Industry News

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Amazon's risky 401(k) plan
NEWS RETIREMENT PLANNING AUG 24, 2015
Amazon's risky 401(k) plan

Online retail giant's retirement program doesn't have much in common with its Silicon Valley peers, with company matches made entirely in Amazon stock.

By Bloomberg
NEWS RETIREMENT PLANNING AUG 24, 2015
Health-care scammers commit Medicare fraud beyond U.S. borders

Florida health-care companies illegally billed the government $25 million for services to people in Nicaragua.

By Bloomberg
NEWS OPINION AUG 24, 2015
Now is not the time to look at 401(k)s

We live in the Internet age, and clients no longer have to wait for a quarterly statement. They can log on right now and look. Tell them not to.

By Megan McArdle
Is the bull market making advisers and investors behave better?
NEWS RETIREMENT PLANNING AUG 24, 2015
Is the bull market making advisers and investors behave better?

Mutual fund investors get closer to capturing 100% of the returns of the funds they invest in, according to Morningstar.

By Trevor Hunnicutt
It's early days for most robos eyeing the 401(k) market
NEWS RETIREMENT PLANNING AUG 24, 2015
It's early days for most robos eyeing the 401(k) market

As Financial Engines & Wells Fargo announce their partnership, there are only a handful of automated investment services competing for defined contribution retirement plan participants.

By Alessandra Malito
NEWS FINTECH AUG 24, 2015
Robo-advisers want to plan your clients' future

Behind the scenes, robo-advisers are quietly hatching plans to compete more aggressively with flesh-and-blood advisers.

By Mason Braswell
NEWS FINTECH AUG 23, 2015
BlackRock makes big bet on digital advice with acquisition of robo FutureAdvisor

Deal puts the world's largest money manager squarely in the financial advice market as it branches out from managing mutual funds and its iShares brand of ETFs.

By Alessandra Malito
NEWS PRACTICE MANAGEMENT AUG 23, 2015
As the Labor Department moves closer to a fiduciary standard, rhetoric reaches fever pitch

The department's recently completed four-day marathon of hearings featured the usual suspects trotting out the usual arguments — and self-funded studies — for or against the rule.

By MFXFeeder
At least one timing signal is already saying it is time to sell stocks
NEWS EQUITIES AUG 22, 2015
At least one timing signal is already saying it is time to sell stocks

<i>Breakfast with Benjamin:</i> One troubling result of Thursday's big stock drop, in which the Dow industrials lost 358 points, or just over 2%, is that the market's oldest timing signal flashed a sell signal.

By Jeff Benjamin
NEWS PRACTICE MANAGEMENT AUG 21, 2015
Performance matters, but services deliver results

Many believe that for any registered investment adviser striving to grow a business, it's all about performance. Wrong! Increasing client retention is what is critical.

By Ken Fisher
NEWS RETIREMENT PLANNING AUG 21, 2015
Surprise: It may be wiser to pay smaller loans first

A new study suggests that the quickest way out of debt may be getting 'small victories.'

By Trevor Hunnicutt
Fight those Fed fears and stick with dividend investment
NEWS EQUITIES AUG 21, 2015
Fight those Fed fears and stick with dividend investment

Dividend rally is slowing, but still alive and well.

By Jeff Benjamin
Michael Kitces' weekend reading for financial advisers
NEWS FINTECH AUG 21, 2015
Michael Kitces' weekend reading for financial advisers

A wrap-up of the Labor Department's fiduciary hearings, analyzing how much income retirees really need, and the rest of the week's must-reads for advisers.

By mkitces
NEWS RETIREMENT PLANNING AUG 21, 2015
MetLife launches first longevity annuity for individual clients' retirement accounts

Latest product comes as qualified longevity annuity contracts look for a place in retirement accounts.

By Trevor Hunnicutt
NEWS INDUSTRY NEWS AUG 21, 2015
An identity thief breaks down the art of emptying your bank account

Meet Dmitry Naskovets, the con man from Minsk.

By Bloomberg
NEWS FINTECH AUG 20, 2015
New Apple iPad Pro geared toward meeting advisers' business needs

In the wake of Apple's latest product announcement, some advisers may even ditch their laptop for a tablet.

By Alessandra Malito
NEWS RETIREMENT PLANNING AUG 20, 2015
Why women need life insurance

Having the right life insurance policy can give moms a peace of mind knowing their families will be taken care of if the worst were to happen.

By Ryan Daly
NEWS RETIREMENT PLANNING AUG 20, 2015
Don't let health care costs derail your retirement plans

Tools can help you to refine cost projections and reduce Medicare surcharges.

By Mary Beth Franklin
RS Investments on the block, five firms in the running
NEWS INDUSTRY NEWS AUG 20, 2015
RS Investments on the block, five firms in the running

Money managers DoubleLine Capital, Victory Capital Management, Virtus Investment Partners, Ridgeworth Investments and private equity firm Lovell Minnick Partners slated to place bids Friday.

By Randy Diamond
Guggenheim adds real estate to its smart beta lineup
NEWS ALTERNATIVES AUG 20, 2015
Guggenheim adds real estate to its smart beta lineup

First ETF to offer equal-weighted exposure to a REIT index.

By Jeff Benjamin