Industry News

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NEWS ALTERNATIVES DEC 14, 2014
Cheap oil no reason to abandon the energy sector, strategists say

Though the energy sector has dropped 14.6% in the past three months versus a 3.5% gain for the S&P, investing experts say the innovation potential in the sector should not be ignored.

By Jeff Benjamin
NEWS ALTERNATIVES DEC 14, 2014
Buyer beware: Liquid alts are not created equal

A world where big performance disparities are the norm

By Jeff Benjamin
NEWS WIREHOUSES DEC 12, 2014
Ex-UBS broker claims 'inhospitable work environment'

Former broker Michael Hadden says wirehouse mislabeled customers' risk tolerance when selling potentially unsuitable products

By Mason Braswell
NEWS RIAS DEC 12, 2014
Krawcheck: Wirehouses undaunted by RIA growth

Former brokerage executive Sallie Krawcheck downplayed the rise of wirehouse breakaways, telling a conference of advisers that wirehouses have more important things to worry about.

By Mason Braswell
NEWS PRACTICE MANAGEMENT DEC 12, 2014
Morgan Stanley to pay more of its bonuses upfront

The moves mark a reversal from firm's efforts to defer more pay to tie bankers to the firm and reduce immediate costs.

By Bloomberg
NEWS RETIREMENT PLANNING DEC 12, 2014
No double dipping on Social Security claiming

Each spouse gets one, but couples can exercise a combo strategy.

By Mary Beth Franklin
NEWS RETIREMENT PLANNING DEC 12, 2014
Baby boomer clients need input on medical expenses in retirement

Don't be surprised if clients seek your advice on complex health care decisions as they approach retirement.

By Craig Brimhall
NEWS RETIREMENT PLANNING DEC 12, 2014
Savings targets for retirement health care costs fall in 2014

But retirees will still need to prepare for rising health care costs in the long run, expert warns.

By Darla Mercado
NEWS RIAS DEC 12, 2014
Advisers worry about potential costs of third-party exams

Estimates range from $5,000 to $20,000; sharp opposition to Finra getting involved.

By Mark Schoeff Jr.
NEWS RIAS DEC 11, 2014
Mutual Fund Store, once skeptical of ETFs, joins the fray

RIA with $9.5 billion from ordinary people branches into the funds.

By Trevor Hunnicutt
NEWS PRACTICE MANAGEMENT DEC 11, 2014
Citigroup dealt second fine for prospectus lapses

Finra said the firm failed to deliver documents after ETFs were purchased by clients.

By Trevor Hunnicutt
NEWS RETIREMENT PLANNING DEC 11, 2014
Is Congress killing pensions?

Pooled pension plans permitted to slash benefits, setting a disturbing precedent

By Bloomberg
NEWS RETIREMENT PLANNING DEC 11, 2014
Joan Rivers' estate planning gambit: A New York state of residence

A quirk that splits Joan Rivers' state of residency and state of domicile catches estate planning experts' eyes.

By Darla Mercado
NEWS INDUSTRY NEWS DEC 11, 2014
John Bogle eats his own cooking, investing only in U.S. index funds

Legendary Vanguard founder Legendary Vanguard founder likes the 60/40 stock/bond portfolio over target-date funds

By Bloomberg
NEWS EQUITIES DEC 11, 2014
DoubleLine's Jeffrey Gundlach thinks the dollar will keep getting stronger

On Friday's <i>Breakfast with Benjamin</i>, Jeffrey Gundlach calls for more of the dollar's rally. Plus: Warren Buffett places an early bet on Hillary Clinton in 2016, bond manager urges maximum flexibility, and Robert Shiller picks stocks over houses.

By Jeff Benjamin
NEWS PRACTICE MANAGEMENT DEC 11, 2014
How to handle a scandal

Crisis triage easier when the brand is strong to begin with, experts say.

By Liz Skinner
NEWS PRACTICE MANAGEMENT DEC 10, 2014
Should your clients use prepaid college tuition plans?

As more schools sign on, guarantees and tuition cost savings attract account holders.

By Liz Skinner
NEWS INDUSTRY NEWS DEC 10, 2014
Which are cheaper, ETFs or mutual funds?

New report from Morningstar casts doubt on the relative cost advantages of popular exchange-traded funds. And there is, of course, the Vanguard effect.

By Trevor Hunnicutt
NEWS INDUSTRY NEWS DEC 10, 2014
JP Morgan

By Elizabeth MacBride
NEWS EQUITIES DEC 10, 2014
Jack Bogle recommends a firm grip on U.S. stocks

On <i>Breakfast with Benjamin</i>: Jack Bogle recommends a firm grip on U.S. stocks. Plus: The tide is turning in favor of active management, the oil-price slide is spreading across the commodities markets, and OPEC fades as a cartel.

By Jeff Benjamin