Industry News

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NEWS RETIREMENT PLANNING SEP 10, 2015
Is work the new retirement?

A new study from AARP finds that one-third of Americans ages 40 to 64 anticipate that they will continue working post-retirement.

By Laura Sanicola
NEWS INDUSTRY NEWS SEP 10, 2015
Dizzying number of mobile startups may be cause for concern

About 90 mobile startups have crossed $1 billion mark, spurring talk of a bubble; overvaluations makes it harder for venture capitalists to find an exit.

By Bloomberg
Market volatility puts spotlight on tax-planning strategies
NEWS RETIREMENT PLANNING SEP 10, 2015
Market volatility puts spotlight on tax-planning strategies

With recent market swings come opportunities for advisers to lower their clients' tax bills.

By Greg Iacurci
OppenheimerFunds in deal for fund firm that creates smart-beta ETFs
NEWS ETFS SEP 10, 2015
OppenheimerFunds in deal for fund firm that creates smart-beta ETFs

VTL manages eight ETFs and $1.7 billion, is known for funds that use rule-based approaches to select stocks that may outperform the market.

By Trevor Hunnicutt
NEWS ETFS SEP 10, 2015
Vanguard, once thwarted, launches a muni-bond rival to BlackRock's iShares

A first for the mutual fund industry, and the cheapest offering in ETFs, an analyst says.

By Trevor Hunnicutt
DoubleLine's Gundlach outperforms Loomis' Fuss and Janus' Gross in recent market rout
NEWS EMERGING MARKETS SEP 10, 2015
DoubleLine's Gundlach outperforms Loomis' Fuss and Janus' Gross in recent market rout

Jeffrey Gundlach's $48.2 billion DoubleLine Total Return Bond Fund returned 0.7% over the past month while his peers showed losses.

By Bloomberg
Muni bonds are poised to shine as rates move higher
NEWS ETFS SEP 10, 2015
Muni bonds are poised to shine as rates move higher

Tax-exempt category is actually benefiting from the dark cloud hanging over it.

By Jeff Benjamin
NEWS RIAS SEP 10, 2015
AMG subsidiary acquires $7 billion RIA focused on high-net-worth clientele

Philadelphia-based myCIO Wealth Partners is latest deal in year of sky-high valuations for wealth managers.

By Trevor Hunnicutt
Retirement income innovations aim to ease longevity's strain on assets
NEWS RETIREMENT PLANNING SEP 10, 2015
Retirement income innovations aim to ease longevity's strain on assets

Planning for the spend-down phase more important than ever given the longer time horizon

By Liz Skinner
Merrill loses $800 million private banking team
NEWS WIREHOUSES SEP 09, 2015
Merrill loses $800 million private banking team

Two advisers from the elite unit broke away to start their own RIA in Texas.

By Laura Sanicola
Daily fantasy football getting better at separating players from their money
NEWS PRACTICE MANAGEMENT SEP 09, 2015
Daily fantasy football getting better at separating players from their money

September has become the biggest month for new fans trying the game, which combines the stats-jockeying of traditional fantasy contests with the thrills of old-fashioned sports betting.

By Bloomberg
NEWS INDUSTRY NEWS SEP 09, 2015
The most important lessons for investors from August's stock market mayhem

September could still be the cruelest month. Here's what you should be thinking about your investment portfolio.

By Bloomberg
NEWS RETIREMENT PLANNING SEP 09, 2015
How late-life remarriages complicate Social Security benefits

Matters can get complicated when a new spouse enters the picture.

By Mary Beth Franklin
Put your bond manager to the liquidity test
NEWS INDUSTRY NEWS SEP 09, 2015
Put your bond manager to the liquidity test

Bond market liquidity is drying up — something every investor should take seriously. But liquidity risk can also provide an additional source of returns.

By Douglas J. Peebles and Ashish Shah
NEWS FINTECH SEP 09, 2015
Big-name advisers jump into data aggregation arena to back Quovo

Ron Carson, Steve Lockshin and Marty Bicknell among those investing as the personal financial information market heats up.

By Alessandra Malito
Dynasty trust planning: A tax-efficient way to manage wealthy families' assets
NEWS OPINION SEP 09, 2015
Dynasty trust planning: A tax-efficient way to manage wealthy families' assets

It is an estate-planning tool through which a parent's or grandparent's assets can continue to grow indefinitely for future generations without being subject to gift, estate or generation-skipping transfer taxes.

By Michelle Canerday and Robert Gerber
Alex Rodriguez and the Federal Reserve rewrite history
NEWS INDUSTRY NEWS SEP 09, 2015
Alex Rodriguez and the Federal Reserve rewrite history

The baseball star and the central bank have changed their respective narratives but for the Fed, the end of the story remains murky.

By Michael Conway
NEWS FIXED INCOME SEP 09, 2015
OppenheimerFunds says Puerto Rico can pay its debts; governor says no

Puerto Rico's governor says the island's $72 billion debt load is too big to pay. OppenheimerFunds, the largest mutual-fund holder of the bonds, disagrees.

By Bloomberg
More advisers simulating SEC exams to expose gaps before regulators come knocking
NEWS RIAS SEP 09, 2015
More advisers simulating SEC exams to expose gaps before regulators come knocking

More advisers are turning to practice exams to help evaluate compliance risks and identify oversight gaps before the SEC comes knocking.

By Liz Skinner
NEWS FINTECH SEP 08, 2015
How to up your video game

Whether on camera or including graphics, videos are a way to connect with clients.

By Alessandra Malito