Industry News

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NEWS INDUSTRY NEWS MAY 01, 2012
Opportunities in U.S. mid-cap equities

Mid-cap companies can offer the higher growth potential of smaller companies, with the strength and stability generally offered by larger companies.

By Principal Funds
NEWS RIAS APR 30, 2012
United Capital dialed in to different type of asset with Pomeranz buy

Rollup firm acquires much smaller outfit — but lands popular radio show in the process

By Lavonne Kuykendall
NEWS INDUSTRY NEWS APR 30, 2012
Empty desk syndrome

What next? The financial advice business is finally booming again, but industry watchers are now warning about a coming talent shortage. IN investigates in this NextGen special report.

By John Goff
NEWS RETIREMENT PLANNING APR 30, 2012
The new retirement equation

By Mark Bruno
NEWS RETIREMENT PLANNING APR 30, 2012
Seven retirement questions every adviser should ask

By John Goff
NEWS RETIREMENT PLANNING APR 30, 2012
Protect retirement assets from self-serving advisers

By Philip Chao
NEWS REGULATION AND LEGISLATION APR 30, 2012
Finra's big loss prompts move to raise fees

By DJAMIESON
Genworth launches advisory firm matchmaking service
NEWS INDUSTRY NEWS APR 30, 2012
Genworth launches advisory firm matchmaking service

New service is a result of demand from Genworth advisers who are looking for help either to sell or expand their practices.

By JKEPHART
Hartford Financial CEO McGee refuses bonus after stock drop
NEWS LIFE INSURANCE AND ANNUITIES APR 30, 2012
Hartford Financial CEO McGee refuses bonus after stock drop

Despite being eligible for a $1.76 million incentive for 2011, Hartford's CEO Liam McGee declined it.

By Doug Cubberley
LPL starts dividend program with $2-per-share payment
NEWS BROKER DEALERS APR 30, 2012
LPL starts dividend program with $2-per-share payment

LPL's special dividend will be payable May 25 and will be followed by a regular quarterly dividend starting at 12 cents per share.

By Jeff Benjamin
Linflation? Point guard's rookie card skyrockets in value
NEWS INDUSTRY NEWS APR 30, 2012
Linflation? Point guard's rookie card skyrockets in value

Card sells for $22K just weeks after going for $1K; heck of a Linvestment

By John Goff
UBS goes after team that hitched up with Wells
NEWS INDUSTRY NEWS APR 30, 2012
UBS goes after team that hitched up with Wells

Company claims that the pair downloaded proprietary client info before exiting; computer scrubbing ahead?

By Andrew Osterland
Regions may raise $700M to repay TARP: Analysts
NEWS INDUSTRY NEWS APR 30, 2012
Regions may raise $700M to repay TARP: Analysts

Regions Financial Corp. may sell $700 million of shares to repay a government bailout, less than analysts predicted.

By Doug Cubberley
At Schwab, Tony Blair praises freedom to dissent, disses OWS
NEWS RETIREMENT PLANNING APR 30, 2012
At Schwab, Tony Blair praises freedom to dissent, disses OWS

Britain's former prime minister, Tony Blair, kicked off the Schwab Impact 2011 conference with a sober assessment of the challenges raised by the Arab Spring and expressed concern that short-term political considerations could thwart long-term solutions to problems facing the global economy.

By Andrew Osterland
LPL adviser Frank Congemi applauds Occupy Wall Street
NEWS BROKER DEALERS APR 30, 2012
LPL adviser Frank Congemi applauds Occupy Wall Street

A financial adviser has inserted himself into the tension between the Occupy Wall Street protesters and The Goldman Sachs Group Inc. over sponsorship of a fundraising dinner next month for a New York-based credit union that mainly serves the poor.

By Bruce Kelly
The Hartford to sell bank that qualified it for TARP money
NEWS LIFE INSURANCE AND ANNUITIES APR 30, 2012
The Hartford to sell bank that qualified it for TARP money

Insurer said it will sell Federal Trust after owning it for less than two years; carrier paid $10M for bank, received $3.4B in government bail-out funds

By Darla Mercado
NEWS REGULATION AND LEGISLATION APR 29, 2012
Sentences handed down in broker fraud case

Two men who engaged in an eight-year scheme that defrauded investors of $140 million are headed to prison.

By Doug Cubberley
NEWS RIAS APR 29, 2012
Advisers say iPad makes them more efficient

Advisers say that an increasing number of timesaving iPad apps are aiding their productivity

By Liz Skinner
NEWS RIAS APR 29, 2012
Show some moxie on client proxies

By MFXFeeder
NEWS RETIREMENT PLANNING APR 29, 2012
Bought for $881, this LTC policy pays out $1.7M

By Darla Mercado