Industry News

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NEWS FIXED INCOME DEC 19, 2014
Off with his head: How Pimco deposed the Bond King

The inside story of the final months of turmoil at Pimco as Bill Gross lost control.

By Bloomberg
NEWS ALTERNATIVES DEC 19, 2014
Massachusetts regulator Galvin investigating Schorsch B-D

Massachusetts regulator has launched an investigation into Realty Capital Securities, the wholesaling broker-dealer arm of Nicholas Schorsch's nontraded REIT empire. (<b><i>Also: <a href=&quot;http://www.investmentnews.com/article/20141105/FREE/141109957/schorsch-remains-confident-in-his-empire&quot; target=&quot;_blank&quot;>Schorsch remains confident in his empire</a>)</b></i>

By Bruce Kelly
NEWS PRACTICE MANAGEMENT DEC 18, 2014
Bernanke joins Pimco as senior adviser

His second consulting agreement with a top money manager in as many weeks.

By Bloomberg
NEWS PRACTICE MANAGEMENT DEC 18, 2014
The Super Bowl ending and what you can learn from it

Three lessons about making decisions under pressure gleaned from the epic conclusion to Super Bowl XLIX.

By Joe Duran
NEWS EQUITIES DEC 18, 2014
Restored Cuba relations will lead to travel, cigars, not investment opportunities

Even if Cuba's economy doubled, it still wouldn't be 'big enough to move the needle for the U.S.'

By Jeff Benjamin
NEWS INDUSTRY NEWS DEC 18, 2014
Is the Russian collapse wrecking your 401(k)?

Some emerging-markets funds are invested in oil-driven economy.

By Bloomberg
NEWS FINTECH DEC 18, 2014
When technology or outsourcing can help, and when it can't

Advisers need to focus on mission-critical functions, such as meeting with clients and marketing.

By Sheryl Rowling
NEWS FINTECH DEC 18, 2014
Worries about robo-advisers are unfounded. Here's why.

If you are losing clients to online advice platforms, you need to look in the mirror

By Matt Halloran
NEWS ETFS DEC 18, 2014
Pimco could withstand losing another $350 billion before asset flow starts to pinch

Morningstar report says outflows of $300B to $350B in next few years could hit firm's bonus pool, lead to key departures.

By Randy Diamond
NEWS WIREHOUSES DEC 18, 2014
Morgan Stanley seeking female and millennial advisers and clients: Fleming

President of Morgan Stanley's wealth management unit discusses how these demographics will shape the future of wealth and the work force.

By Bruce Kelly
NEWS FIXED INCOME DEC 18, 2014
Federal Reserve to end bond buying but keep interest rates low

Policy makers say labor market has improved while inflation likely to remain subdued over the near term.

By Bloomberg
NEWS RIAS DEC 17, 2014
House GOP tells SEC to improve adviser oversight

House Republicans who oversee the SEC told the agency to do a better job of regulating investment advisers &#8212; and to do it without a significant budget increase.

By Mark Schoeff Jr.
BlackRock expanding efforts on impact investing
NEWS ETFS DEC 17, 2014
BlackRock expanding efforts on impact investing

BlackRock sees a future in portfolios that emphasize social goals.

By Trevor Hunnicutt
NEWS WIREHOUSES DEC 17, 2014
Wells Fargo sees results from financial planning

Wells Fargo Advisors capped off 2014 with relatively strong numbers, as fourth-quarter earnings at its wealth division were up 5% year over year, despite costly investments in technology and higher broker commissions.

By Mason Braswell
NEWS RETIREMENT PLANNING DEC 17, 2014
Comerica picked to help manage Obama's retirement savings program

Dallas company will be custodian for the Treasury's 'myRA' program the president announced in January.

By Bloomberg
NEWS EQUITIES DEC 17, 2014
Russia troubles worry big investors

Cascading economic troubles spark concern over possible Moscow market controls.

By Sophie Baker
More advisers are turning to donor-advised funds
NEWS ETFS DEC 17, 2014
More advisers are turning to donor-advised funds

Popularity is rising among philanthropically inclined investors hoping to offset capital gains taxes.

By Darla Mercado
NEWS RETIREMENT PLANNING DEC 17, 2014
How to donate stock and win a big tax break

Giving stock instead of cash to a charity means the charity nets more, and you avoid any tax liability. A donor-advised fund is a good option.

By Elizabeth MacBride
NEWS INDUSTRY NEWS DEC 17, 2014
Groundbreaking investor says look to emerging markets

Rob Arnott rocked the passive investing world. Here's why he advises looking outside the U.S. for better values.

By Bloomberg
NEWS LIFE INSURANCE AND ANNUITIES DEC 17, 2014
Senate set to approve national insurance-agent registry

Though new board has wide support among state regulators, GOP senator cries foul over infringement of states' rights.

By Mark Schoeff Jr.