Industry News

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NEWS MUTUAL FUNDS AUG 07, 2013
Biggest gold bug puts his money where his mouth is

Peter Schiff launches a mutual fund that invests in the precious metal

By JKEPHART
NEWS RIAS AUG 07, 2013
Carson acquires $218M AUM hybrid

Carson Wealth Management acquired a hybrid advisory firm today and plans to buy a bunch more--up to eight--by the end of the year. What's CEO Ron Carson up to? Bruce Kelly has the story.

By Bruce Kelly
NEWS BROKER DEALERS AUG 07, 2013
With new name, broker-dealer group retrenches and sets relaunch

National Association of Broker-Dealers plans new member drive, regional confabs.

By DJAMIESON
NEWS RETIREMENT PLANNING AUG 07, 2013
Fiduciary backer Hutcheson found guilty of 17 counts of wire fraud

Officials charged he diverted $5 million in client money; civil case proceeding.

By Darla Mercado
NEWS INDUSTRY NEWS AUG 07, 2013
Gold bugs 'obliterated' by good news

Gold bugs have taken a beating in the past five days. A raft of upbeat economic data won't ease their pain.

By John Goff
CFP Board chairman resigns amid ethics probe
NEWS RIAS AUG 07, 2013
CFP Board chairman resigns amid ethics probe

Alan Goldfarb tells <i>InvestmentNews</i> why he decided to resign as chairman of the CFP Board &#8212; and the nature of the allegation that has been leveled against him.

By Mark Schoeff Jr.
NEWS RIAS AUG 06, 2013
Dallas RIAs combine to make $500M firm serving pilots

Smith Anglin, in first-ever acquisition, merges with Rhoads Lucca

By Michael Shagrin
NEWS INDUSTRY NEWS AUG 06, 2013
Big week for market has investors on edge

Nail-biting seen ahead of FOMC meeting, quarterly GDP report, jobs data

By Jeff Benjamin
NEWS RIAS AUG 06, 2013
At UBS, wealth management shines with record profits

Higher managed account fees on higher average invested assets boost numbers.

By DJAMIESON
NEWS MUTUAL FUNDS AUG 06, 2013
The Takeaway: What do advisers talk about?

By Joshua Brown
NEWS INDUSTRY NEWS AUG 06, 2013
Risk management, alts among increased focus of IMCA exams

IMCA updates curricula of CIMA program to enhance coverage of risk management, alternative investments, behavioral finance and fiduciary responsibilities.

By DJAMIESON
NEWS EQUITIES AUG 06, 2013
Nuveen's Bob Doll: Watch top-line revenue

Earnings acceleration likely needed for next upturn in stocks, strategist says

By By Bob Doll
NEWS WIREHOUSES AUG 06, 2013
New No.1 at top of wealth management ranks

UBS vaults past BofA in global AUM; Wells Fargo third on the list

By John Goff
NEWS BROKER DEALERS AUG 06, 2013
D.A. Davidson in deal for Crowell Weedon

Montana-based D.A Davidson plans to acquire Crowell Weedon, a big brokerage run out of Los Angeles. How big? The combo will create the largest full-service IBD in the western U.S.

By AOSTERLAND
NEWS EQUITIES AUG 05, 2013
The Takeaway: Keep an eye on that sales assistant!

By Joshua Brown
NEWS FIXED INCOME AUG 05, 2013
Pair of Pimco closed-end funds suddenly blue-light specials

A pair of Bill Gross-managed closed-end funds have been dragged down in the bond rout. How far down? The two are trading at a discount to their NAV &#8212; a rarity.

By JKEPHART
NEWS RIAS AUG 05, 2013
Buckingham buys Dallas RIA with help from Focus Financial

Deal gives St. Louis-based firm a fourth location, asset bump to $4.9B.

By AOSTERLAND
NEWS INDUSTRY NEWS AUG 05, 2013
Upper-classmen? Study shows colleges taking from the poor, giving to the rich

In what is being called a 'dramatic shift,' colleges are offering generous financial aid packages to wealthier students and shortchanging poorer ones. | <i>The Road to Tuition</i> <a href=http://www.investmentnews.com/gallery/20130503/FREE/503009999/PH>States with the best 529s</a>

By John Goff
NEWS INDUSTRY NEWS AUG 05, 2013
RegEd buying Arkovi

By Janowski Davis
NEWS RETIREMENT PLANNING AUG 04, 2013
Best ways to time retirement and Social Security

Earnings in months leading up to retirement date can be ignored.

By Mary Beth Franklin