Industry News

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NEWS EQUITIES NOV 04, 2013
The Takeaway: As always, retail investors come late to the party

By Joshua Brown
NEWS INDUSTRY NEWS NOV 04, 2013
Feeding the beast: Companies resorting to gimmicks to boost share prices

With corporate profits shrinking, companies are looking at other means of boosting their stock prices. And that has ratings agencies worried.

By John Goff
NEWS INDUSTRY NEWS NOV 04, 2013
When is a $1M meal a bargain? When it's with Warren Buffett

When is a $1M meal a bargain? When it's with Warren Buffett. This year's winning bid for the annual charity get-together is way down from last year's. See how the market for lunch with the Oracle has changed over the years.

By John Goff
NEWS INDUSTRY NEWS NOV 03, 2013
Millennials resist long-term investing

Shell-shocked by market crises, Gen Y holds onto cash, doesn't use advisers, survey says

By Mason Braswell
NEWS RETIREMENT PLANNING NOV 03, 2013
Morningstar upgrades Schwab target date funds

Morningstar Inc. has upgraded its ratings on The Charles Schwab Corp.'s target date funds to “neutral,” from “negative,” because of improved performance, new leadership and stability.

By Darla Mercado
NEWS EQUITIES NOV 03, 2013
Tapering off the table - for now

By MFXFeeder
NEWS RETIREMENT PLANNING NOV 01, 2013
The rise of Social Security zombies

Mary Beth Franklin dishes on how the Social Security Administration sends millions in benefits to deceased people...and how, in some cases, people who are very much alive are declared dead.

By Mary Beth Franklin
NEWS INDUSTRY NEWS NOV 01, 2013
Obama's bull market pulls ahead of Reagan's

Why this administration has something to brag about, and other must-reads from wealth manager and CNBC commentator Josh Brown

By Joshua Brown
NEWS RIAS NOV 01, 2013
Want to keep the inheritance in-house? Try a different approach

Gen Xers and Millennials approach financial advice differently than their parents. Advisers need to learn what makes them tick to hold onto the family's assets.

By Liz Skinner
NEWS RIAS NOV 01, 2013
RIAs need to focus on compensation to foster growth, advisers told

With a shortage of advisers facing the industry, the cost to keep them will continue to go up, Fidelity's Waldemar Kohl said. The median compensation cost per lead adviser has grown to $174,000 this year from $165,000 in 2009, according to numbers presented at the conference. And personnel costs make up about 70% of adviser expenses.

By Megan Durisin
NEWS RETIREMENT PLANNING NOV 01, 2013
Social Security rules for divorced spouses

What to do when you get the wrong answer from the Social Security Administration

By Mary Beth Franklin
NEWS RETIREMENT PLANNING NOV 01, 2013
False alarm over Social Security rules for divorced spouses

What to do when you get the wrong answer from SSA

By Mary Beth Franklin
NEWS LIFE INSURANCE AND ANNUITIES OCT 31, 2013
Japan's Dai-ichi Life to buy Protective Life for $5.7 billion

Protective CEO and management team will remain in place; deal creates 13th-largest global insurer.

By Gregory Crawford
NEWS RIAS OCT 31, 2013
Morgan Stanley veterans launch firm using Raymond James platform

A group of veteran Morgan Stanley managers has broken away from the wirehouse to form a partnership with Raymond James to offer equity ownership and succession planning to advisers.

By Joyce Hanson
NEWS RETIREMENT PLANNING OCT 31, 2013
When working longer is the best option

Preparedness may mean staying on the job, but burned-out investors need an incentive

By Jamie Patrick Hopkins and David Littell
NEWS RIAS OCT 31, 2013
Advisers who serve have a double duty — to Uncle Sam and their clients

Anyone who thinks they have busy days should listen to Chris Pollard's tale. This Regent Wealth Management Group financial adviser spent a year activated in the Army National Guard as a budget analyst by day — while serving his 100 advisory clients at night and over the weekends.

By Liz Skinner
NEWS BROKER DEALERS OCT 31, 2013
Adviser head count expected to drop amid lack of new recruits

Cerulli study forecasts a drop of more than 25,000 advisers by 2017, most from wirehouses and broker-dealers. The problem? A lack of new recruits.

By DJAMIESON
NEWS PRACTICE MANAGEMENT OCT 31, 2013
Wirehouse turnover picks up, but it's mostly musical chairs

Recent moves point to building momentum after year and a half of sluggish action

By Michael Shagrin
NEWS RETIREMENT PLANNING OCT 31, 2013
Lincoln National jumps into new fixed annuity business

Deferred-income annuities offer certainty but limitations too.

By Darla Mercado
NEWS RETIREMENT PLANNING OCT 31, 2013
Edward Jones protected against VA ban by Protective

Insurer no longer taking 1035 exchanges or rollovers, but brokerage gets pass

By Darla Mercado