Industry News

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Prudential reverses variable annuity suspension in New York
RIAS INDUSTRY NEWS OCT 04, 2019
Prudential reverses variable annuity suspension in New York

The decision follows a similar route taken by peers like Jackson National and Lincoln Financial.

By Greg Iacurci
JPMorgan, BlackRock say investors too cautious on repeat of 2008
RIAS INDUSTRY NEWS OCT 04, 2019
JPMorgan, BlackRock say investors too cautious on repeat of 2008

Some advisers are endorsing stocks but are encouraging a selective approach.

By Bloomberg
LPL, Triad brokers lose Ohio National lawsuit over variable annuity commissions
RIAS INDUSTRY NEWS OCT 04, 2019
LPL, Triad brokers lose Ohio National lawsuit over variable annuity commissions

But brokers' hopes of restoring payments kept alive with rulings in two other cases.

By Greg Iacurci
Envestnet founder and CEO Jud Bergman killed in automobile crash
RIAS INDUSTRY NEWS OCT 04, 2019
Envestnet founder and CEO Jud Bergman killed in automobile crash

Co-founder Bill Crager was named interim chief executive.

By Ryan W. Neal
RIAS INDUSTRY NEWS OCT 04, 2019
Finra panel orders Stifel to pay $1.5 million to clients

Sum constitutes compensatory damages for breach of duties.

By InvestmentNews
RIAS INDUSTRY NEWS OCT 04, 2019
Price-pressure trend shines new light on RIA-custodian relationships

Tighter margins for custodians call into question RIAs riding for free.

By Jeff Benjamin
RIAS INDUSTRY NEWS OCT 04, 2019
LPL, Triad brokers lose Ohio National lawsuit over variable annuity commissions

But brokers' hopes of restoring payments kept alive with rulings in two other cases.

By Greg Iacurci
RIAS INDUSTRY NEWS OCT 04, 2019
JPMorgan, BlackRock say investors too cautious on repeat of 2008

Some advisers are endorsing stocks but are encouraging a selective approach.

By Bloomberg
RIAS INDUSTRY NEWS OCT 04, 2019
Prudential reverses variable annuity suspension in New York

The decision follows a similar route taken by peers like Jackson National and Lincoln Financial.

By Greg Iacurci
Trump to outline new vision for Medicare
RIAS INDUSTRY NEWS OCT 03, 2019
Trump to outline new vision for Medicare

An executive order regarding the Medicare system is titled "Protecting Medicare from Socialist Destruction."

By InvestmentNews
Nashville hybrid managing $150 million switches to SA Stone
RIAS INDUSTRY NEWS OCT 03, 2019
Nashville hybrid managing $150 million switches to SA Stone

The company and an RIA affiliate are units of the former Sterne Agee

By InvestmentNews
LPL reels in three teams from Advisor Group broker-dealers
RIAS INDUSTRY NEWS OCT 03, 2019
LPL reels in three teams from Advisor Group broker-dealers

LPL's haul includes two groups from FSC Securities and almost $1.5 billion in client assets.

By Bruce Kelly
Riskalyze launches multi-custodial trading tool
RIAS INDUSTRY NEWS OCT 03, 2019
Riskalyze launches multi-custodial trading tool

Company said software will reduce time advisers spend trading by 80%.

By Ryan W. Neal
Navigating the world of probability and certainty in your practice
RIAS INDUSTRY NEWS OCT 03, 2019
Navigating the world of probability and certainty in your practice

Advisers should be cognizant of the rules that govern clients' retirement assets.

By Corey Keltner
Refined Metrics for RIAs: Improving Performance Measurement
RIAS INDUSTRY NEWS OCT 03, 2019
Refined Metrics for RIAs: Improving Performance Measurement

Hindsight is 20/20, but it doesn't tell you much about the future.

By Anand Sekhar
We'll just keep the wolf; hold the sheep's clothing
ADVISOR NEWS OPINION OCT 03, 2019
We'll just keep the wolf; hold the sheep's clothing

The SEC offers no evidence investors will benefit from Reg BI beyond vague, unsupported assertions

By Brian Hamburger
Don't dismiss clients' woes just because they're rich
ADVISOR NEWS OPINION OCT 03, 2019
Don't dismiss clients' woes just because they're rich

Public hatred of the wealthy is one of the last bastions of acceptable prejudice

By Sarah Newcomb
Investigation into 403(b) costs, sales could be an A+ for teachers
ADVISOR NEWS OPINION OCT 03, 2019
Investigation into 403(b) costs, sales could be an A+ for teachers

The Wild, Wild West of retirement savings desperately needs reform.

By Greg Iacurci
Schwab's next target? Financial advisers
RIAS INDUSTRY NEWS OCT 03, 2019
Schwab's next target? Financial advisers

Custodians are increasingly under pressure, and some are responding by making a push into the advisory business.

By Nir Kaissar
LPL reels in three teams from Advisor Group broker-dealers
RIAS INDUSTRY NEWS OCT 03, 2019
LPL reels in three teams from Advisor Group broker-dealers

LPL's haul includes two groups from FSC Securities and almost $1.5 billion in client assets.

By Bruce Kelly