Industry News

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NEWS REGULATION AND LEGISLATION JAN 29, 2016
DOL fiduciary rule arrives at OMB

A Labor Department rule that would raise investment advice standards for retirement accounts took its last step toward finalization Thursday night.

By Mark Schoeff Jr.
Jeremy Siegel sees a more dovish Fed, discounts market bubbles
NEWS FIXED INCOME JAN 29, 2016
Jeremy Siegel sees a more dovish Fed, discounts market bubbles

Wharton professor forecasts September rate hike from Fed.

By Jeff Benjamin
NEWS EQUITIES JAN 29, 2016
Vanguard's John Bogle injects a sense of calm into the markets

<i>Breakfast with Benjamin</i> Vanguard's Jack Bogle tells investors to stay the course, but that doesn't mean the market is done falling.

By Jeff Benjamin
Adviser's Consultant: How to build a social media strategy that begets business
NEWS FINTECH JAN 29, 2016
Adviser's Consultant: How to build a social media strategy that begets business

David Edwards of Heron Financial Group says advisers shouldn't be afraid to experiment on the web.

By Liz Skinner
NEWS FINTECH JAN 29, 2016
Consider yourself warned on message archiving

Firms may have to spend more money and more management time upgrading their archiving systems

By Andrew Leigh
NEWS RETIREMENT PLANNING JAN 28, 2016
Assets of largest retirement funds tumble 2.3% for year

Meanwhile, asset movement among defined contribution plans was flat.

By James Comtois
NEWS EQUITIES JAN 28, 2016
U.S. stocks climb on oil rally as dollar plunges most in 7 years

The dollar sank the most in seven years against major currencies as the Dow jumped more than 180 points, recouping some of Tuesday's slump.

By Bloomberg
Prudential's Robert Tipp supports hiking Fed rate to 1% by year-end
NEWS FIXED INCOME JAN 28, 2016
Prudential's Robert Tipp supports hiking Fed rate to 1% by year-end

Gives the Fed credit for delicately 'threading the needle'

By Jeff Benjamin
NEWS RIAS JAN 28, 2016
Adviser accused of fraud boycotts SEC's in-house administrative trial

Dawn Bennett skips the start of her trial on grounds that it's unfair for SEC to use in-house administrative law judges.

By Bloomberg
NEWS EQUITIES JAN 28, 2016
Charles Schwab's Liz Ann Sonders sticks to her bullish tone

<i>Breakfast with Benjamin</i> Liz Ann Sonders' reason to remain bullish: The economy not being as bad as many believe.

By Jeff Benjamin
Gov. Christie signs bill to create retirement plan marketplace for small businesses
NEWS RETIREMENT PLANNING JAN 28, 2016
Gov. Christie signs bill to create retirement plan marketplace for small businesses

Gov. Chris Christie signed a bill to create a retirement plan marketplace for New Jersey businesses with fewer than 100 employees.

By Pensions&amp;Investments
Test your knowledge about upcoming Social Security changes
NEWS RETIREMENT PLANNING JAN 28, 2016
Test your knowledge about upcoming Social Security changes

A new online quiz is tougher than it looks.

By Mary Beth Franklin
Rebound in global equities sputters in the U.S. as crude slips, bonds rise
NEWS EQUITIES JAN 28, 2016
Rebound in global equities sputters in the U.S. as crude slips, bonds rise

American equities struggle to hold gain amid global share rise

By Bloomberg
NEWS FINTECH JAN 28, 2016
Which robos got off to the fastest start in 2016?

By Alessandra Malito
NEWS ALTERNATIVES JAN 28, 2016
Hillary Clinton ups the ante with new plans to tax the rich

<i>Breakfast with Benjamin</i> The presidential hopeful's new &#8220;Fair Share Surcharge&#8221; to tax the wealthiest Americans would raise $150 billion over 10 years.

By Jeff Benjamin
How to prevent clients from making a classic behavioral investing mistake
NEWS PRACTICE MANAGEMENT JAN 28, 2016
How to prevent clients from making a classic behavioral investing mistake

Advisers should help clients forget about everyone else and realize &quot;only your goal matters&quot;

By crichards
NEWS FIXED INCOME JAN 28, 2016
The Fed, Wall Street differ on rate path

The Federal Reserve is indicating that it will raise interest rates four more times before the end of 2016, but traders in the financial markets don't believe it.

By Bloomberg
NEWS RIAS JAN 27, 2016
Aspiriant takes over second California RIA in 90 days

The $9B firm is looking to spread its wings even further in Los Angeles, a city its CEO, Rob Francais, says has relatively few independent advisers given its size.

By Liz Skinner
NEWS EQUITIES JAN 27, 2016
Putting negative interest rates in perspective

<i>Breakfast with Benjamin</i> Even if they have to resort to negative interest rates, central banks never really run out of ammo.

By Jeff Benjamin
NEWS EQUITIES JAN 27, 2016
Short sellers are licking their chops in this market

<i>Breakfast with Benjamin</i> Short sellers are staking their claims on the downside of the market, as short interest in the S&amp;P 1500 reaches its highest level in three years.

By Jeff Benjamin