Industry News

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Economic turmoil challenges FIRE followers
NEWS INDUSTRY NEWS APR 06, 2020
Economic turmoil challenges FIRE followers

The market sell-off means early retirees may find their finances strained

By Bloomberg
NEWS INDUSTRY NEWS APR 04, 2020
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By InvestmentNews
Current crisis could damage retirement security in long run
NEWS OPINION APR 04, 2020
Current crisis could damage retirement security in long run

Markets and the economy seem to be conspiring to shrink nest eggs

By InvestmentNews
IBDs face hard times in 2020
NEWS BROKER DEALERS APR 03, 2020
IBDs face hard times in 2020

A decline in assets and cuts to interest rates spell a sharp hit to IBD revenue this year

By Bruce Kelly
Private equity owners of IBDs will be tested during the downturn
NEWS ALTERNATIVES APR 03, 2020
Private equity owners of IBDs will be tested during the downturn

How will they hold up as they deal with the fallout from COVID-19?

By Bruce Kelly
Cambridge lands $1.5 billion branch from Advisor Group
NEWS BROKER DEALERS APR 03, 2020
Cambridge lands $1.5 billion branch from Advisor Group

Cooper McManus Wealth Management has 50 advisers in its network nationwide

By Bruce Kelly
State regulators concerned about impact of COVID-19 on private markets
NEWS ALTERNATIVES APR 03, 2020
State regulators concerned about impact of COVID-19 on private markets

NJ securities chief warns that private placements may be used for virus-related frauds

By Mark Schoeff Jr.
Massachusetts slaps Janney Montgomery Scott with $286,000 fine
NEWS BROKER DEALERS APR 03, 2020
Massachusetts slaps Janney Montgomery Scott with $286,000 fine

State regulators said the firm did little to stop a broker from short-term trading in mutual funds with front-loaded fees

By InvestmentNews
Money funds just had their biggest month ever
NEWS MUTUAL FUNDS APR 03, 2020
Money funds just had their biggest month ever

Investors seeking a safe place for cash put a record $790 billion into government money-market funds in March, according to Crane Data

By Emile Hallez
3 Questions: COVID-19’s impact on annuities
NEWS RETIREMENT PLANNING APR 03, 2020
3 Questions: COVID-19’s impact on annuities

Retirement reporter Emile Hallez talks about his cover story on how the pandemic changes the market outlook for annuities

By InvestmentNews
What advisers should be saying to clients during this black swan event
NEWS OPINION APR 03, 2020
What advisers should be saying to clients during this black swan event

Major market downturns give financial advisers an opportunity to show their clients the value of their expertise and advice

By Larry Adam
Virus outbreak pounds those without rainy day funds
NEWS REGULATION AND LEGISLATION APR 03, 2020
Virus outbreak pounds those without rainy day funds

Only 21 states require high school students take a personal finance course

By Mark Schoeff Jr.
What firms need to know about M&A in today's landscape
NEWS OPINION APR 03, 2020
What firms need to know about M&A in today's landscape

While the factors driving deals remain the same, the uncertainty could affect the number of deals near-term, and there's been a shift in the balance of negotiating power

By Scott Slater
SEC maintains deadline for Reg BI
NEWS PRACTICE MANAGEMENT APR 02, 2020
SEC maintains deadline for Reg BI

The major investment-advice rule remains on track despite calls to delay implementation amid the COVID-19 crisis

By Mark Schoeff Jr.
Market plunge chops pension funding by 9%
NEWS RETIREMENT PLANNING APR 02, 2020
Market plunge chops pension funding by 9%

The sell-off in response to the pandemic has hit some industries' pensions plans, such as airlines', harder than others, two reports suggest

By Emile Hallez
ETrade still a sweet fit for Morgan Stanley: Gorman
NEWS WIREHOUSES APR 02, 2020
ETrade still a sweet fit for Morgan Stanley: Gorman

The bank's CEO remains optimistic about the acquisition despite the COVID-19 crisis

By Bruce Kelly
Navigating 2020: Pandemic lessons from Asia and Europe
NEWS INDUSTRY NEWS APR 02, 2020
Navigating 2020: Pandemic lessons from Asia and Europe

Senior wealth managers from Asia, Europe and the US share insights on dealing with the phases of this pandemic.

By InvestmentNews
3 Questions: Markets and music with Josh Brown
NEWS INDUSTRY NEWS APR 02, 2020
3 Questions: Markets and music with Josh Brown

The CEO of Ritholtz Wealth Management talks about where markets are headed

By InvestmentNews
Former Morgan Stanley rep fined over expense improprieties
NEWS REGULATION AND LEGISLATION APR 02, 2020
Former Morgan Stanley rep fined over expense improprieties

Finra suspends Jacqueline Jacobsen for six months and fines her $5,000

By InvestmentNews
'Fired' by Trump in 2005, ex-LPL adviser is suspended by Finra
NEWS BROKER DEALERS APR 02, 2020
'Fired' by Trump in 2005, ex-LPL adviser is suspended by Finra

Mark Lamkin borrowed $1.3 million from a client and didn't disclose it, according to the regulator

By Bruce Kelly