used in my firm for the past dozen years. It is called naked consulting, and yes, it is as much fun as it sounds.

By Patrick Lencioni