Industry News

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NEWS PRACTICE MANAGEMENT JAN 14, 2015
Wells Fargo tweaks deferred comp, pay on stock trades

Advisers could earn more deferred pay, but minimum ticket size for payout on equity trades upped to $125.

By Mason Braswell
NEWS RETIREMENT PLANNING JAN 14, 2015
Easy guidelines for saving for college in a child's name

By Troy Onink
NEWS BROKER DEALERS JAN 14, 2015
What IBD consolidation means for advisers

With high M&A deal pace set to continue, here's how the most common deal structures could affect advisers

By By Jodie Papike
NEWS RIAS JAN 14, 2015
Wells Fargo eyes acquisitions as profits rise

Coming off a 41% rise in quarterly profits in its wealth unit, Wells Fargo could be interested in an acquisition. Mason Braswell reports.

By Mason Braswell
NEWS BROKER DEALERS JAN 13, 2015
Robert Benmosche remembered as tenacious, fair by colleagues

Industry colleagues, from Hank Greenberg to Don Marron, recall the former MetLife, AIG CEO, who passed away at 70 Friday after a battle with cancer.

By Bloomberg
Custom target date funds gaining in DC plans: Report
NEWS RETIREMENT PLANNING JAN 13, 2015
Custom target date funds gaining in DC plans: Report

DOL tip in 2013 prompts plans to take a look at how the funds fit.

By Robert Steyer
Utility, consumer stocks can play defense when market volatility spikes
NEWS EQUITIES JAN 13, 2015
Utility, consumer stocks can play defense when market volatility spikes

Barbell approach can help advisers manage through the volatile first quarter earnings season without ditching stocks altogether.

By Jeff Benjamin
Money manager M&A skyrockets in 2014
NEWS INDUSTRY NEWS JAN 13, 2015
Money manager M&A skyrockets in 2014

Nuveen, Russell deals power activity to $16.9 billion in transactions, triple the 2013 level

By Randy Diamond
Pimco names Seidner to run unconstrained bond fund as Parikh exits
NEWS MUTUAL FUNDS JAN 13, 2015
Pimco names Seidner to run unconstrained bond fund as Parikh exits

Pimco named Marc Seidner as lead manager of the Pimco Unconstrained Bond Fund as Saumil Parikh leaves the firm, the first high-profile departure since the surprise exit of co-founder Bill Gross.

By Bloomberg
House GOP targets Social Security funding
NEWS RETIREMENT PLANNING JAN 13, 2015
House GOP targets Social Security funding

House Republicans flexed their muscles during the first week of the new session of Congress, setting up a future fight over Social Security funding that will probably take shape in the lame-duck session after the 2016 elections.

By Mary Beth Franklin
Rate hike not likely before April: Federal Reserve
NEWS FIXED INCOME JAN 13, 2015
Rate hike not likely before April: Federal Reserve

Broad support for Chair Yellen's assessment of likely timing, some officials concerned inflation could remain too low.

By Bloomberg
ETF managers, bringing in historic levels of cash, still preparing for a bear
NEWS EQUITIES JAN 13, 2015
ETF managers, bringing in historic levels of cash, still preparing for a bear

As dollars in funds top $2 trillion, managers ready exotic products for a new market environment.

By Trevor Hunnicutt
The new variable and indexed annuity leaders
NEWS BROKER DEALERS JAN 13, 2015
The new variable and indexed annuity leaders

Indexed annuities continue to be popular, and Jackson National continues to dominate VA sales.

By Darla Mercado
NEWS PRACTICE MANAGEMENT JAN 13, 2015
Young advisers go from learning to doing

New employees have gained confidence, and are starting to work with clients

By Liz Skinner
NEWS RETIREMENT PLANNING JAN 12, 2015
Creative way to get clients to save more: Offer a prize

Research suggests savings increase when people are given a chance to win.

By Liz Skinner
Automated tools help you claim Social Security
NEWS RETIREMENT PLANNING JAN 12, 2015
Automated tools help you claim Social Security

LifeYield tool, offered through Quicken, is latest to target investors

By Mary Beth Franklin
Gross says Pimco fired him
NEWS INDUSTRY NEWS JAN 12, 2015
Gross says Pimco fired him

Famed bond investor was dismissed after offering to reduce his role at the firm.

By Bloomberg
NEWS RETIREMENT PLANNING JAN 12, 2015
Finding solutions to the key challenges of modern retirement

The brief golden age of retirement is over, but investing legend Charles Ellis outlines solutions to a potential crisis.

By Mary Beth Franklin
Hedge fund employees enjoy the fruits of their labor
NEWS EQUITIES JAN 12, 2015
Hedge fund employees enjoy the fruits of their labor

On Friday's <i>Breakfast with Benjamin</i>, average compensation at hedge funds remains gaudy, even with performance down. Plus: Smart beta takes another step out of the shadows, the right way to clean up your portfolio, and the new Congress sets the tone by taking an early swipe at Obamacare.

By Jeff Benjamin
Social Security's special tax rule for repaying benefits
NEWS RETIREMENT PLANNING JAN 12, 2015
Social Security's special tax rule for repaying benefits

Amount of repayment determines method.

By Mary Beth Franklin