Industry News

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Direct-to-consumer robo-advisers that don't expand their business model face long-term head winds
NEWS FINTECH OCT 05, 2015
Direct-to-consumer robo-advisers that don't expand their business model face long-term head winds

Skeptics say the automated investment services that choose to exclusively target retail investors are finding some success, for now, but won't for too much longer.

By Alessandra Malito
NEWS EQUITIES OCT 05, 2015
What markets to watch when the Fed hands down its rate decision

<i>Breakfast with Benjamin:</i> 'The decision' for Fed on interest rates could rock these 6 markets.

By Jeff Benjamin
U.S. retirement assets flat in second quarter
NEWS RETIREMENT PLANNING OCT 04, 2015
U.S. retirement assets flat in second quarter

ICI says assets in DC plans rose slightly to $6.8 trillion, up 0.4% from the quarter ended March 31. Of that, $4.7 trillion was in 401(k) plans.

By Meaghan Kilroy
NEWS BROKER DEALERS OCT 04, 2015
Model fee disclosure misses mark

Regulators need to forget the soft stuff and tackle matters of consequence.

By MFXFeeder
Wells Fargo Advisors chief: Clients expect a more digital experience
NEWS FINTECH OCT 02, 2015
Wells Fargo Advisors chief: Clients expect a more digital experience

Clients are looking for a more digital experience in an increasingly digital world, but the advice industry hasn't kept pace with the times, according to Mary Mack, president and head of Wells Fargo Advisors.

By Greg Iacurci
Retirement specialists have outsized influence in adviser-sold DC market
NEWS RETIREMENT PLANNING OCT 02, 2015
Retirement specialists have outsized influence in adviser-sold DC market

Plan sponsors have turned to experts as they've recognized the full scope of their responsibility with respect to DC plans.

By Greg Iacurci
NEWS WIREHOUSES OCT 02, 2015
Wirehouse metrics reflect different strategies

Newly compiled <i>InvestmentNews</i> research shows how the nation's biggest brokerages rank across four key metrics.

By Ellie Zhu
NEWS FINTECH OCT 02, 2015
How to make sure your firm's data is secure in the event of an outage

Don't wait for disaster to strike &amp;mdash; be proactive in establishing a business continuity plan and protocols to secure your data

By Gregory H. Friedman
What advisers should listen for in Tuesday's Democratic presidential debate
NEWS RETIREMENT PLANNING OCT 01, 2015
What advisers should listen for in Tuesday's Democratic presidential debate

DOL fiduciary rule, taxes and Social Security are all prime subjects for discussion as five contenders look for opportunities to stand out.

By Liz Skinner
What advisers need to know when working with May-December couples
NEWS RETIREMENT PLANNING OCT 01, 2015
What advisers need to know when working with May-December couples

Six areas in which planning for couples with a wide age difference may require different financial advice.

By Laura Sanicola
A weak outlook for earnings doesn't bode well for stocks
NEWS EQUITIES OCT 01, 2015
A weak outlook for earnings doesn't bode well for stocks

<i>Breakfast with Benjamin</i>: Corporate earnings are expected to decline 4.1%, and the stock market hunkers down for a rough earnings season.

By Jeff Benjamin
Bubble? What bubble? Fed's Fischer doesn't see any
NEWS INDUSTRY NEWS OCT 01, 2015
Bubble? What bubble? Fed's Fischer doesn't see any

Federal Reserve vice chairman Stanley Fischer doesn't see immediate risks of financial bubbles but is concerned that the central bank's policy tool kit to deal with them is limited and untested.

By Bloomberg
Active fund managers took it on the chin in the third quarter
NEWS EQUITIES OCT 01, 2015
Active fund managers took it on the chin in the third quarter

<i>Breakfast with Benjamin</i>: The third quarter was not kind to active fund managers, with two-thirds unable to beat their benchmarks.

By Jeff Benjamin
When it comes to Twitter, keep messages short and to the point
NEWS FINTECH OCT 01, 2015
When it comes to Twitter, keep messages short and to the point

Talk of adding more characters to tweets is nice, but advisers should be wary.

By Alessandra Malito
NEWS FINTECH OCT 01, 2015
Former Morgan Stanley adviser in data hack case pleads guilty

Free on $200,000 bond, Galen Marsh faces as long as five years in prison when he's sentenced Dec. 7

By Bloomberg
NEWS RETIREMENT PLANNING SEP 30, 2015
More employees enroll in health savings accounts, 401(k)s

New study finds auto enrollment plans help a lot of workers as fears surrounding the financial crisis fade.

By Laura Sanicola
NEWS RETIREMENT PLANNING SEP 30, 2015
Employees enrolling in health savings accounts, 401(k)s more than ever: report

BofA study finds auto enrollment plans helping a lot but workers, particularly younger ones, are more confident as the financial crisis continues to fade.

By Laura Sanicola
NEWS RETIREMENT PLANNING SEP 30, 2015
Health care costs for retired couples climb 11% over 2014: Fidelity

65-year-old couple retiring this year should expect to spend $245,000 on health care costs, up $25K from last year.

By Laura Sanicola
NEWS INDUSTRY NEWS SEP 30, 2015
Everything you need to know about the new chip in your credit card

New technology called EMV chips makes it almost impossible to counterfeit your credit card. Here's how to use it.

By Bloomberg
NEWS RETIREMENT PLANNING SEP 30, 2015
Health benefits: Here's what you need to know to make the most of them

This is how to wade through the alphabet soup of HDHPs, HSAs, FSAs and more.

By Bloomberg