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HighTower stakes its claim to Palm Desert wealthy
NEWS RIAS JAN 24, 2012
HighTower stakes its claim to Palm Desert wealthy

With its second lift-out this year of a team of high-end financial advisers in Palm Desert, Calif., HighTower Advisors has staked a claim to one of the wealthier retirement areas in the country

By Andrew Osterland
Wirehouse market share thinning
NEWS WIREHOUSES JAN 23, 2012
Wirehouse market share thinning

Researcher says slice could dip to 35% by 2013, down from 50% in 2007; some self-pruning

By Andrew Osterland
Merrill Lynch raises the bar for its brokers
NEWS INDUSTRY NEWS JAN 23, 2012
Merrill Lynch raises the bar for its brokers

The annual tweaking of the compensation grids for financial advisers at Bank of America Merrill Lynch could have a substantial impact on broker trainees, small-market advisers and low-end producers at the firm.

By Andrew Osterland
NEWS INDUSTRY NEWS JAN 22, 2012
Third-quarter weak for wealth division at Wells Fargo

By Bloomberg
NEWS RIAS JAN 22, 2012
Massachusetts lays out social media do's, don'ts

By Liz Skinner
Rally ho? Biggs big on U.S. stocks
NEWS INDUSTRY NEWS JAN 20, 2012
Rally ho? Biggs big on U.S. stocks

Famed investor sees potential for substantial run-up in equities; 'terrified I'm not long enough'

By John Goff
NEWS RETIREMENT PLANNING JAN 20, 2012
Buzz: Sandy Weill sells his NYC apartment for jaw-dropping sum

Central Park West penthouse listed at nearly $90M; Russian billionaire seen as buyer

By John Goff
INsider: At current rates, money fund investors will double their money — in 2,000 years
NEWS RETIREMENT PLANNING JAN 20, 2012
INsider: At current rates, money fund investors will double their money — in 2,000 years

The question: Are such puny yields worth it when money isn't FDIC-insured?

By Bloomberg
Nouriel Roubini issues 'perfect storm' warning for stocks
NEWS INDUSTRY NEWS JAN 20, 2012
Nouriel Roubini issues 'perfect storm' warning for stocks

Nouriel Roubini has once again issued a chilling forecast, saying a 'perfect storm' coming together in the next two years could zap the global economy -- and with it, global stock markets. Has he got it right?

By John Goff
Safety first, as advisers piled into fixed-income ETFs in '11
NEWS RIAS JAN 19, 2012
Safety first, as advisers piled into fixed-income ETFs in '11

Slowly but surely, advisers are becoming more comfortable with exchange-traded funds. Not surprisingly, Charles Schwab says fixed-income ETFs were the clear favorites of RIAs in 2011.

By Jason Kephart
NEWS INDUSTRY NEWS JAN 19, 2012
Buffett no match for S&P 500 in 2011

Warren E. Buffett, the billionaire investor known for his record of beating the market when stocks languish, oversaw a decline in his company's value last year as the S&P 500 ended unchanged.

By Mark Bruno
IRS audits of millionaires at all-time high of 12.5%
NEWS RIAS JAN 19, 2012
IRS audits of millionaires at all-time high of 12.5%

The U.S. Internal Revenue Service said it audited 12.48% of individual tax returns with income exceeding $1 million during 2011, an all-time high.

By Doug Cubberley
NEWS INDUSTRY NEWS JAN 19, 2012
CapWest is shutting doors

CapWest Securities Inc. last week filed its broker-dealer withdrawal papers with the Financial Industry Regulatory Authority Inc.

By Bruce Kelly
Students' council: Go to college now, pay for it later
NEWS RETIREMENT PLANNING JAN 18, 2012
Students' council: Go to college now, pay for it later

University of California undergrads propose 20-year tuition plan; five percent solution?

By Bloomberg
California Dems eye college fees that are up 145% since 2004
NEWS RETIREMENT PLANNING JAN 18, 2012
California Dems eye college fees that are up 145% since 2004

Look to end tax loophole for businesses, use proceeds to provide more financial aid to students

By John Goff
Student loans the 'next debt bomb' for U.S., attorneys warn
NEWS RETIREMENT PLANNING JAN 18, 2012
Student loans the 'next debt bomb' for U.S., attorneys warn

Courts reluctant to discharge loans, often forcing graduates to pay off enormous sums; parents increasingly on the hook, too

By Bloomberg
Ivy League school rolls out largest tuition hike in six years
NEWS RETIREMENT PLANNING JAN 18, 2012
Ivy League school rolls out largest tuition hike in six years

CPI up 3 percent, but Princeton raises prices by nearly 5 percent

By John Goff
NEWS INDUSTRY NEWS JAN 18, 2012
Go ahead, soak the rich

Millionaires overwhelmingly support the Buffett tax on the wealthy. The catch? Millionaires also say they're not wealthy -- and therefore should not be hit with the surcharge.| <b>Extra</b> <a href=http://edit.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20120112&amp;Category=FREE&amp;ArtNo=112009999&amp;Ref=PH>10 worst states for retirement &amp;raquo;</a>

By John Goff
TD Ameritrade rakes in $10.2B in net new assets in the fourth quarter
NEWS INDUSTRY NEWS JAN 18, 2012
TD Ameritrade rakes in $10.2B in net new assets in the fourth quarter

TD Ameritrade Institutional is helping its parent company bring in higher levels of net new assets.

By Dan Jamieson
NEWS RIAS JAN 18, 2012
A call for responsible social-media usage

By MFXFeeder