Industry News

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Guggenheim adds real estate to its smart beta lineup
NEWS ALTERNATIVES AUG 20, 2015
Guggenheim adds real estate to its smart beta lineup

First ETF to offer equal-weighted exposure to a REIT index.

By Jeff Benjamin
NEWS RIAS AUG 20, 2015
Advisers' deaths without transition plans force custodians into action

Custodians are stepping up their game at the same time regulators are putting an emphasis on business continuity and succession

By Mark Schoeff Jr.
NEWS RETIREMENT PLANNING AUG 19, 2015
Labor Department gets state-based auto-IRA rule plans together

Once approved by the Office of Management and Budget, a proposed rule is expected to be issued by the end of the year.

By Hazel Bradford
EBRI hires Mercer partner Conaway to replace Salisbury as CEO
NEWS RETIREMENT PLANNING AUG 19, 2015
EBRI hires Mercer partner Conaway to replace Salisbury as CEO

New executive will leave consulting firm at end of September; has been on benefits research firm's board for more than a decade.

By Rob Kozlowski
NEWS RETIREMENT PLANNING AUG 19, 2015
How you should react to the IRS data breach

The number of citizens exposed in the tax hack reportedly triples. What if you were a victim of the cyber-crime?

By Liz Skinner
Investors trimming bets on September interest rate hike
NEWS ALTERNATIVES AUG 19, 2015
Investors trimming bets on September interest rate hike

Options prices indicate skepticism but Pimco says Federal Reserve's rate increase bar is 'fairly low.'

By Bloomberg
NEWS EQUITIES AUG 19, 2015
The Fed's quantitative easing experiment gets a failing grade

<i>Breakfast with Benjamin:</i> A Fed official put some of the central bank's post-financial crisis actions under a magnifying glass and found they have done little to boost the economy.

By Jeff Benjamin
Biggest factors impacting what you pay for college
NEWS INDUSTRY NEWS AUG 19, 2015
Biggest factors impacting what you pay for college

Consider expenses beyond the sticker price to determine what a higher education will really cost.

By Troy Onink
Delaying Social Security may boost Medicare costs
NEWS RETIREMENT PLANNING AUG 19, 2015
Delaying Social Security may boost Medicare costs

Clients who elected to file and suspend their Social Security benefits will be hit with a big Medicare Part B increase next year but don't panic. Delaying is still a good strategy.

By Mary Beth Franklin
NEWS RIAS AUG 18, 2015
Eaton Vance's NextShares gets its first custodian on board

FOLIOfn Investments said it plans to offer the exchange-traded managed funds when they start trading.

By Trevor Hunnicutt
Third time lucky for ETF entrepreneur with cybersecurity fund
NEWS FINTECH AUG 18, 2015
Third time lucky for ETF entrepreneur with cybersecurity fund

Timing is key as fund, with the ticker symbol HACK, launched just before the Sony Pictures computer network was broken into.

By Bloomberg
NEWS INDUSTRY NEWS AUG 18, 2015
Is Tesla's stock about to double?

One analyst has increased the company's price target to $465 from $280 amid reports it plans to jump into the shared mobility market.

By Bloomberg
Precidian goes back to SEC for approval of active ETF plan
NEWS ETFS AUG 18, 2015
Precidian goes back to SEC for approval of active ETF plan

A proposal designed to put actively managed products on par with index funds in the ETF universe by allowing their holdings to be non-transparent is going back in front of securities regulators.

By Trevor Hunnicutt
Then and now: A look back at Social Security's 80-year history
NEWS RETIREMENT PLANNING AUG 18, 2015
Then and now: A look back at Social Security's 80-year history

The program's anniversary underscores its crucial role in retirement security.

By Mary Beth Franklin
LPL sets lofty goal for more automated operations processes
NEWS FINTECH AUG 18, 2015
LPL sets lofty goal for more automated operations processes

The company aims to ramp up its level of automation from 15% to 85% within the next few years.

By Alessandra Malito
NEWS INDUSTRY NEWS AUG 18, 2015
Why even the wealthiest people need to keep up with their credit reports

There's much to gain from looking over your credit reports regularly, no matter how rich you may be.

By Neal Frankle
NEWS TAX AUG 18, 2015
Wealthy want more than a tax break from charitable donations

Wealthy Americans think more strategically about their charitable gifting than one might expect. About three-quarters of donors in a new survey said driving forces included an interest in lowering capital gains taxes or being able to give more to charities by using donor advised funds.

By Liz Skinner
NEWS BROKER DEALERS AUG 18, 2015
Stifel deal for Barclays unit would amp up ambitions to attract elite advisers

An acquisition of Barclays' U.S. wealth unit would add $47 billion in assets and 249 advisers who focus on ultrahigh-net-worth clients, filling a gap in Stifel Financial CEO Ron Kruszewski's advisory business.

By Trevor Hunnicutt
Identity theft hits home
NEWS OPINION AUG 18, 2015
Identity theft hits home

Here's what one adviser did after her son had his identity stolen.

By Sheryl Rowling
NEWS RETIREMENT PLANNING AUG 17, 2015
Don't wait 'til year-end to focus on tax-management strategies

Take action now and proactively follow these tax tips rather than waiting until it's too late.

By Joyce Schnur