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NEWS PRACTICE MANAGEMENT AUG 24, 2017
Understanding — and overcoming — your clients' behavioral biases

By Gillian Albert
NEWS INDUSTRY NEWS AUG 23, 2017
Bear funds prosper, but how do you use them?

By John Waggoner
NEWS RETIREMENT PLANNING AUG 23, 2017
Why most of your richest clients are also the oldest

One explanation is that they're staying much healthier than other Americans.

By Bloomberg
NEWS RIAS AUG 23, 2017
Merrill Lynch loses $150-million father-son team to Raymond James

John R. Edgecomb Sr. spent 37 years at Merrill, where his son joined him in 2007.

By InvestmentNews
NEWS OPINION AUG 23, 2017
How to (and not to) work effectively with teachers as 403(b) clients

Low plan participation, the need for good advice and strong job security among teachers present a big opportunity for advisers.

By Anthony Isola
NEWS RETIREMENT PLANNING AUG 23, 2017
Despite misleading ads, annuities can be critical for lifetime income planning

Advisers need to provide investors with clear, useful information on annuities in order to dispel inaccurate perceptions.

By Greg Cicotte
NEWS LIFE INSURANCE AND ANNUITIES AUG 23, 2017
Thrivent Financial quietly expands beyond Christians

From its origins with Lutherans, the world's largest fraternal organization now aims to serve 'middle America.'

By Jeff Benjamin
Odds are, the $700M Powerball winner will need lots of advice
NEWS INDUSTRY NEWS AUG 23, 2017
Odds are, the $700M Powerball winner will need lots of advice

A good financial adviser — or, better yet, a team of them — would provide a sense of perspective and calm that would hopefully prevent this winner from following in the footsteps of so many past winners who wound up broke in just a few years.

By Jeff Benjamin
NEWS RETIREMENT PLANNING AUG 23, 2017
Expense ratios for defined-contribution plans stall out at a new low

By Bloomberg
NEWS REGULATION AND LEGISLATION AUG 22, 2017
Cetera broker-dealers to pay back $3.3 million to clients overcharged for mutual funds

Over an eight-year period, the B-Ds failed to properly supervise sales charge waivers to clients in retirement plans and charitable organizations.

By Bruce Kelly
NEWS RIAS AUG 22, 2017
CAPTRUST acquires $19B RIA in its sixth deal this year

With $243 billion in assets, CAPTRUST continues to grow on its own terms.

By Jeff Benjamin
NEWS OPINION AUG 22, 2017
Harnessing behavioral economics to reinvent employee education

Teaching 401(k) plan participants good decision-making does work, but only with a radically new approach.

By Warren Cormier
NEWS LIFE INSURANCE AND ANNUITIES AUG 22, 2017
Allstate sues Ameriprise for allegedly stealing client information

According to the lawsuit, agents being recruited away have been encouraged to create contact lists and download data on flash drives to later solicit clients.

By Bruce Kelly
NEWS RIAS AUG 22, 2017
Los Angeles RIA charged with defrauding athlete and wife

Adviser allegedly hid the true amount of fees he was charging them, leading the couple to pay $1.2 million more than they thought they were being charged.

By InvestmentNews
Active ETFs are ripe for transparent, low-cost strategies
NEWS EQUITIES AUG 22, 2017
Active ETFs are ripe for transparent, low-cost strategies

They combine the benefits of active management with liquidity, transparency and cost efficiency.

By Vinay Nadkarni
NEWS REGULATION AND LEGISLATION AUG 22, 2017
Big win for LPL in class action over 2016 stock price drop

Judge dismisses lawsuit, citing lack of specific details to support allegations.

By Bruce Kelly
Tibble v. Edison 401(k) fee-case decision offers 3 lessons
NEWS RETIREMENT PLANNING AUG 22, 2017
Tibble v. Edison 401(k) fee-case decision offers 3 lessons

The landmark ruling in Tibble v. Edison offers lessons and insights into the duties of 401(k) plan fiduciaries. Read on to find out more

By Ramon Berenguer
NEWS INDUSTRY NEWS AUG 22, 2017
Investment managers have found a new way to give back

Firms pledge more charitable support as assets increase in their ETFs.

By Liz Skinner
NEWS RETIREMENT PLANNING AUG 21, 2017
Social Security underpaid some survivor benefits

New report says staff errors resulted in lower payments to widows and widowers.

By Mary Beth Franklin
NEWS INDUSTRY NEWS AUG 21, 2017
Awareness of senior financial fraud rises with incidence

Survey of state securities regulators says most cases are undetected until too late.

By InvestmentNews