Industry News

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NEWS ETFS MAY 16, 2016
Oppenheimer's shuttered fund spotlights challenges for commodity strategies

Investors and money managers caught off guard by commodity markets.

By Jeff Benjamin
Putnam Voyager mutual fund takes its last journey
NEWS MUTUAL FUNDS MAY 16, 2016
Putnam Voyager mutual fund takes its last journey

The $3.2 billion fund, launched in 1969, will be merged into smaller large-cap growth fund.

By John Waggoner
Advisers need to adapt to DOL fiduciary rule or risk getting left behind
NEWS FINTECH MAY 16, 2016
Advisers need to adapt to DOL fiduciary rule or risk getting left behind

The retirement-services space has reached the point of creative destruction, where innovation eliminates old businesses and creates new ones.

By Bob Ward
Advisers need to talk clients off the ledge when it comes to impractical investments
NEWS PRACTICE MANAGEMENT MAY 16, 2016
Advisers need to talk clients off the ledge when it comes to impractical investments

Have conversations with clients about how investment decisions should be based on data and evidence.

By Carl Richards
Elder financial abuse grows more prevalent in annuity, life insurance products
NEWS RETIREMENT PLANNING MAY 16, 2016
Elder financial abuse grows more prevalent in annuity, life insurance products

Insurance products represent a huge pot of money for fraudsters as baby boomers retire at a rapid clip

By Greg Iacurci
The health care tab for a retired couple will be $567,903 — and that's if you're healthy: study
NEWS RETIREMENT PLANNING MAY 15, 2016
The health care tab for a retired couple will be $567,903 — and that's if you're healthy: study

The average, healthy 65-year-old couple who wants to retire probably has larger health care costs than you think.

By Bloomberg
NEWS RETIREMENT PLANNING MAY 15, 2016
Steering clear of estate food fights

When Father Time catches up to clients, it's hard to tell the exact moment when one may be most vulnerable to abuse.

By MFXFeeder
NEWS PRACTICE MANAGEMENT MAY 15, 2016
Women, money and investing

By Ellie Zhu
NEWS FIXED INCOME MAY 15, 2016
Survey of 50 states shows 'stable' finances, for most

By John Waggoner
NEWS EQUITIES MAY 13, 2016
DOL fiduciary rule trips up robo efforts at BlackRock, Schwab

Plus: Measuring Jim Cramer's performance, personal finance myths, and Social Security misconceptions

By Jeff Benjamin
KeyCorp names Joe Calabrese investments head as wealth unit expands
NEWS INDUSTRY NEWS MAY 13, 2016
KeyCorp names Joe Calabrese investments head as wealth unit expands

By Bloomberg
Take 5: Allianz's El-Erian says Hillary Clinton has best economic plan
NEWS EQUITIES MAY 13, 2016
Take 5: Allianz's El-Erian says Hillary Clinton has best economic plan

Five candid responses on the Fed, the economy, and how to invest $1 million

By Jeff Benjamin
NEWS EQUITIES MAY 13, 2016
What's driving the decade of outflows from actively managed mutual funds

Much of the movement away has been led by advisers looking for cheaper and easier ways to build client portfolios.

By Jeff Benjamin
NEWS BROKER DEALERS MAY 13, 2016
The LPL stock buyback that launched a lawsuit

Chairman and CEO Mark Casady downplays the timing and execution of 4.3 million share buyback

By Bruce Kelly
Many Americans still clueless about 529 plans
NEWS RETIREMENT PLANNING MAY 12, 2016
Many Americans still clueless about 529 plans

About 72% of Americans cannot identify the savings plans as being for college savings, a new survey shows.

By Liz Skinner
Columbia Threadneedle to buy Emerging Global Advisors
NEWS EMERGING MARKETS MAY 12, 2016
Columbia Threadneedle to buy Emerging Global Advisors

EGA is a provider of emerging markets smart-beta funds.

By John Waggoner
NEWS RETIREMENT PLANNING MAY 12, 2016
Donald Trump's focus on U.S. debt could hurt retirement accounts

Plus: Hedge fund manager still raking in the big bucks, another Bernie Sanders gaff, and making sense of smart beta

By Jeff Benjamin
Former Wells Fargo broker agrees to Finra ban
NEWS REGULATION AND LEGISLATION MAY 12, 2016
Former Wells Fargo broker agrees to Finra ban

Christopher Pierce allegedly stole from customers at Wells Fargo Bank

By Christine Idzelis
How to become a Social Security expert
NEWS RETIREMENT PLANNING MAY 12, 2016
How to become a Social Security expert

Training programs available for various levels of experience and interest.

By Mary Beth Franklin
Financial advisers unfazed by a possible Donald Trump presidency
NEWS REGULATION AND LEGISLATION MAY 12, 2016
Financial advisers unfazed by a possible Donald Trump presidency

At the moment, however, many advisers are taking a wait-and-see position.

By John Waggoner