Industry News

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As Paul Ryan moves closer to speaker perch, his signature issues resonate with advisers
NEWS INDUSTRY NEWS OCT 22, 2015
As Paul Ryan moves closer to speaker perch, his signature issues resonate with advisers

The decision by Rep. Paul Ryan, R-Wisc., to run for speaker of the House has investment advisers hoping that he will help ease partisan tensions in Washington and emphasize deficit cutting.

By Mark Schoeff Jr.
NEWS RETIREMENT PLANNING OCT 22, 2015
Should you take a lump sum payout on your pension?

Consider these four things before taking that big chunk of money your former employer offers you.

By Bloomberg
NEWS RETIREMENT PLANNING OCT 22, 2015
These benefits are even more popular than raises

With wages stagnant, employers have found something else to attract and retain employees.

By Bloomberg
4 ways the Labor Department is about to rock our world
NEWS RETIREMENT PLANNING OCT 22, 2015
4 ways the Labor Department is about to rock our world

The proposed fiduciary standard will have the biggest impact since the deregulation of the securities industry a few decades ago.

By Joe Duran
SEC, Finra fine UBS $34 million over Puerto Rico funds
NEWS WIREHOUSES OCT 22, 2015
SEC, Finra fine UBS $34 million over Puerto Rico funds

Fine related to two actions from the SEC and Finra over sales of closed-end bond funds and a former broker's fraud.

By Mason Braswell
NEWS PRACTICE MANAGEMENT OCT 22, 2015
How to show clients what they're missing when they focus on products over plans

Sometimes clients need a reminder they're not investing because they want to own one of the "10 hot funds"

By crichards
Morningstar shines an ESG light on all mutual funds and ETFs
NEWS EQUITIES OCT 22, 2015
Morningstar shines an ESG light on all mutual funds and ETFs

New zero-to-100 rating would indicate the environmental, social and governance impact of a fund's holdings.

By Jeff Benjamin
Emerging markets pioneer Mark Mobius to step down as lead manager on Templeton Emerging Markets Investment Trust
NEWS EMERGING MARKETS OCT 22, 2015
Emerging markets pioneer Mark Mobius to step down as lead manager on Templeton Emerging Markets Investment Trust

Carlos Hardenberg selected as new lead manager in effort to bolster performance, which has been subpar.

By Bloomberg
NEWS RETIREMENT PLANNING OCT 21, 2015
Baby boomers, shift to 401(k)s will send megabucks to advisers by 2020

New report forecasts $1.5T will flow to defined contribution and retail investment markets.

By Greg Iacurci
NEWS INDUSTRY NEWS OCT 21, 2015
How Kubrick's '2001: A Space Odyssey' mirrors today's brokerage industry

The analogy of evolution and the shared themes of technology, human change and exploration are parallel.

By Jeffrey Anderson
Carl Icahn campaigns against corporate inversions and for himself
NEWS EQUITIES OCT 21, 2015
Carl Icahn campaigns against corporate inversions and for himself

<i>Breakfast with Benjamin</i>: Carl Icahn's smooth move to try and halt corporate inversions in the name of tax patriotism is, naturally, also pretty good for his own portfolio.

By Jeff Benjamin
NEWS RETIREMENT PLANNING OCT 21, 2015
Is it better to rent or buy?

Across the U.S., it's 23% cheaper for a young household to buy a home than to rent one. Find out where it's best to buy now.

By Bloomberg
Pension trade group believes DOL fiduciary rule is all but inevitable
NEWS RETIREMENT PLANNING OCT 21, 2015
Pension trade group believes DOL fiduciary rule is all but inevitable

American Society of Pension Professionals and Actuaries now plans to shape -- not kill -- the proposal.

By Mark Schoeff Jr.
Morgan Stanley's wealth management unit sputters in global slowdown
NEWS WIREHOUSES OCT 21, 2015
Morgan Stanley's wealth management unit sputters in global slowdown

Revenue from transactions decreased 28.5%, as skittish investors stayed away from the market.

By Bruce Kelly
Warren Buffett doesn't have time to fiddle with activist investing
NEWS EQUITIES OCT 21, 2015
Warren Buffett doesn't have time to fiddle with activist investing

<i>Breakfast with Benjamin</i>: Warren Buffett's distaste for activist investing boils down to simple math.

By Jeff Benjamin
Edelman Financial Services to be acquired by Hellman & Friedman
NEWS INDUSTRY NEWS OCT 21, 2015
Edelman Financial Services to be acquired by Hellman & Friedman

Hellman &amp; Friedman will take majority stake in financial planning firm; founder and CEO Ric Edelman remains largest individual shareholder.

By Alessandra Malito
NEWS BROKER DEALERS OCT 20, 2015
RCS Capital stock may be delisted from NYSE

Exchange warning on share price comes as Massachusetts securities cop Galvin <a href="//www.investmentnews.com/article/20151112/FREE/151119971/massachusetts-galvin-charges-realty-capital-securities-with-proxy&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">charges its wholesale brokerage, Realty Capital Securities, with proxy fraud</a>.

By Bruce Kelly
NEWS RETIREMENT PLANNING OCT 20, 2015
How to hedge against triple whammy of Medicare price hikes

These three strategies can blunt the impact of 2016 cost increases.

By Katy Votava
NEWS EQUITIES OCT 20, 2015
Results not guaranteed

<i>Breakfast with Benjamin:</i> Financial adviser Rick Kahler says advisers could lose clients who expect to be given guarantees. And that's OK.

By Jeff Benjamin
NEWS PRACTICE MANAGEMENT OCT 20, 2015
Your young clients lack self-reliance

By Bloomberg