Industry News

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A new twist on Medicare open enrollment
ADVISOR NEWS RETIREMENT PLANNING SEP 30, 2019
A new twist on Medicare open enrollment

The government projects a decline in premiums next year for Medicare Advantage and drug plans.

By Mary Beth Franklin
ADVISOR NEWS RETIREMENT PLANNING SEP 28, 2019
Income annuities provide retirees longevity protection

An excerpt from Wade Pfau's new book, 'Safety-First Retirement Planning: An Integrated Approach for a Worry-Free Retirement'

By Wade Pfau
RIAS INDUSTRY NEWS SEP 28, 2019
Trump wrong to challenge workplace savings plans

Programs that enhance retirement saving should be encouraged, not assailed.

By Investment News Team
RIAS PRACTICE MANAGEMENT SEP 27, 2019
Wells Fargo names BNY Mellon's Charles Scharf CEO

The new CEO will lead the efforts to turn the bank around after a series of scandals.

By Bloomberg
RIAS INDUSTRY NEWS SEP 27, 2019
Wells Fargo lures new CEO by boosting pay 40%

Scharf's annual target compensation was set at $23 million, up from his $16.5 million target pay in his final full year at BNY Mellon.

By Bloomberg
RIAS INDUSTRY NEWS SEP 27, 2019
White House weighs limits on U.S. portfolio flows into China

A U.S. crackdown on capital flows would create a new pressure point in the trade war.

By Bloomberg
Voya Financial Advisors settles with more than a dozen clients of former broker
RIAS INDUSTRY NEWS SEP 27, 2019
Voya Financial Advisors settles with more than a dozen clients of former broker

So far, the firm has paid more than $900,000 on complaints about the REITs and variable annuities the broker used in clients' portfolios.

By Bruce Kelly
RIAS INDUSTRY NEWS SEP 27, 2019
Finra censures Newbridge Securities and fines firm $225,000

The firm consents to having inadequately supervised sales of complex products.

By InvestmentNews
RIAS INDUSTRY NEWS SEP 27, 2019
Voya retirement chief talks M&A, fee pressure and emerging 401(k) fraud

Charlie Nelson oversees one of the largest retirement-plan record-keeping operations.

By Greg Iacurci
RIAS INDUSTRY NEWS SEP 27, 2019
Hunt for tax havens fuels $47 billion stampede into muni debt

While the municipal market has weakened recently, it's still delivered returns of about 6.7% this year.

By Bloomberg
RIAS INDUSTRY NEWS SEP 26, 2019
Hybrid managing $150 million switches to LPL from Kestra

Chesapeake Investment Planning is based on an island in the bay.

By InvestmentNews
RIAS INDUSTRY NEWS SEP 26, 2019
Finra bars IFS Securities executive linked to reported $10 million trading loss

Keith Wakefield did not testify in Finra investigation of 'trading improprieties' at IFS.

By Bruce Kelly
The 401(k)-HSA savings rule of thumb works, until it doesn't
RIAS INDUSTRY NEWS SEP 26, 2019
The 401(k)-HSA savings rule of thumb works, until it doesn't

Is it better to max out your HSA or 401(k)? Know more in this discussion

By Ramon Berenguer
RIAS INDUSTRY NEWS SEP 26, 2019
Finra bars former Wells Fargo broker for insider trading

Joseph Pratt of Conshohocken, Pa., used private information from clinical trials.

By InvestmentNews
RIAS INDUSTRY NEWS SEP 26, 2019
Raymond James doubles down on digital with advisers in control

As digital advice evolves, Raymond James stays focused on advisers.

By Bruce Kelly
RIAS INDUSTRY NEWS SEP 26, 2019
Senate confirms Scalia as DOL secretary on party-line vote

Lead counsel of industry suit to kill original fiduciary rule may have to step back from rewrite

By Mark Schoeff Jr.
Making a difference, doing a world of good
RIAS INDUSTRY NEWS SEP 26, 2019
Making a difference, doing a world of good

Financial advisers working hard to improve the lives of others and finding new purpose along the way

By Bloomberg
RIAS INDUSTRY NEWS SEP 25, 2019
Fidelity brings ESG portfolios to advisers

Advisers can use Ethic to select from existing ESG models or construct their own.

By Ryan W. Neal
RIAS INDUSTRY NEWS SEP 25, 2019
Robertson Stephens acquires Blue Blaze Financial

New Jersey-based firm brings $200 million in assets.

By InvestmentNews
RIAS INDUSTRY NEWS SEP 25, 2019
What is keeping negative bond yields from reaching the U.S.?

The Fed is not expected to go negative, but global market forces will continue to drive U.S. yields lower

By Jeff Benjamin