Industry News

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NEWS RETIREMENT PLANNING JUN 02, 2014
New admission secrets of top colleges

Unless your child qualifies for financial aid, admission to a top school means you'll be paying full freight -- merit-based financial aid is gone.

By Troy Onink
NEWS RETIREMENT PLANNING JUN 02, 2014
What financial advisers really think about retirement

A new <InvestmentNews</i> survey finds that while advisers are still cautious, confidence in their clients' retirement is strong

By CODONNELL
NEWS INDUSTRY NEWS JUN 02, 2014
UBS shuffles management, hires ex-Morgan Stanley exec

Jason Chandler and Bill Carroll will now share responsibility for field leadership; Paul Hatch fills new role as head of advice and solutions

By Mason Braswell
NEWS EQUITIES JUN 02, 2014
Where to access retirement income now

Annuities, individual municipal bonds and equities in the pharmaceutical sector hold good prospects for clients seeking retirement income.

By Darla Mercado
NEWS PRACTICE MANAGEMENT JUN 01, 2014
Behind the drop in college admission rates

Plus a primer on the increasingly complicated financial aid and application processes.

By Troy Onink
NEWS EQUITIES MAY 31, 2014
Investors embrace the risk-on mood and stocks are flying high

Today's menu: Risk is on! Plus: Nasdaq 100 nears 13-year high, Yellen sees housing trouble but can only watch, treating homeownership like a real investment, where money managers are made, and Congress proves to be the sweetest gig of all.

By Jeff Benjamin
NEWS PRACTICE MANAGEMENT MAY 30, 2014
Wealthy seek to pass on family values through philanthropy

Advisers can use their role to facilitate building generational bonds

By Liz Skinner
NEWS RETIREMENT PLANNING MAY 30, 2014
Pension dilemma: lump sum now, or income stream later?

Companies eager to &#8220;de-risk&#8221; their long-term pension obligations are expected to increasingly offer voluntary one-time lump sum payments to former employees as an alternative to a pension's stream of lifetime income.

By Carla Fried
NEWS FINTECH MAY 30, 2014
Working remotely experiment over: Back home in San Diego

After an extended trip to France, Sheryl Rowling answers the question: Is it possible to work remotely for a month?

By Sheryl Rowling
NEWS FINTECH MAY 30, 2014
How to avoid becoming extinct as technology disrupts wealth management

The advisory community needs to recognize that technology is fundamentally changing the way investors are consuming financial services these days.

By Neal Ringquist
NEWS FINTECH MAY 30, 2014
'Match.com' for advisers and clients expands to San Francisco

The startup's latest debut follows a successful New York launch

By Joyce Hanson
NEWS FINTECH MAY 30, 2014
Don't let disruptive technology derail your business

Robo-advisers will &#8220;change the way that my business needs to operate,&#8221; Fortigent co-founder says.

By Trevor Hunnicutt
NEWS REGULATION AND LEGISLATION MAY 30, 2014
Senate action could accelerate tax extenders' approval

House would be next to take up the bill, which could help financial advisers' clients

By Mark Schoeff Jr.
NEWS FINTECH MAY 30, 2014
Does Vanguard pose a threat to advisers?

The fund giant's online advice platform is viewed by some as a threat, but others see it as complementary. Trevor Hunnicutt reports.

By Trevor Hunnicutt
NEWS RETIREMENT PLANNING MAY 30, 2014
To Roth (IRA) or not to Roth, that is the question

Although Roth IRAs have been available since 1997, changes in recent years to the U.S. tax code have made these retirement savings accounts more popular than ever. Here, with apologies to the Bard, are some pointers for advisers.

By Robert Cirrotti
NEWS INDUSTRY NEWS MAY 29, 2014
BlackRock's Fink: Housing more unsound now than pre-crisis

BlackRock Inc.'s chief executive Laurence D. Fink said the U.S. housing market is &#8220;structurally more unsound&#8221; today than before the financial crisis because it depends more on government-backed mortgage companies such as Fannie Mae and Freddie Mac.

By Matt Ackermann
NEWS INDUSTRY NEWS MAY 29, 2014
RCAP sales slow, but Schorsch confident nontraded REIT 'freight train' will roll

RCAP sales slow in 1Q but nontraded REIT &#8220;freight train&#8221; will roll for a decade, Schorsch says. Firm's army of wholesalers raising $40 million of equity a day, a figure that could top $60 million a day by the fourth quarter

By Bruce Kelly
NEWS INDUSTRY NEWS MAY 29, 2014
BlackRock first-quarter net climbs as money manager adds $27B in net new money

Firm growing quicker than peers; quarterly profit up 20% as revenue rises 9% to $2.7B.

By Gregory Crawford
NEWS INDUSTRY NEWS MAY 29, 2014
BlackRock's Fink urges CEOs to focus capital on long-term growth

BlackRock Inc. CEO Laurence D. Fink, whose firm is the largest shareholder in companies from Apple Inc. to JPMorgan Chase &amp; Co., is repeating his call to chief executive officers to engage with shareholders and be more transparent about balance-sheet decisions.

By Matt Ackermann
NEWS INDUSTRY NEWS MAY 29, 2014
Now it's the grandparents who are saving in 529 plans

66% are chipping in a significant amount to their grandchildren's education.

By CODONNELL