Industry News

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NEWS EQUITIES JUN 10, 2014
Buffett is ready to double down on his wind and solar energy bet

<i>Breakfast with Benjamin:</i> Buffett doubles down on green. Plus: ECB stimulus gains traction, Apple shares at less than $100, Alibaba IPO risks, when prostitutes become currency traders, and how to buy Scotch for your dad.

By Jeff Benjamin
NEWS FINTECH JUN 10, 2014
The power of incorporating social media into event planning

Socializing events and meetings with Twitter can up attendee participation and deepen relationships.

By Blane Warrene
NEWS EQUITIES JUN 10, 2014
Bill Gross bets on shorter-term bonds in a controversial 'new neutral' strategy

<i>Breakfast with Benjamin:</i> Bill Gross' controversial new strategy. Plus: BlackRock CEO Fink calls out leveraged ETFs, nobody can agree on the gold-price decline, dealing with lump-sum pension offers, a solar company that makes sense, and the various forms of a caffeine addict.

By Jeff Benjamin
NEWS FINTECH JUN 10, 2014
Social media is worth the time

A panel of social media experts weigh in to explain the major potential social media holds for advisers.

By CODONNELL
NEWS PRACTICE MANAGEMENT JUN 10, 2014
Morgan Stanley taps new head for private wealth unit

By Mason Braswell
NEWS RETIREMENT PLANNING JUN 10, 2014
Investors value advisers, especially when retirement is looming

Investors on a panel at an InvestmentNews retirement income conference said they value the expertise of advisers, especially as they get close to or enter retirement

By Darla Mercado
NEWS REGULATION AND LEGISLATION JUN 10, 2014
Ex-Dynasty client closes B-D, RIA after SEC actions

An adviser who became a client of Dynasty in 2012 has faced two separate series of actions in the past year, most recently a Wells notice from the SEC's California office. Bruce Kelly has the story.

By Bruce Kelly
NEWS ETFS JUN 10, 2014
Bond ETFs posted a good start to 2014, though March showed its lion's side

Surprising comments by Fed chief Janet Yellen on rate hikes gave bond markets a bad scare.

By Bloomberg
NEWS INDUSTRY NEWS JUN 10, 2014
AIG resurrects brand in financial advice industry

The giant insurer is once again anointing a broker-dealer and registered investment adviser network with the AIG name and launching AIG Financial Network.

By Bruce Kelly
NEWS LIFE INSURANCE AND ANNUITIES JUN 09, 2014
Hartford Financial Services offers to pay employees to give up their pensions

Insurer offers voluntary lump-sum payments to about 13,500 workers who have left the company and haven't yet started receiving pension payments.

By Bloomberg
NEWS EQUITIES JUN 09, 2014
Job growth accelerates, pushing unemployment rate to a six-year low

By Andrew Leigh
NEWS INDUSTRY NEWS JUN 09, 2014
Examining Sterne Agee's CEO change

Why did Sterne Agee fire CEO James Holbrook Jr.? Many want to know, especially in light of accusations of all manner of professional hanky-panky at the firm.

By Andrew Leigh
NEWS INDUSTRY NEWS JUN 09, 2014
What to expect from the Alibaba IPO

A big public offering is a sign of confidence in the equity markets. This year, 169 companies have filed to go public, compared with 256 for all of 2013.

By Jeff Benjamin
NEWS INDUSTRY NEWS JUN 09, 2014
Resist the temptation of big-name IPOs

Even sophisticated investors get burned by IPOs. If you can't invest from the start -- and few investors can -- you'll miss most of the early gains.

By MFXFeeder
NEWS IRA ALERT JUN 09, 2014
In divorce, retirement is at risk

By Ed Slott
NEWS INDUSTRY NEWS JUN 09, 2014
529 plans an easier sell for advisers as equity markets shine

College savings assets up 20% in 2013: Morningstar

By Liz Skinner
NEWS FINTECH JUN 09, 2014
Older investors turn to the web to manage assets

More investors over 50 are firing their advisers and managing their own finances through online platforms, as the myth of tech-illiterate old-timers is debunked.

By Joyce Hanson
NEWS RETIREMENT PLANNING JUN 09, 2014
How to connect with your clients' adult beneficiaries

Advisers must deal with the harsh reality that they are getting older, and so are their clients

By Bloomberg
NEWS LIFE INSURANCE AND ANNUITIES JUN 09, 2014
Hartford could expand buybacks after $895 million deal for Japan unit

Analyst forecasts share repurchase of $1.05 billion, debt paydown of $350 million.

By Gregory Crawford
NEWS EQUITIES JUN 08, 2014
Investors rush to safety in gold as Iraq falls

What's for <i>Breakfast with Benjamin</i>? The Iraq crisis hits another asset but in a good way. Plus: Oil spikes to nine-month high, a looming student loan crisis, how Goldman cashed out early on Alibaba, and a tribute to dads.

By Jeff Benjamin