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Schwab offers more details about Intelligent Integration, other tech projects
NEWS RIAS NOV 12, 2010
Schwab offers more details about Intelligent Integration, other tech projects

The Charles Schwab Corp. made several technology announcements this morning at its annual Impact conference in Boston.

By Davis Janowski
NEWS RETIREMENT PLANNING NOV 12, 2010
CFPs face fee hike — and are loving it

Generally speaking, financial advisers aren't exactly overjoyed when one of their industry associations raises its dues

By Mark Schoeff Jr.
NEWS INDUSTRY NEWS NOV 12, 2010
Adviser trust biz at Schwab reaches $1B milestone

By Dan Jamieson
NEWS INDUSTRY NEWS NOV 12, 2010
IN's Cooper: Market structure? What market structure?

The core question is simple: What's the best way to structure the mechanism by which people trade stocks?

By Bloomberg
NEWS MUTUAL FUNDS NOV 12, 2010
OpINion Online: An end to 12(b)-1 fees? Hurray!

If you ever wanted proof that rational economic man is a myth, look no further than the pricing of financial services.

By Evan Cooper
Ex-Merrill brokers hit BofA with claim over $3M in pay
NEWS INDUSTRY NEWS NOV 11, 2010
Ex-Merrill brokers hit BofA with claim over $3M in pay

Four former Merrill Lynch brokers in Chicago are pressing their ex-employer, now owned by Bank of America Corp., to pay about $3 million in compensation they argue is owed to them.

By Lynne Marek
NEWS RETIREMENT PLANNING NOV 11, 2010
Moody's downgrades John Hancock Life on LTC worries

Moody's Investors Service late yesterday downgraded John Hancock Life Insurance Co. (USA)'s insurance financial strength ratings, citing problems in the carrier's long-term-care insurance business.

By Darla Mercado
NEWS INDUSTRY NEWS NOV 11, 2010
Rearrange retirement portfolios to save on taxes

Financial adviser Chris Hobart admits that congressional inaction on tax laws had him in “handcuffs,” but he's determined to cast off the shackles and take control

By Nancy Mandell
Merrill Lynch added 198 advisers, saw production levels rise in 3Q
NEWS PRACTICE MANAGEMENT NOV 11, 2010
Merrill Lynch added 198 advisers, saw production levels rise in 3Q

While Bank of America Corp. reported a $7.3 billion loss for the third quarter, the behemoth banking institution's financial advisers saw some improvement in their business in that time.

By Staff Report
NEWS INDUSTRY NEWS NOV 11, 2010
Incite: All we are saying is give Fuld a chance

The former Lehman boss would make a swell replacement for Larry Summers; Cayne, Greenberg, O'Neal possibles, too

By Bloomberg
NEWS INDUSTRY NEWS NOV 11, 2010
Jeremy Grantham: Recommendations for the upcoming period of deflation

<i>The following is an excerpt from the quarterly outlook of Jeremy Grantham, co-founder of $94 billion money manager Grantham, Mayo &amp; Van Otterloo LLC. To read the full quarterly commentary, <a href=http://www.gmo.com/websitecontent/JGLetter_SummerEssays_2Q10.pdf>click here. </a></i>

By Jeremy Grantham
NEWS INDUSTRY NEWS NOV 11, 2010
Brokers, banks gone 'rogue,' says Jeremy Grantham

Co-founder of GMO also slams money management and financial advice firms. 'We have made no fight as we slid down the rathole.'

By Aaron Elstein
CFP Board OK's fee hike for controversial ad campaign
NEWS INDUSTRY NEWS NOV 10, 2010
CFP Board OK's fee hike for controversial ad campaign

Despite criticism from some members, the CFP Board has OK'd a fee hike to pay for a $36 million marketing campaign | <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Avis=CI&amp;Dato=20101112&amp;Kategori=FREE&amp;Lopenr=111209999&amp;Ref=PH>Advisers sound off</a>

By Mark Schoeff Jr.
Wealthiest people buy least-structured products
NEWS RETIREMENT PLANNING NOV 10, 2010
Wealthiest people buy least-structured products

The wealthiest investors in the U.S. put less of their holdings into structured products than the less affluent, according to a study commissioned by the Securities Industry and Financial Markets Association.

By Mark Bruno
NEWS INDUSTRY NEWS NOV 10, 2010
INcite: Hooters busts myth that deflation is temporary

Company's launch in Japan shows that consumers' mindsets have changed radically; rush to the bottom

By Bloomberg
NEWS FIXED INCOME NOV 10, 2010
Bond outlook: Where to find yield in the 4Q

Solid results from the fixed income markets in 3Q mask the fact that it was yet another roller coaster quarter within another volatile year

By mlanche
NEWS LIFE INSURANCE AND ANNUITIES NOV 10, 2010
Insurers rethink fixed-annuity businesses

A one-two punch of tougher annuity regulations and low interest rates will continue to force insurers to rethink their fixed-annuity operations &#8212; and push some out of the market altogether &#8212; experts predict

By Darla Mercado
NEWS RETIREMENT PLANNING NOV 10, 2010
Insurance pros pitch annuities as antidote to market downturns

After seeing their retirement savings devastated by the financial crisis, Americans may be more open to annuities as a way to ensure an income stream and protect against market downturns, according to an insurance industry leader.

By Mark Schoeff Jr.
NEWS INDUSTRY NEWS NOV 10, 2010
Schwab beats estimates, but advisers see drop-off in inflows

Charles Schwab Corp., the largest independent brokerage by client assets, reported a third-quarter profit that beat the average analyst estimate. Net new assets coming into the brokerage's Advisor Services unit tailed off in the third quarter, however.

By Dan Jamieson
NEWS RIAS NOV 10, 2010
Sale of Sanders Morris Harris unit clears way for deal with Fletcher

Wealth management company Sanders Morris Harris Group Inc. said Monday that it closed on the sale of its primary capital markets division to Madison Williams Capital LLC.

By Associated Press