Industry News

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Investors thinking about retirement should understand BDCs
NEWS OPINION JAN 22, 2016
Investors thinking about retirement should understand BDCs

Traditional fixed-income holdings, such as bond funds, may not provide enough meaningful income as historically low interest rates have limited the yields available to investors.

By Michael Kelly
NEWS TAX JAN 21, 2016
World leaders hid wealth via shell companies: report

Leaked files from a Panama law firm that creates shell companies show that politicians, criminals and celebrities worldwide have used banks and shadow companies to hide their finances, according to a new report.

By Bloomberg
Bear market ahead? Here's what to expect
NEWS INDUSTRY NEWS JAN 21, 2016
Bear market ahead? Here's what to expect

After taking another five months to bottom out, stocks could take two years to regain their previous highs, according to one expert.

By John Waggoner
Fidelity now wants workers' health insurance
NEWS RETIREMENT PLANNING JAN 21, 2016
Fidelity now wants workers' health insurance

By Bloomberg
$1B Colorado-based RIA merges with $250M firm
NEWS RIAS JAN 21, 2016
$1B Colorado-based RIA merges with $250M firm

Deal brings two firms together to serve northern Colorado and 25 other states.

By Alessandra Malito
This app can help advisers better broadcast messages to clients
NEWS FINTECH JAN 21, 2016
This app can help advisers better broadcast messages to clients

Periscope offers a way for advisers to Tweet with video rather than just words and photos.

By Sheryl Rowling
Raymond James Financial to acquire Deutsche Bank's U.S. private client business
NEWS INDUSTRY NEWS JAN 21, 2016
Raymond James Financial to acquire Deutsche Bank's U.S. private client business

Deutsche Bank agreed to sell its U.S. private-client services unit to Raymond James Financial Inc. in a deal that involves 200 advisers and 400 support staff for the IBD.

By Bloomberg
Are you using the wrong account to save for retirement?
NEWS RETIREMENT PLANNING JAN 20, 2016
Are you using the wrong account to save for retirement?

Provocative article suggests health savings accounts may top 401(k) plans as wealth accumulation vehicle.

By Mary Beth Franklin
NEWS RIAS JAN 20, 2016
Biggest billion-dollar adviser moves since 2011

Over the past five years, big advisers moves picked up steam toward the end of 2015.

By Ellie Zhu
NEWS EMERGING MARKETS JAN 20, 2016
Bond funds offer some comfort in stock rout

You may never have thought that your clients would thank you for putting them into bond funds – until now.

By John Waggoner
NEWS RETIREMENT PLANNING JAN 20, 2016
Social Security claiming questions persist

The Social Security Administration still has not provided official guidance on coming changes.

By Mary Beth Franklin
RIA deal mania and why you should care
NEWS RIAS JAN 20, 2016
RIA deal mania and why you should care

Three big deals this year mark an important inflection point as big investors place major bets on the industry.

By Joe Duran
Moody's puts 175 ratings on review for possible downgrade after commodities rout
NEWS FIXED INCOME JAN 19, 2016
Moody's puts 175 ratings on review for possible downgrade after commodities rout

Royal Dutch Shell, Total SA and BP, Europe's three biggest oil producers, were among 175 energy and mining companies whose credit ratings were placed on review for possible downgrade by Moody's Investors Service after cutting its forecasts for crude prices.

By wsiew
NEWS EMERGING MARKETS JAN 19, 2016
The world is increasing its focus on China's currency devaluation

<i>Breakfast with Benjamin</i> The world is increasing its focus on China's currency devaluation, but it's key to keep the yuan in perspective.

By Jeff Benjamin
U.S. stocks close lower after late-day rally
NEWS EQUITIES JAN 19, 2016
U.S. stocks close lower after late-day rally

Equities surged back to pare the biggest one-day selloff in five months.

By Bloomberg
Investors are fixated on the stock market's August lows
NEWS INDUSTRY NEWS JAN 19, 2016
Investors are fixated on the stock market's August lows

<i>Breakfast with Benjamin</i> Investors are now obsessed with the stock market's dreaded August bottom. But then what?

By Jeff Benjamin
NEWS RETIREMENT PLANNING JAN 19, 2016
How reverse mortgages can help stave off Medicare surcharges

There are several retirement-income planning options to consider that can help people save their hard-earned nest egg dollars.

By Katy Votava
Stock market slide has financial advisers buying low, rebalancing
NEWS EQUITIES JAN 19, 2016
Stock market slide has financial advisers buying low, rebalancing

Though most aren't ready to call a bottom, many are taking advantage of the pullbacks.

By Jeff Benjamin
How reverse mortgages can help stave off Medicare surcharges
NEWS RETIREMENT PLANNING JAN 19, 2016
How reverse mortgages can help stave off Medicare surcharges

By Katy Votava
Emerging markets now in bear territory
NEWS EMERGING MARKETS JAN 19, 2016
Emerging markets now in bear territory

Emerging markets funds are in a bear market. If you've put your clients in such a fund, the thing to do is keep your expenses low and explain your strategy carefully to clients.

By John Waggoner