Industry News

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NEWS INDUSTRY NEWS JUN 08, 2013
Buffett: Bonds not worth it

By Bloomberg
NEWS RIAS JUN 07, 2013
Ranks (and dollars) of ultra high net worth grow

"Bomb shelter" mentality helped through crisis, now wealthy find best opportunities.

By Michael Shagrin
NEWS BROKER DEALERS JUN 07, 2013
Former LPL marketing executive lands at First Allied

Adviser marketing expert Fox-Foley to focus on getting out the IBD's 'secret.'

By Liz Skinner
The Takeaway: S&P at 2,100 by 2015? Goldman thinks so
NEWS INDUSTRY NEWS JUN 07, 2013
The Takeaway: S&P at 2,100 by 2015? Goldman thinks so

By Joshua Brown
NEWS RETIREMENT PLANNING JUN 07, 2013
Hartford's VA buyback an offer many clients can't refuse

Early reports suggest that The Hartford's buyback terms for some of its legacy VAs are extremely generous. How generous? Some clients can cash out early at full value.

By Darla Mercado
NEWS LIFE INSURANCE AND ANNUITIES JUN 06, 2013
AIG's Benmosche: Too big to fail tag no big deal

But CEO says regulators need to understand the business better.

By Darla Mercado
NEWS LIFE INSURANCE AND ANNUITIES JUN 06, 2013
Too big to fail tag good for AIG, Pru shareholders, not customers

The Financial Stability Oversight Council has classified both AIG and Prudential as 'too-big-too-fail.' That's too bad for customers. Here's why.

By Darla Mercado
NEWS RETIREMENT PLANNING JUN 06, 2013
Mary Beth Franklin: With Social Security, no double dipping allowed

By Mary Beth Franklin
NEWS RETIREMENT PLANNING JUN 06, 2013
Pru's all-bond VA getting lukewarm reception

Not a ton of excitement but advisers intrigued by newfangled approach.

By Darla Mercado
NEWS RETIREMENT PLANNING JUN 06, 2013
Tools to estimate costs

By Darla Mercado
Windfall's pitfalls
NEWS INDUSTRY NEWS JUN 06, 2013
Windfall's pitfalls

After pocketing a $1 million Make Me Rich jackpot last fall, Detroit-area lottery winner Amanda Clayton is getting a trial-by-fire lesson in the challenges of having wealth.

By Lavonne Kuykendall
Asset managers who won $254M lottery making shrewd moves
NEWS RETIREMENT PLANNING JUN 06, 2013
Asset managers who won $254M lottery making shrewd moves

Choosing a lump sum instead of annuity a smart decision, says estate expert; setting up trust protects heirs.

By Andrew Osterland
NEWS REGULATION AND LEGISLATION JUN 05, 2013
Florida enacts law to ease B-D registration

Instant approval once paperwork is filed, fee is paid.

By Mark Schoeff Jr.
NEWS INDUSTRY NEWS JUN 05, 2013
Game changers

As part of <i>InvestmentNews'</i> 15th anniversary issue, we're looking back this month at people who changed the face of the advice industry. Today: An adviser who blazed the trail for women.

By John Goff
NEWS INDUSTRY NEWS JUN 05, 2013
Low interest rate addictions

Combination of QE, massive debt levels and betting the economy's future growth on creating inflation a 'miserable mistake,' Michael Pento says

By By Michael Pento
NEWS BROKER DEALERS JUN 05, 2013
Job cuts at Advisor Group

Advisor Group, the IBD owned by AIG, laid off employees this week. Sources outside the company said the lion's share of the layoffs came from Woodbury Financial Services.

By Bruce Kelly
NEWS LIFE INSURANCE AND ANNUITIES JUN 04, 2013
Prudential, AIG put on too big to fail list

If designation holds, firms will be subject to Fed oversight, stricter control

By Mark Schoeff Jr.
NEWS EQUITIES JUN 04, 2013
Rate spike could skewer stocks, too

Interest rate spikes are looming threats to stock investors, as they could lead to higher capital costs and cut corporate margins and profits as many companies continue to suffer through sluggish sales.

By JKEPHART
The Takeaway: Hedgies now offering expert performance chasing
NEWS INDUSTRY NEWS JUN 04, 2013
The Takeaway: Hedgies now offering expert performance chasing

By Joshua Brown
NEWS INDUSTRY NEWS JUN 04, 2013
Treasury big defends Fed's policy

Miller says growing economy No. 1 priority

By Jason Kephart