Industry News

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NEWS EQUITIES JUL 01, 2014
The value of Twitter

<i>Breakfast with Benjamin</i> The (awesome) value of Twitter. Plus: J.D. Power's annual survey of advisers' job satisfaction, mid-year stock review, yes, ETF cost matters, bringing back volatility, and a car maker returns.

By Jeff Benjamin
NEWS EQUITIES JUL 01, 2014
The grim reality of inflation without wage growth

On Friday's menu: Inflation without wage growth: Cause for concern? Plus: The Fed has painted itself into a corner, consumer stocks are likely to take a hit, bracing for Treasury yield volatility, silver outshines gold in June, and how to live to be 100.

By Jeff Benjamin
NEWS EQUITIES JUL 01, 2014
The Fed views inflation through rose-colored glasses

On Wednesday's <i>Breakfast with Benjamin</i> menu: The Fed dons rose-colored glasses. Plus: Junk bond yields get scary low, commodity hedge funds fall out of favor, what you need to know about stock buyback ETFs, and the inequality mob is driving the rich to hoard cash

By Jeff Benjamin
NEWS FINTECH JUL 01, 2014
Pershing digs into its big data plate to find securities to lend

Custodian's &#8220;Lending Ball&#8221; tech tool finds matches for securities lending.

By Joyce Hanson
NEWS LIFE INSURANCE AND ANNUITIES JUL 01, 2014
New annuities offer exposure to equities and downside protection

New annuities offer uncapped exposure to equities plus downside protection. &quot;It's been a game changer,&quot; one exec says.

By Darla Mercado
NEWS FINTECH JUL 01, 2014
As e-communication channels proliferate, risk of Finra fines spikes

Smarsh survey finds 88% of firms issue mobile devices to employees who use them to IM, text and tweet.

By Joyce Hanson
NEWS FINTECH JUL 01, 2014
Hearsay and Actiance top Forrester's social risk and compliance product list

'Near ubiquitous' social-media use drives growth in a nascent market, research firm reports

By Joyce Hanson
NEWS EQUITIES JUL 01, 2014
Equities awaiting stronger growth before next move

By Robert C. Doll
NEWS EQUITIES JUL 01, 2014
Does the market decline signal a pullback?

Nuveen's Robert Doll analyzes the market's pullback, says the next few days are critical and provides his longer-term perspective.

By Robert C. Doll
NEWS FINTECH JUL 01, 2014
After troubled start, Morgan Stanley tech platform stabilized

CIO Chris Randazzo says 3D has 'turned the corner,' while upgrade continues

By Joyce Hanson
NEWS RETIREMENT PLANNING JUL 01, 2014
Target date funds to capture 63% of 401(k) contributions by 2018

Risk management, asset allocation features appeal to younger investors, study finds.

By CODONNELL
NEWS WIREHOUSES JUN 30, 2014
Ex-UBS broker facing probe into loan advice

U.S. authorities in Puerto Rico investigating allegations over advice to borrow money to make investments.

By Gregory Crawford
NEWS RETIREMENT PLANNING JUN 30, 2014
Guaranteed features propel indexed-annuity sales

With low interest rates providing few fixed-income investment options, broker-dealers see these as a good choice for clients, with more growth potential than CDs.

By Darla Mercado
NEWS LIFE INSURANCE AND ANNUITIES JUN 30, 2014
IRI hires Morningstar annuity executive

The new addition is aimed at bolstering the firm's resources to help advisers with retirement income strategies/

By Darla Mercado
NEWS RETIREMENT PLANNING JUN 30, 2014
Genworth eyes new approach to long-term-care insurance rate hikes

The firm is advocating for incremental changes over double-digit rate hikes after many years. But can this new method catch on?

By Darla Mercado
NEWS PRACTICE MANAGEMENT JUN 30, 2014
U.S. Trust hires managing director from JPMorgan in expansion bid

Firm looks to deepen its reach in the ultrahigh-net-worth market segment with plans to double head count in Washington by year's end.

By Mason Braswell
NEWS MUTUAL FUNDS JUN 30, 2014
UBS faces $5 million class action claim on Puerto Rico bond funds

UBS faces a class action lawsuit for $5 million over an alleged breach in fiduciary duty in the sale of Puerto Rican bond funds.

By Mason Braswell
NEWS RIAS JUN 30, 2014
Billion-dollar teams inch into indie market

With improvements in technology and compensation models, independent firms are narrowing the gap in the competition for the biggest talent on Wall Street.

By Mason Braswell
NEWS RIAS JUN 30, 2014
Kitces, Alan Moore to launch XY Planning Network

New network will support advisers who work with Generation X and Y clients

By Joyce Hanson
NEWS RIAS JUN 30, 2014
J.D. Power: Satisfaction with investment firms up

By Liz Skinner