Industry News

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NEWS INDUSTRY NEWS DEC 06, 2013
U.S. finally a growth economy again

How declines in unemployment have helped spur the economy, plus other must-reads from wealth manager and CNBC commentator Josh Brown

By Joshua Brown
NEWS EQUITIES DEC 06, 2013
'Tis the year without volatility

Investors have enjoyed an epic rally this year with little volatility, thanks at least in part to all the cash the Fed is pumping into the system. But advisers should be prepping clients now to get ready for some choppiness ahead. Jason Kephart reports.

By JKEPHART
NEWS INDUSTRY NEWS DEC 06, 2013
Pimco's El-Erian expects 3% global expansion in 2014

“The big question is less the next 12 months and more what happens thereafter because the road we're on right now is being sustained by experimental, untested policies,” El-Erian said.

By Matt Ackermann
NEWS FIXED INCOME DEC 06, 2013
UBS pegs Puerto Rican bet at $41 million

Brokerage unit posts third quarter trading decline but still delivers pretax profit.

By Trevor Hunnicutt
NEWS RETIREMENT PLANNING DEC 05, 2013
Warning: 4% withdrawal rate unrealistic for retirement

New paper suggests flexibility around withdrawal rates, asset allocations is the best approach

By Darla Mercado
NEWS INDUSTRY NEWS DEC 05, 2013
529 college savings plans graduate

As the products gain assets, more consider sophisticated investments

By Hazel Bradford
NEWS INDUSTRY NEWS DEC 05, 2013
Legendary investor Buffett's market-beating skills revealed

New study finds Oracle of Omaha has outperformed every long-lived U.S. stock and mutual fund

By Gregory Crawford
NEWS INDUSTRY NEWS DEC 05, 2013
Nobel laureate: Everyone should have a financial adviser

Nobel Prize-winning economist Robert Shiller said a lack of good financial advice contributed to the financial crisis

By Liz Skinner
NEWS INDUSTRY NEWS DEC 05, 2013
Gross to run Pimco unconstrained fund as Dialynas takes sabbatical

Bill Gross will become the lead manager of Pimco Unconstrained Bond Fund after its current manager Chris Dialynas leaves to take a sabbatical.

By Matt Ackermann
NEWS RIAS DEC 05, 2013
Why Joe Duran hates the word 'roll-up'

There's a lot of talk about advisers' needing to find a transition plan, and many options are presented to them, including selling to a bank, junior advisers, a peer or the ubiquitous “roll-up.” But there are fundamental questions that must be asked.

By Joe Duran
NEWS RETIREMENT PLANNING DEC 05, 2013
Sometimes life is not fair – and neither is Social Security

Divorced spouses eligible for vastly different benefits than new ones.

By Mary Beth Franklin
NEWS EQUITIES DEC 05, 2013
Former Fed chief Greenspan sees no bubble in Dow 16,000

He of 'irrational exuberance' fame says economic constraints keeping market in check.

By Gregory Crawford
NEWS RIAS DEC 05, 2013
Self-employed clients still need to save

Business owners often save less for retirement; advisers can help them diversify beyond the store.

By Liz Skinner
NEWS INDUSTRY NEWS DEC 05, 2013
How 'smart beta' ETFs turned closet indexing into a winner

Actively managed equity mutual funds that don't make big bets versus their benchmarks have been shunned by investors, but a handful of funds that rely on factors or “smart beta” have proven that you don't need to make big bets to outperform.

By Jason Kephart
NEWS BROKER DEALERS DEC 05, 2013
Changes expected as Finra weighs controversial broker-comp rule

Wirehouses largely back recruiting incentive regulation but IBDs oppose it.

By Mark Schoeff Jr.
NEWS INDUSTRY NEWS DEC 05, 2013
Plan for college at each stage of a child's life

Financial decisions to be made at intervals along the path toward higher education.

By Liz Skinner
NEWS BROKER DEALERS DEC 05, 2013
Cogent: Two-thirds of industry compensation to be fee-based by 2015

In a bad omen for the mutual fund industry, the shift toward fee-based compensation is expected to accelerate over the next two years, a new report finds. Who's pushing the trend?

By JKEPHART
NEWS INDUSTRY NEWS DEC 05, 2013
Alts key to de-risking 529 plans: J.P. Morgan

Alternative investments can diversify 529 plans, J.P. Morgan says. Try finding plans that offer them, though.

By Liz Skinner
NEWS INDUSTRY NEWS DEC 04, 2013
All eyes focused on the last jobs report of '13

Breakfast with Benjamin: Watching the last jobs report of the year, plus Vanguard as the Wal-Mart of ETFs, retailers show early weakness, shrinking health care jobs, Deutsche Bank abandons commodities trading, and unions pay fast food protesters.

By Jeff Benjamin
NEWS RETIREMENT PLANNING DEC 04, 2013
Ready or not? Here comes retirement

Though one study says people are saving enough, experts warn that investors need to be reminded

By MDURISIN