Industry News

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More fallout from looming nuclear disaster in Japan
NEWS INDUSTRY NEWS MAR 22, 2011
More fallout from looming nuclear disaster in Japan

The ongoing drama at the stricken nuclear power plant in Japan sends world stock markets into a tailspin.

By John Goff
9.0 quake in Japan 'wasn't big enough' to lift Black Swan Fund
NEWS INDUSTRY NEWS MAR 21, 2011
9.0 quake in Japan 'wasn't big enough' to lift Black Swan Fund

Options portfolio that gained 234% during 2008 financial crisis saw no bump up from calamity in Nippon

By John Goff
David Kelly: All eyes on oil
NEWS INDUSTRY NEWS MAR 21, 2011
David Kelly: All eyes on oil

Once again this week, markets will focus on events far from both Wall Street and Washington.

By David Kelly
NEWS IRA ALERT MAR 20, 2011
Reporting Roth IRA conversions

Get ready for an avalanche of Form 8606 questions

By Ed Slott
NEWS OPINION MAR 20, 2011
A different take on managing risk

As the markets continue to recover, it is time to take a fresh look at investment risk

By Wylie A. Tollette
NEWS RIAS MAR 20, 2011
Schapiro must learn from her mistakes or go

Mary Schapiro, chairman of the SEC, cannot be surprised that she is taking heat from Congress for hiring a general counsel who played a role in determining how victims of Bernard Madoff would be compensated, even though he had benefited from an investment with the notorious financial criminal

By MFXFeeder
NEWS INDUSTRY NEWS MAR 20, 2011
Investors are going short with their cash

By Lavonne Kuykendall
NEWS RETIREMENT PLANNING MAR 20, 2011
Planners expect big revenue jump this year

Unflinching optimism continues to dominate the outlook of the financial planning community, despite the gloomy forecast from the media, according to the latest quarterly research from Russell Investments

By Jeff Benjamin
NEWS LIFE INSURANCE AND ANNUITIES MAR 20, 2011
Retirement confidence hits skids

American workers' confidence in having enough money for a comfortable retirement dropped to its lowest level in more than 20 years, and an increasing number of employees now plan to work past 65

By Lavonne Kuykendall
NEWS RETIREMENT PLANNING MAR 20, 2011
Firms are omitting annuities in new retirement income products

The move more than likely signals a shift from accumulation -- but without insurance lock-ins

By Darla Mercado
NEWS RIAS MAR 20, 2011
A fiduciary field guide

By Davis Janowski
NEWS INDUSTRY NEWS MAR 20, 2011
Power shortages threaten global supply chain

Ford Motor Co., Samsung and The Boeing Co. are waiting for suppliers in quake-stricken Japan to increase one key export: information

By Bloomberg
NEWS TAX MAR 20, 2011
Charitable giving on the upswing after falling in 2009

Foundations, donor funds cite evidence that wallets are beginning to open

By Liz Skinner
NEWS RETIREMENT PLANNING MAR 18, 2011
Advisers' advising, but boomers not buying

Clients not interested in re-balancing, saving more or devising a financial game plan, survey finds

By Lavonne Kuykendall
Brokerages next big threat? Portfolios-to-go
NEWS WIREHOUSES MAR 18, 2011
Brokerages next big threat? Portfolios-to-go

Expedia tripped up travel agents. Mapquest routed map makers. Netflix killed the video stores. Now comes portfolios-to-go. The question: are these prepackaged investment models phenomenon or fad?

By John Goff
NEWS INDUSTRY NEWS MAR 18, 2011
State Street money management boss out-earns CEO

Powers pulled down more in 2010 than bank's chief executive; neither hurting

By John Goff
Ex-Merrill adviser in running to head BofA's brokerage: Sources
NEWS WIREHOUSES MAR 18, 2011
Ex-Merrill adviser in running to head BofA's brokerage: Sources

Sallie Krawcheck's short list said to include John Thiel; joined the brokerage as an adviser in 1989

By John Goff
NEWS INDUSTRY NEWS MAR 18, 2011
FSC boss unexpectedly resigns

Schlafly exiting for personal reasons; Advisor Group's Roth to fill in for the moment

By Bruce Kelly
BlackRock bags another LPL exec to beef up its DC biz
NEWS RETIREMENT PLANNING MAR 18, 2011
BlackRock bags another LPL exec to beef up its DC biz

Asset manager hires Robert Francis, former COO at B-D's retirement unit

By Jessica Toonkel
So how much is Securities America worth to Ameriprise?
NEWS INDUSTRY NEWS MAR 18, 2011
So how much is Securities America worth to Ameriprise?

An expert witness claims that Ameriprise can kick in $110M to help settle Reg D lawsuits against its Securities America unit. A meeting with a mediator on Thursday may reveal exactly how far the parent company is willing to go to bail out the besieged B-D.

By Bruce Kelly