Industry News

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NEWS RIAS SEP 06, 2011
The future? Gen X DIY investors trounced advisers in 2010

Generation X investors who handle their own portfolios trounced advisers last year. This does not necessarily bode well for the future of the business.

By Lavonne Kuykendall
Gen X/Y: Advisers just don't understand
NEWS RIAS SEP 06, 2011
Gen X/Y: Advisers just don't understand

By Anya Khalamayzer
Bearish hedge fund bets may send U.S. stocks lower: BofA analyst
NEWS ALTERNATIVES SEP 04, 2011
Bearish hedge fund bets may send U.S. stocks lower: BofA analyst

U.S. stocks are likely to extend declines because hedge funds have leeway to boost bets against the world's largest equity market, according to Bank of America Corp.'s Mary Ann Bartels.

By Doug Cubberley
NEWS RETIREMENT PLANNING SEP 04, 2011
The importance of 'stopping and smelling the roses'

For adviser Brian Fenn, the horrific events of 9/11 provided affirmation that he was on the right track with his planning practice

By Dan Jamieson
NEWS RETIREMENT PLANNING SEP 04, 2011
Even after a relocation to Midtown, the memory of a tragedy persists

Despite the passage of 10 years and a move to another part of New York, the Sept. 11, 2001, terrorist attacks are never far from financial adviser Lewis J. Altfest's mind

By Lavonne Kuykendall
NEWS INDUSTRY NEWS SEP 04, 2011
Comfortable investors now anxious

“I think for me, it was kind of a wake-up call,” Jay Healy, president of Century Wealth Management LLC, said of the events of 9/11

By Dan Jamieson
NEWS INDUSTRY NEWS SEP 04, 2011
A decade of change for wealth managers

Bill McMahon was on the 69th floor of 2 World Trade Center — the South Tower — when the first plane hit the North Tower at 8:46 a.m. on Sept. 11, 2001

By Andrew Osterland
NEWS BROKER DEALERS SEP 04, 2011
When the unthinkable became the thinkable

When Roger Monteforte saw the flaming wreckage of the first plane in the side of the World Trade Center's North Tower 10 years ago, he knew instantly that initial news reports of a small plane hitting the tower were wrong

By Bruce Kelly
NEWS INDUSTRY NEWS SEP 04, 2011
Media revolution changed markets

Mike McGervey recalls the utter surprise of it all

By Liz Skinner
NEWS RIAS SEP 04, 2011
Learning to 'plan for the worst' and 'hope for the best'

Ten years hasn't diminished the vivid memories of 9/11 for Paul Schatz, president of Heritage Capital LLC, a $110 million advisory firm based in Woodbridge, Conn.

By Jeff Benjamin
NEWS RIAS SEP 04, 2011
Palladiem is new venue for Lockwood veterans

A team of veterans from well-known Lockwood Advisors Inc. is creating a registered investment advisory firm that will create customized investment strategies and services for independent financial advisers, broker-dealers and institutions

By Bruce Kelly
S&P 500 sees best eight-day stretch since 2009
NEWS INDUSTRY NEWS SEP 02, 2011
S&P 500 sees best eight-day stretch since 2009

For now, investors appear to think the market is oversold -- and the economy is underesold

By John Goff
If S&P 500 rally falls short of 1,205, watch out
NEWS INDUSTRY NEWS SEP 02, 2011
If S&P 500 rally falls short of 1,205, watch out

Market falling to hit that technical level could trigger wholesale sell-off; 'Katie bar the door'

By Dan Jamieson
NEWS RETIREMENT PLANNING SEP 02, 2011
Family offices see relative surge in assets

Family offices saw a relatively large surge in assets in 2010. And that figure will likely be getting bigger with billionaire George Soros getting out of the hedge fund business to manage his family's money | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20110809&amp;Category=FREE&amp;ArtNo=809009999&amp;Ref=PH>Top 10 family offices

By John Goff
NEWS LIFE INSURANCE AND ANNUITIES SEP 02, 2011
Gross back into Treasuries in a big way

Up Total Return Funds holdings in U.S. debt to 10%; backs off cash, money-market funds

By John Goff
NEWS INDUSTRY NEWS SEP 02, 2011
How clearing and custody firms are taking new regs head-on

By Dan Jamieson
NEWS INDUSTRY NEWS SEP 02, 2011
LPL ramping up clearing business

LPL Investment Holdings Inc. last month proved it wants to be a serious player in the clearing services business by hiring one of the most respected names in the industry to head the unit.

By Bruce Kelly
This unusual asset hailed as better investment than stocks, oil or gold
NEWS INDUSTRY NEWS SEP 01, 2011
This unusual asset hailed as better investment than stocks, oil or gold

No checkered performance for taxi medallions over the past two decades; investors pooling funds to get in on the action

By John Goff
Ex-con builds cult following blogging about investments
NEWS INDUSTRY NEWS SEP 01, 2011
Ex-con builds cult following blogging about investments

Armstrong spent 11 years in jail for covering up losses at his firm; stash of gold all gone?

By John Goff
No room at the inn as storage shortage strikes gold trade
NEWS INDUSTRY NEWS SEP 01, 2011
No room at the inn as storage shortage strikes gold trade

Bullion vaults hit ceiling amid fevered demand; take it out of the ground, put it back in the ground

By John Goff