Industry News

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NEWS EQUITIES MAY 27, 2012
Niche practice offers shield for advisers

By LKUYKENDALL
NEWS INDUSTRY NEWS MAY 27, 2012
Preparing for retirement plan audits

By MFXFeeder
NEWS FINTECH MAY 27, 2012
An apple for the adviser: Making your iPad perform

By MFXFeeder
Smarsh unveils archiving product
NEWS FINTECH MAY 27, 2012
Smarsh unveils archiving product

By Janowski Davis
NEWS INDUSTRY NEWS MAY 27, 2012
Elder adventurers

By Doug Cubberley
NEWS INDUSTRY NEWS MAY 27, 2012
More baby boomers caring for aging parents

By Muneeza Iqbal
NEWS INDUSTRY NEWS MAY 27, 2012
Majoring in retirement

By Jeff Benjamin
NEWS INDUSTRY NEWS MAY 25, 2012
Morgan Stanley refutes 'regulatory concerns' over Facebook IPO

Morgan Stanley (MS) defended its role in Facebook Inc. (FB)'s initial public offering after a Massachusetts regulator subpoenaed the bank over talks between an analyst and investors about the social media company's revenue outlook.

By Bloomberg
Finra checks off more boxes with improved BrokerCheck
NEWS BROKER DEALERS MAY 25, 2012
Finra checks off more boxes with improved BrokerCheck

Additional features aimed at boosting ease of use, robustness of adviser database

By John Goff
Major matters: Not all college degrees created equal
NEWS INDUSTRY NEWS MAY 25, 2012
Major matters: Not all college degrees created equal

Hiring of graduated on the uptick, but certain majors much more in demand; avoid communications

By John Goff
College the next housing meltdown: Mark Cuban
NEWS INDUSTRY NEWS MAY 25, 2012
College the next housing meltdown: Mark Cuban

Billionaire says borrowing money to pay for school 'the equivalent of flipping houses'

By John Goff
NEWS WIREHOUSES MAY 25, 2012
Crackdown on exotic ETFs moves forward

By Liz Skinner
NEWS RIAS MAY 25, 2012
HighTower video compares brokers to butchers

Whiteboard animation also likens investment advisers to dieticians

By John Goff
Latest defection: $1.4B Merrill team jumps to HighTower
NEWS WIREHOUSES MAY 25, 2012
Latest defection: $1.4B Merrill team jumps to HighTower

Fourth big signing for firm this year; 'a great mousetrap'

By Andrew Osterland
Agent in church life-insurance flap: Parishioners were instructed to lie to Aviva
NEWS LIFE INSURANCE AND ANNUITIES MAY 25, 2012
Agent in church life-insurance flap: Parishioners were instructed to lie to Aviva

Claims agents coached them to tell insurer they were paying for policy premiums when outside parties actually did so

By Darla Mercado
Life agents accuse Aviva of 'unclean hands' in unholy Stoli mess
NEWS LIFE INSURANCE AND ANNUITIES MAY 25, 2012
Life agents accuse Aviva of 'unclean hands' in unholy Stoli mess

In March, Aviva sued six life insurance agents over Stoli policies sold to 119 members of a church in Los Angeles. Now, those agents have fired back, claiming the carrier consented to the offer of the coverage.

By Darla Mercado
NEWS BROKER DEALERS MAY 24, 2012
Another senior management move at LPL

Arnold named CFO; currently head of strategy

By Bruce Kelly
MSSB tells brokers it will make good on Facebook trades: Source
NEWS INDUSTRY NEWS MAY 24, 2012
MSSB tells brokers it will make good on Facebook trades: Source

Brokerage also said to informs reps it will not fill limit orders at $43 due to low volume

By John Goff
Move over, Anthony Bourdain: Adviser films travelogue about retirement crisis
NEWS RETIREMENT PLANNING MAY 24, 2012
Move over, Anthony Bourdain: Adviser films travelogue about retirement crisis

Adviser turns camera on middle America; two RVs, a crew, and plenty of highway

By Mary Beth Franklin
NEWS INDUSTRY NEWS MAY 24, 2012
Credit liquidity down, bond ETFs up

By MFXFeeder