Industry News

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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

"Don't blindly provide it because you're asked for it," 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.
NEWS PRACTICE MANAGEMENT JUN 01, 2017
Is Now the Right Time for Practice Acquisition?

By Gillian Albert
NEWS FINTECH MAY 31, 2017
Morgan Stanley to arm its financial advisers with algorithms to take over routine tasks

The firm will pilot the program with 500 advisers in July and expects to roll it out to all of them by year-end.

By Bloomberg
NEWS REGULATION AND LEGISLATION MAY 31, 2017
Advisers question Chamber report about harm from DOL rule

By Mark Schoeff Jr.
NEWS RIAS MAY 31, 2017
RMB Capital acquires VennWell

Deal adds $250 million in assets under management

By InvestmentNews
NEWS INDUSTRY NEWS MAY 31, 2017
Former Sterne Agee exec pleads guilty to pension fund bribery scheme

The New York state pension fund put the brokerage on its approved list after Kelley's lavish gifts.

By Bloomberg
NEWS RETIREMENT PLANNING MAY 30, 2017
Wells Fargo, in 'atypical' outcome, wins 401(k) lawsuit

The win could provide fodder in other legal defenses, and supports the contention that comparing fund costs to Vanguard doesn't always provide an accurate barometer.

By Greg Iacurci
As Merrill Lynch and Morgan Stanley cut back, what's next for recruiting deals?
NEWS PRACTICE MANAGEMENT MAY 30, 2017
As Merrill Lynch and Morgan Stanley cut back, what's next for recruiting deals?

If you are a wirehouse adviser who has counted a giant recruiting package as part of your net worth, you need to recalculate.

By DSARCH
NEWS INDUSTRY NEWS MAY 30, 2017
Merrill Lynch loses $110 million duo to Raymond James

Veteran female team joins employee unit in Orlando, Fla.

By InvestmentNews
NEWS FINTECH MAY 30, 2017
What financial advisers need to consider before a website redesign

Your website must differentiate you from your competitors. What makes you special?

By David Langton
NEWS RETIREMENT PLANNING MAY 30, 2017
Retirement fees could rise 200% post-DOL, Chamber of Commerce warns

Report predicts 7 million holders of retirement accounts could lose investment advice.

By InvestmentNews
NEWS INDUSTRY NEWS MAY 30, 2017
Complex strategies lead to lower returns: study

By John Waggoner
NEWS RIAS MAY 30, 2017
SEC fines RIA $230,000 over conflicts

Agency says firm and its CEO failed to disclose fees.

By InvestmentNews
NEWS INDUSTRY NEWS MAY 30, 2017
Wells Fargo loses $160 million broker to Voya

Employee broker goes indie as Sanders Wealth Management in Greenville, S.C.

By InvestmentNews