Industry News

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NEWS INDUSTRY NEWS FEB 18, 2008
TD Ameritrade boasts of winning stats on trade execution

Despite its many setbacks in 2007, TD Ameritrade Institutional has one measurable edge over bigger rivals — better trade execution, according to its executives.

By Bloomberg
NEWS INDUSTRY NEWS FEB 18, 2008
Earnings forecasts suffer amid economic upheaval

As if corporations needed another reason to stop offering quarterly earnings guidance, apparently more and more companies are struggling to make these forecasts even remotely accurate.

By Bloomberg
NEWS INDUSTRY NEWS FEB 18, 2008
529 industry takes the next big step

The Section 529 college savings plan industry is reaching out to its counterparts at financial aid and student loans groups to hold a first-of-its-kind summit in Washington in late May or early June, InvestmentNews has learned.

By Bloomberg
NEWS INDUSTRY NEWS FEB 18, 2008
Bad times for stocks could last many years

Is a secular bear market upon us?

By Bloomberg
NEWS INDUSTRY NEWS FEB 18, 2008
Stock market vexes traders, money managers

If ever there were a time to flex those stock-picking muscles, this is it.

By Bloomberg
NEWS BROKER DEALERS FEB 18, 2008
RIAs poised to capture retiring boomers' assets

Registered investment advisers seem to be winning the race to capture the retiring-baby-boomer market, according to Charles "Chip" Roame, managing principal of Tiburon (Calif.) Strategic Advisors LLC, who spoke at the TD Ameritrade Partnership 2008 Conference in Orlando, Fla. this month.

By Bloomberg
NEWS LIFE INSURANCE AND ANNUITIES FEB 18, 2008
Plains state aims for plain English

Iowa will be the first state to join an initiative to provide customers with plain-English disclosure on fixed and indexed annuities.

By Bloomberg
NEWS INDUSTRY NEWS FEB 18, 2008
529 industry plagued by low awareness

A new survey on consumer attitudes toward college savings has stoked the ongoing controversy about the need for a national marketing plan to promote Section 529 college savings plans.

By Bloomberg
NEWS BROKER DEALERS FEB 18, 2008
IMCA attracting more independent planners, advisers

The Investment Management Consultants Association has been attracting more independent planners and advisers.

By Bloomberg
NEWS FINTECH FEB 18, 2008
LPL's CIO says tools are sound

LPL Financial will increase its spending on monitoring tools and in other areas to make sure it does not experience a repeat of last year's technology glitches, according to its new chief information officer.

By Bloomberg
NEWS INDUSTRY NEWS FEB 15, 2008
A first: college aid groups to meet

College Savings Foundation sets Washington summit meeting with student aid and loan groups.

By Bloomberg
NEWS FIXED INCOME FEB 15, 2008
Bank of Japan will hold rates steady

Despite economic concerns, the central bank keeps interest rates unchanged.

By Bloomberg
NEWS INDUSTRY NEWS FEB 15, 2008
Trade deficit number improves slightly

Balance of trade deficit dips to $58.2 billion in December, according to report from the Commerce Department.

By Bloomberg
NEWS INDUSTRY NEWS FEB 15, 2008
Consumers worry about recession

Consumer sentiment level falls to 16-year low.

By Bloomberg
NEWS INDUSTRY NEWS FEB 15, 2008
Odds of recession 50% or 'slightly more'

Housing, credit woes have caused economic turmoil, said former Fed chief.

By Bloomberg
NEWS INDUSTRY NEWS FEB 15, 2008
Economic growth number is anemic

Several sectors of the economy experience minimal growth.

By Bloomberg
NEWS LIFE INSURANCE AND ANNUITIES FEB 15, 2008
Congress mulls insurance regulator

Officials have testified that the time is right for a federal insurance regulator.

By Bloomberg
NEWS INDUSTRY NEWS FEB 14, 2008
RBC Dain to acquire Ferris Baker

RBC Dain Rauscher will acquire Ferris Baker Watts Inc., a broker-dealer in Washington.

By Bloomberg
NEWS INDUSTRY NEWS FEB 14, 2008
UBS posts loss; Sun Life’s earnings increase

UBS reports a record $11.3 billion fourth quarter loss.

By Bloomberg
NEWS INDUSTRY NEWS FEB 14, 2008
Euro GDP growth is slowing down

The rate of growth in European economies slipped in the fourth quarter, according to the European Union Statistics Office of Luxembourg.

By Bloomberg