Industry News

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Rate hike not likely before April: Federal Reserve
NEWS FIXED INCOME JAN 13, 2015
Rate hike not likely before April: Federal Reserve

Broad support for Chair Yellen's assessment of likely timing, some officials concerned inflation could remain too low.

By Bloomberg
ETF managers, bringing in historic levels of cash, still preparing for a bear
NEWS EQUITIES JAN 13, 2015
ETF managers, bringing in historic levels of cash, still preparing for a bear

As dollars in funds top $2 trillion, managers ready exotic products for a new market environment.

By Trevor Hunnicutt
The new variable and indexed annuity leaders
NEWS BROKER DEALERS JAN 13, 2015
The new variable and indexed annuity leaders

Indexed annuities continue to be popular, and Jackson National continues to dominate VA sales.

By Darla Mercado
NEWS PRACTICE MANAGEMENT JAN 13, 2015
Young advisers go from learning to doing

New employees have gained confidence, and are starting to work with clients

By Liz Skinner
NEWS RETIREMENT PLANNING JAN 12, 2015
Creative way to get clients to save more: Offer a prize

Research suggests savings increase when people are given a chance to win.

By Liz Skinner
Automated tools help you claim Social Security
NEWS RETIREMENT PLANNING JAN 12, 2015
Automated tools help you claim Social Security

LifeYield tool, offered through Quicken, is latest to target investors

By Mary Beth Franklin
Gross says Pimco fired him
NEWS INDUSTRY NEWS JAN 12, 2015
Gross says Pimco fired him

Famed bond investor was dismissed after offering to reduce his role at the firm.

By Bloomberg
NEWS RETIREMENT PLANNING JAN 12, 2015
Finding solutions to the key challenges of modern retirement

The brief golden age of retirement is over, but investing legend Charles Ellis outlines solutions to a potential crisis.

By Mary Beth Franklin
Hedge fund employees enjoy the fruits of their labor
NEWS EQUITIES JAN 12, 2015
Hedge fund employees enjoy the fruits of their labor

On Friday's <i>Breakfast with Benjamin</i>, average compensation at hedge funds remains gaudy, even with performance down. Plus: Smart beta takes another step out of the shadows, the right way to clean up your portfolio, and the new Congress sets the tone by taking an early swipe at Obamacare.

By Jeff Benjamin
Social Security's special tax rule for repaying benefits
NEWS RETIREMENT PLANNING JAN 12, 2015
Social Security's special tax rule for repaying benefits

Amount of repayment determines method.

By Mary Beth Franklin
Advisers preach calm, buckle in as markets bounce
NEWS EQUITIES JAN 12, 2015
Advisers preach calm, buckle in as markets bounce

Financial advisers aren't exactly shrugging off the recent bout of stock market volatility that has ushered in the New Year, but they're also not ready to call it the start of a much larger pullback that should be addressed with portfolio adjustments.

By Jeff Benjamin
NEWS ALTERNATIVES JAN 12, 2015
Schorsch exits key company that was part of his REIT empire

The REIT czar resigned from American Realty Capital Properties, which has lost more than a quarter of its value since <a href="//www.investmentnews.com/article/20141029/FREE/141029916/schorschs-american-realty-capital-discloses-serious-accounting&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">disclosing accounting errors.</a>

By Bruce Kelly
NEWS RETIREMENT PLANNING JAN 12, 2015
Powerful GOP senator to defend retirement tax incentives

Incoming Senate finance chairman Orrin Hatch says retirement vehicles are the 'greatest wealth creator' for the middle class, and shouldn't be part of tax reform.

By Mark Schoeff Jr.
NEWS RIAS JAN 12, 2015
Imagining the future: Exploring social and technology trends reshaping the RIA industry

By Alison &amp; Mark Gaynor
NEWS ALTERNATIVES JAN 12, 2015
Nicholas Schorsch steps back from some nontraded REITs

Nicholas Schorsch is taking a step back from the top role at three nontraded REITs he controls, handing the reins of two to his longtime investment partner. <i>See also: <a href="//www.investmentnews.com/article/20140917/INFOGRAPHIC/140919935&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">Schorsch's vast web of businesses</a></i>

By Bruce Kelly
NEWS PRACTICE MANAGEMENT JAN 12, 2015
Morgan sets sights on Schwab's financial consultants

In battle to recruit affordable talent and assets, Morgan Stanley risks legal fallout to pursue discount broker's advisers.

By Mason Braswell
NEWS PRACTICE MANAGEMENT JAN 12, 2015
Ex-Credit Suisse brokers sued over alleged theft of client data

Two advisers who had $3.5 million in production took confidential information when they moved to J.P. Morgan Securities, suit alleges.

By Mason Braswell
NEWS PRACTICE MANAGEMENT JAN 12, 2015
Wirehouses warm to bank channel recruits

Wirehouses are now focusing on a new market segment in their talent searches: bank channel recruits. Why the change in sentiment for advisers once considered too risky?

By Mason Braswell
NEWS INDUSTRY NEWS JAN 11, 2015
Vanguard opens up China exposure to investors

Other fund companies may find it difficult to match Vanguard's access to a red-hot &amp;mdash; yet volatile &amp;mdash; market.

By Trevor Hunnicutt
Your next client? Meet the six-figure skilled laborer
NEWS RETIREMENT PLANNING JAN 11, 2015
Your next client? Meet the six-figure skilled laborer

Advisers: There's a client market where your help is sorely needed &#8212; it's called skilled labor, and it could see a bump in the ranks.

By Darla Mercado