Industry News

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NEWS RETIREMENT PLANNING OCT 29, 2013
Don't let your debts sink your retirement goals

Why some financial professionals now say debt management is key to successful retirement planning

By Darla Mercado
NEWS RETIREMENT PLANNING OCT 29, 2013
Best way an adviser can help: Cut up the credit cards

Plan advisers wanting to step up their service to 401(k) clients, and their workers need look no further than bread-and-butter debt management.

By Darla Mercado
NEWS INDUSTRY NEWS OCT 29, 2013
Ways to give to charity without getting weighed down by taxes

Major changes tied to the American Taxpayer Relief Act of 2012 could make charitable giving a way to soften the bite of higher taxes

By Darla Mercado
NEWS EQUITIES OCT 29, 2013
Take Five with Dan Veru of Palisade Capital Management

From the upcoming Twitter Inc. IPO to the prospects for the United States becoming energy independent, Dan Veru, chief investment officer at Palisade Capital Management LLC, has an investment angle to share.

By Jeff Benjamin
NEWS INDUSTRY NEWS OCT 29, 2013
BlackRock's Fink: There are 'bubble-like markets again'

BlackRock Inc. Chief Executive Officer Laurence D. Fink, whose company is the world's largest money manager with $4.1 trillion in assets, said Federal Reserve policy is contributing to “bubble-like markets.”

By Matt Ackermann
NEWS INDUSTRY NEWS OCT 29, 2013
Smallest stocks rally nearly twice as fast

Smaller companies usually climb faster at the start of a bull market. Is the economy on its way up?

By Matt Ackermann
NEWS INDUSTRY NEWS OCT 29, 2013
Is cash king? Top money managers say yes

As stock markets flirt with record highs, steep prices make this a seller's market with few bargains, they say

By Gregory Crawford
NEWS INDUSTRY NEWS OCT 29, 2013
Tapering speculation on back burner after weak jobs report

Fed will start easing off its tapering in March at earliest, market watchers say

By Jeff Benjamin
NEWS INDUSTRY NEWS OCT 28, 2013
Pressure is on

Restructuring at MetLife has put two broker-dealers under one roof, and has increased the pressure on reps to sell the company's proprietary products.

By Andrew Leigh
NEWS WIREHOUSES OCT 27, 2013
Wirehouses find a way through 401(k) regulation

As 401(k) plan advising gets closer attention from regulators, brokers are finding a way to play

By Darla Mercado
NEWS INDUSTRY NEWS OCT 26, 2013
Wall Street profit may drop 37%, bitten by laws, Congress

Employment drops to near post-recession low; bonuses could be crimped by profit squeeze.

By Gregory Crawford
NEWS INDUSTRY NEWS OCT 26, 2013
Default averted, but advisers pan politicians

Give Obama, Congressboth barrels; hold little hope for long-term budget plan.

By Jeff Benjamin
NEWS INDUSTRY NEWS OCT 25, 2013
Some 529 college savings plan fees likely hit bottom

Find out which states charge investors the least

By Liz Skinner
NEWS INDUSTRY NEWS OCT 25, 2013
Some 529 college savings plan fees likely hit bottom

After demanding a reduction in administrative and investment costs, some states are now offering plans with such low fees that they are barely profitable for managers, one expert says.

By Liz Skinner
NEWS INDUSTRY NEWS OCT 25, 2013
For near-term boost, go with high-yield fixed income

It isn't too late to jump tactically into the high-yield bond market for a near-term portfolio boost. High-yield bond mutual funds, up more than 5.6% from the start of the year, are clearly the hottest area of fixed income, and the near-term outlook is for more upside.

By Jeff Benjamin
Social Security-claiming options for spouses of different ages
NEWS RETIREMENT PLANNING OCT 25, 2013
Social Security-claiming options for spouses of different ages

Sometimes creative strategies just won't work.

By Mary Beth Franklin
NEWS INDUSTRY NEWS OCT 25, 2013
Yellen to be named by Obama first female Fed chair

President Barack Obama will nominate Janet Yellen as chairman of the Federal Reserve, which would put the world's most powerful central bank in the hands of a key architect of its unprecedented stimulus program. How will the markets react?

By Matt Ackermann
NEWS INDUSTRY NEWS OCT 25, 2013
Clinton backs Yellen for Fed while defending Summers's past

Former President Bill Clinton said Janet Yellen would be “great” as the next chairman of the Federal Reserve and defended Larry Summers, who withdrew his name from consideration amid lawmaker opposition.

By Matt Ackermann
NEWS INDUSTRY NEWS OCT 25, 2013
Spooked by higher taxes, investors give more away

Investors riding high amid stock market gains have become more charitable, as fears of increased capital gains taxes linger.

By Darla Mercado
NEWS BROKER DEALERS OCT 25, 2013
Insurer to sell its broker-dealer to John Hancock

Symetra Investment Services, with about 280 registered reps, not a fit with parent.

By Bruce Kelly