Industry News

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NEWS EQUITIES FEB 08, 2016
Wall Street strategists cutting bait on their 2016 market predictions

<i>Breakfast with Benjamin</i> The year is only 39 days old, but top Wall Street strategists have already lost faith in their bullish estimates for the S&amp;P 500.

By Jeff Benjamin
Reach out to clients during volatility or others will
NEWS RIAS FEB 08, 2016
Reach out to clients during volatility or others will

Advisers are focusing their energies on managing investment expectations and trying to stifle panic during market gyrations.

By Liz Skinner
Bond markets underestimating the Fed, Goldman and Pimco warn
NEWS FIXED INCOME FEB 08, 2016
Bond markets underestimating the Fed, Goldman and Pimco warn

The firms say bonds are poised to fall and traders aren't prepared for how far the Federal Reserve will raise interest rates.

By Bloomberg
New bill would provide universal retirement coverage for U.S. workers
NEWS RETIREMENT PLANNING FEB 08, 2016
New bill would provide universal retirement coverage for U.S. workers

Legislation sponsored by Senator Jeff Merkley (D-Oregon) would establish a universal savings account for all working Americans regardless of the size of their employers.

By Greg Iacurci
Are your clients using the wrong account to save for retirement?
NEWS RETIREMENT PLANNING FEB 08, 2016
Are your clients using the wrong account to save for retirement?

Provocative article suggests health savings accounts may top 401(k) plans as wealth accumulation vehicle.

By Mary Beth Franklin
NEWS RIAS FEB 08, 2016
Lessons in leadership for advisers from 'Game of Thrones'

The industry's proverbial war will be won by advisers who understand the power of technology.

By Joe Duran
Global stocks extend drop with oil
NEWS INDUSTRY NEWS FEB 07, 2016
Global stocks extend drop with oil

Dow average sinks more than 200 points as banks slide

By Bloomberg
Owner of Westminster's winning dog to see big return on investment
NEWS RETIREMENT PLANNING FEB 07, 2016
Owner of Westminster's winning dog to see big return on investment

Puppies of the three-year-old male will bring in thousands of dollars each, and endorsements could bring in even more. But getting the poised sporting dog to the winning circle wasn't cheap.

By Liz Skinner
NEWS FIXED INCOME FEB 07, 2016
High-yield bonds lose their appeal amid ratings downgrades

By John Waggoner
NEWS RIAS FEB 07, 2016
SEC takes steps to avoid Madoff sequel

The regulator must find a way to increase the productivity of its examiners

By MFXFeeder
NEWS RETIREMENT PLANNING FEB 07, 2016
Advisers, new pensions have holes to fill

Clients need to be sold on the idea of saving for retirement, and needing advice on retirement investments

By MFXFeeder
Stocks retreat on deepening anxiety over global economy
NEWS INDUSTRY NEWS FEB 05, 2016
Stocks retreat on deepening anxiety over global economy

Signs of distress in financial markets are gathering force as concern over the state of the global economy deepens.

By Bloomberg
NEWS RETIREMENT PLANNING FEB 05, 2016
Ask the Adviser: Why should I insure my home for more than I can sell it for?

Homeowners often get the amount for which they should have their home insured wrong.

By Kevin Lynch
RBC partners with BlackRock's FutureAdvisor for robo-adviser pilot program
NEWS FINTECH FEB 05, 2016
RBC partners with BlackRock's FutureAdvisor for robo-adviser pilot program

Half a dozen markets will test the new platform before potential approval nationwide.

By Alessandra Malito
Investing in a rising-rate environment
NEWS INDUSTRY NEWS FEB 05, 2016
Investing in a rising-rate environment

Energy, utilities, REIT and health care sectors are likely to outperform as Fed starts to tighten.

By Scott Minerd
What advisers need to know about popular long-term-care products
NEWS RETIREMENT PLANNING FEB 05, 2016
What advisers need to know about popular long-term-care products

Deciding between traditional and combination products can be difficult, but better understanding plan features can help.

By Greg Iacurci
Finra fines six IBDs for failing to give discounts on large REIT sales
NEWS BROKER DEALERS FEB 05, 2016
Finra fines six IBDs for failing to give discounts on large REIT sales

Fines, levied in July and August, top $500,000; Voya Financial takes biggest hit

By Bruce Kelly
How to manage tax-efficient drawdowns in retirement
NEWS RETIREMENT PLANNING FEB 04, 2016
How to manage tax-efficient drawdowns in retirement

For many retirees, the conventional way of thinking may not be the most tax-efficient.

By Greg Iacurci
The biggest drawbacks of the retail robo-advisers
NEWS FINTECH FEB 04, 2016
The biggest drawbacks of the retail robo-advisers

For those looking for more than just account-level &#8220;multiple choice&#8221; investing, there's no substitute for an adviser.

By Sheryl Rowling
Pershing names Hardwick COO as Dolly steps into CEO role
NEWS RIAS FEB 04, 2016
Pershing names Hardwick COO as Dolly steps into CEO role

Lori Hardwick is joining from Envestnet and will start at the end of the month.

By Christine Idzelis