Industry News

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NEWS EQUITIES FEB 20, 2014
Emerging-markets selloff sparks global concerns

<i>Breakfast with Benjamin:</i> Emerging market selloff raises contagion fears. Plus: Short-selling starts to make sense, Bill Gross plans to work till he's 109, Obamacare triggers downgrade of health insurers, economists bicker over minimum wage laws, and tricks of debt-free Americans.

By Jeff Benjamin
NEWS INDUSTRY NEWS FEB 20, 2014
Fidelity president O'Hanley to leave in February

In note to employees, Abby Johnson says money management unit 'performing well.'

By James Comtois
NEWS RIAS FEB 20, 2014
Buy your way toward higher assets under management

Acquiring clients can be a winning growth strategy, particularly for young advisers.

By Liz Skinner
NEWS RIAS FEB 20, 2014
7 business-building lessons advisers can learn from Amazon

Amazon went from nothing to $150 billion in market cap in just 20 years. What can you learn from its success and apply to your own firm?

By Steve Sanduski
NEWS WIREHOUSES FEB 20, 2014
Morgan Stanley tweaks compensation plan

Morgan Stanley will reduce payouts to low-performing experienced brokers, expand awards for hitting performance targets and enhance bonuses for increasing lending, according to details of the plan confirmed by <i>InvestmentNews</i>.

By Trevor Hunnicutt
NEWS RETIREMENT PLANNING FEB 20, 2014
Advisers missing opportunity as Gen Xers short on life insurance

Gap between what they have and what they need closing in on $450,000.

By Darla Mercado
NEWS INDUSTRY NEWS FEB 19, 2014
Don't be fooled by companies beating estimates

Hedge-fund titan says market rally has been fueled by conditions that are difficult to sustain

By Matt Ackermann
NEWS RETIREMENT PLANNING FEB 19, 2014
Mary Beth Franklin: Mitigating Medicare costs

By lkonish
NEWS RIAS FEB 19, 2014
Reducing the costs (and hassles) of expense reporting

Few things are more deflating than coming back from a very productive trip and having to fill out expense reports, but with Finra cracking down it is essential to find the right tools to protect you and your business.

By amurguia
NEWS BROKER DEALERS FEB 19, 2014
What's next for Nicholas Schorsch and RCS Capital?

In the wake of back-to-back deals, the industry is curious about what the REIT czar will buy next.

By Andrew Leigh
NEWS EQUITIES FEB 18, 2014
Breakfast with Benjamin: Obama's budget blueprint

Today: Who will be happy with Obama's budget blueprint? Plus, a contrarian idea for stocks, tapering already, gold, GMATs and g-forces.

By Jeff Benjamin
NEWS INDUSTRY NEWS FEB 18, 2014
Investing opportunities abound in Europe

After six straight quarters of contraction, eurozone may perform as well as the S&amp;P 500 this year

By CODONNELL
NEWS PRACTICE MANAGEMENT FEB 18, 2014
Merrill Lynch nabs $400M team from Morgan Stanley

Veteran advisers Michael Bromberg and Daniel Gerschel join in New York.

By Mason Braswell
NEWS INDUSTRY NEWS FEB 18, 2014
The Oracle strikes again

<i>Breakfast with Benjamin:</i> Warren Buffett's warning to Coke comes to pass. Plus: Borrowing increases, as do divorce rates, all thanks to the economy. And what the cold weather hath wrought, why so few 'sell' ratings on stocks and crashing a Wall Street secret society meeting.

By Jeff Benjamin
NEWS INDUSTRY NEWS FEB 18, 2014
Emerging markets bloodbath highlights up-and-comer ETFs

$10 billion has flowed out of emerging markets, but here are some ETFs that have taken in money

By Gregory Crawford
NEWS EQUITIES FEB 18, 2014
Gold rides high on the taper effect

<i>Friday's menu:</i> Gold rides high on the taper effect, playing smart defense with a wide-moat ETF, blaming cold weather in February, stirring the income inequality pot, why you should complete your LinkedIn profile, and the SEC shows some love.

By Jeff Benjamin
NEWS BROKER DEALERS FEB 18, 2014
WJB Capital executives charged in scheme to prop up firm

Three former WJB Capital Group Inc. executives were charged with defrauding investors of more than $11 million in a bid to prop up the now-defunct broker-dealer. The trio pleaded not guilty.

By Matt Ackermann
NEWS RETIREMENT PLANNING FEB 18, 2014
You can thank or blame Richard Stanger for writing 401(k)

Richard Stanger was a primary author of a little-noticed piece of a 1978 tax law, an 869-word insert that was lost in the political heat of the time.

By Gregory Crawford
NEWS RETIREMENT PLANNING FEB 18, 2014
Sen. Harkin pushes privately run retirement plan

Plan would supplement pensions and 401(k)s, and would aim to provide lifetime income

By Darla Mercado
NEWS RETIREMENT PLANNING FEB 18, 2014
Obama unveils savings proposal for workers lacking 401(k)

New initiative aimed at boosting retirement savings for middle- and low-income workers

By lkonish