Industry News

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NEWS ALTERNATIVES JUN 06, 2017
Commodity funds a tough sell, while managed futures hold out some hope

Commodity funds have lost an average 8.7% a year over the past five years.

By John Waggoner
NEWS RETIREMENT PLANNING JUN 06, 2017
How much you need to earn to comfortably afford both college and life

Tuition versus cost of living in the U.S., state by scary state.

By Bloomberg
NEWS REGULATION AND LEGISLATION JUN 06, 2017
Ameriprise slashes number of funds available to advisers ahead of DOL fiduciary rule

The firm is cutting more than 1,500 funds that no longer meet its due diligence standards.

By Bruce Kelly
NEWS RETIREMENT PLANNING JUN 05, 2017
Social Security cost-of-living adjustment predicted for 2018

But a significantly higher increase would not make up for the negative impact rising inflation has had on seniors' buying power.

By Mary Beth Franklin
NEWS RETIREMENT PLANNING JUN 05, 2017
Are we calculating investor underperformance in the right way?

One retirement study needs to make its results more meaningful in terms of actually identifying voluntary poor behavior.

By Wade D. Pfau
NEWS INDUSTRY NEWS JUN 05, 2017
Investors do better with low-cost funds: Morningstar

Low-cost funds and automatic investing programs can help narrow gap between fund performance and investors' returns.

By InvestmentNews
NEWS RIAS JUN 03, 2017
RIA firms ride consolidation wave

Fueled in part by succession planning among older advisers, the registered investment advisory space saw a record 44 mergers and acquisitions during the first quarter of 2017.

By Jeff Benjamin
NEWS REGULATION AND LEGISLATION JUN 03, 2017
DOL fiduciary rule should be improved, not scrapped

Biggest concern is threat of excessive litigation due to best-interest contract exemption.

By crain-api
RIA Rundown: By the Numbers
NEWS RIAS JUN 03, 2017
RIA Rundown: By the Numbers

<i>InvestmentNews'</i>exclusive rankings of the top fee-only registered investment advisory firms

By Ellie Zhu
NEWS WIREHOUSES JUN 02, 2017
Morgan Stanley overhauls senior leadership in its wealth management unit

The firm has created a new role, head of the field, and eliminated division-level leadership positions

By Bruce Kelly
NEWS WIREHOUSES JUN 02, 2017
UBS latest to shift broker compensation ahead of DOL fiduciary rule

Brokers will be paid a flat rate based on clients' retirement assets, not transactions.

By Bruce Kelly
NEWS REGULATION AND LEGISLATION JUN 02, 2017
SEC reasserts itself on investment-advice standards, but it's not clear whether it will overtake DOL fiduciary rule

New SEC Chairman Jay Clayton makes request for comment on fiduciary duty one of his first actions, as DOL reasseses its measure.

By Mark Schoeff Jr.
NEWS PRACTICE MANAGEMENT JUN 01, 2017
Are brokers really ready to be fiduciaries?

The securities industry faces plenty of legal risks and compliance pitfalls following June 9, the official start date for the DOL fiduciary rule. <b>Plus,<a href=&quot;http://www.investmentnews.com/gallery/20170523/FREE/523009998/PH/dol-fiduciary-rule-what-you-need-to-know-about-acostas-decision&quot; style=&quot;color:#b10816&quot; target=&quot;_blank&quot;> what you need to know from the DOL's latest FAQs</a>.</b>

By Bruce Kelly
NEWS RETIREMENT PLANNING JUN 01, 2017
US homes are finally getting smaller

Any trend toward smaller homes would be welcome news in many U.S. housing markets.

By Bloomberg
NEWS RETIREMENT PLANNING JUN 01, 2017
Thoughtful graduation gifts that pay for themselves

Experts in the financial industry, unsurprisingly, have a lot of suggestions for smart financial gifts.

By Bloomberg
NEWS RETIREMENT PLANNING JUN 01, 2017
Why the US is addicted to using Social Security numbers

&quot;Don't blindly provide it because you're asked for it,&quot; says one expert.

By Bloomberg
NEWS PRACTICE MANAGEMENT JUN 01, 2017
LPL tweaks pricing of investment products in preparation for DOL fiduciary rule

Changes include level compensation on fixed annuities and unit investment trusts.

By Bruce Kelly
NEWS RETIREMENT PLANNING JUN 01, 2017
401(k) record keepers making big bets on managed accounts

Fidelity and Empower announced first-of-their-kind services in recent months, hoping to capitalize on demand for greater personalization and generate new sources of revenue.

By Greg Iacurci
NEWS REGULATION AND LEGISLATION JUN 01, 2017
As fiduciary debate slogs on, both sides will be dragged through the mud

If investors are frustrated now, just wait until the Trump DOL comes out with an overhaul of the rule later this year.

By Mark Schoeff Jr.
NEWS REGULATION AND LEGISLATION JUN 01, 2017
SEC solicits comment on conduct standards for advisers and brokers

Commission seeks public comment on investment-advice standards; move suggests more coordination with Labor Department on fiduciary rule.

By Mark Schoeff Jr.