Industry News

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NEWS FIXED INCOME JUL 22, 2014
Gundlach not buying the housing recovery

For star bond manager Jeffrey Gundlach, the U.S. housing recovery isn't very rosy and so he's avoiding subprime debt despite its big rally in 2013.

By Gregory Crawford
NEWS RETIREMENT PLANNING JUL 21, 2014
To raise real estate values, some cities turn to fakery

From Campden to Cleveland, cities are going after their poorest neighborhoods with a highly skilled paintbrush.

By Elizabeth MacBride
NEWS INDUSTRY NEWS JUL 21, 2014
When it comes to private equity investing, which counts more — being rich or smart?

Op-Ed: Increasing the net-worth threshold to account for inflation would be a minimum step toward updating the definition of an accredited investor.

By MFXFeeder
NEWS RETIREMENT PLANNING JUL 21, 2014
Create an estate plan for your digital assets

Your followers are worth something. One important question to consider: What did you sign away when you agreed to the terms of service with a company such as Facebook or Twitter?

By Darla Mercado
NEWS LIFE INSURANCE AND ANNUITIES JUL 21, 2014
Florida law allows planners to give insurance advice without insurance company

Helps fee-only planners meet CFP Board definition prohibiting such affiliation with firms that charge commissions

By Mark Schoeff Jr.
NEWS BROKER DEALERS JUL 21, 2014
Investors Capital shareholders back Schorsch's RCS Capital merger

$52.5 million cash and stock deal scheduled to close on Friday.

By Bruce Kelly
NEWS BROKER DEALERS JUL 21, 2014
Securities America buying Dalton Strategic Investment Services

Trend of small and midsize broker-dealer mergers and acquisitions continues to build.

By Bruce Kelly
NEWS EQUITIES JUL 21, 2014
IPOs draw heavy attention, but investors need caution

Performance history indicates that all the attention around IPOs means regular investors need to exercise extra caution.

By Jeff Benjamin
NEWS ALTERNATIVES JUL 21, 2014
RCS Capital's stock: How low can it go?

The broker-dealer saw its shares dip again on Thursday after it lowered the price of its secondary offering. That follows a 37% decline in the company's share price in the past month. Investors, however, could stand to benefit. Bruce Kelly has the story.

By Bruce Kelly
NEWS ALTERNATIVES JUL 21, 2014
Rich payday for Schorsch and his partners

Between <a href=&quot;http://www.investmentnews.com/article/20140529/FREE/140529913&quot;>RCAP's stock offering</a> and real estate firm's executive comp plan, Nicholas Schorsch and his team could enjoy a multimillion-dollar payday.

By Bruce Kelly
NEWS INDUSTRY NEWS JUL 21, 2014
Earnings surge at Ladenburg Thalmann

The securities house pointed to &#8220;improved market conditions, successful recruitment of additional advisers and increased advisory assets under management&#8221; for the increase in revenues.

By Bruce Kelly
NEWS REGULATION AND LEGISLATION JUL 21, 2014
Finra fines Morgan Stanley $5 million over IPO sales

Finra says Morgan Stanley advisers allegedly failed to make key distinctions when soliciting clients to buy shares in 83 IPOs including Yelp and Facebook.

By Mason Braswell
NEWS ALTERNATIVES JUL 21, 2014
Tony Thompson exits nontraded REIT business

In stunning turnaround, the noted real estate investor gets $1.07 million for his shares in disputed REIT, ending a <a href="//www.investmentnews.com/article/20131029/FREE/131029892&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">proxy fight</a>. But the story's not over. <i>(See also: <a href="//www.investmentnews.com/article/20130120/REG/301209971&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">Tony Thompson's hard times</a>)</i>

By Bruce Kelly
NEWS FINTECH JUL 20, 2014
Two groups battle it out to create uniform national rule for fiduciaries to access digital assets

The Uniform Law Commission and NetChoice are working separately to try to make it easier to close up accounts and transfer funds after the owner dies.

By Alessandra Malito
NEWS FINTECH JUL 20, 2014
Delaware becomes first state to enact digital assets law

New law will grant fiduciaries access to the digital assets of deceased or incapacitated individuals.

By Darla Mercado
NEWS RETIREMENT PLANNING JUL 20, 2014
The lesson from Donald Sterling? Plan for incapacity

As the court battle over L.A. Clippers owner's trust shows, people too often set up estate plans to cope with death, not old age.

By Darla Mercado
NEWS BROKER DEALERS JUL 18, 2014
Stifel in talks to acquire Sterne Agee

A deal, which would combine two of the biggest U.S. brokerages outside of New York, could be announced within days, according to a person with direct knowledge of the matter.

By Bloomberg
NEWS ALTERNATIVES JUL 18, 2014
House approves changes to Dodd-Frank law

Revisions are a sign of pressure to come on the financial reform package.

By Mark Schoeff Jr.
NEWS FINTECH JUL 18, 2014
How technology can transform an RIA

By Brian H. Vendig
NEWS BROKER DEALERS JUL 18, 2014
Private client group gains drive Raymond James to record quarterly profit

Raymond James Financial continued to build on momentum as pretax profit in the private client group hit a record in the firm's third fiscal quarter, jumping 39% as profit margins reached 10%. What's CEO Paul Reilly doing right?

By Mason Braswell