Industry News

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Owner of Westminster's winning dog to see big return on investment
NEWS RETIREMENT PLANNING FEB 07, 2016
Owner of Westminster's winning dog to see big return on investment

Puppies of the three-year-old male will bring in thousands of dollars each, and endorsements could bring in even more. But getting the poised sporting dog to the winning circle wasn't cheap.

By Liz Skinner
NEWS FIXED INCOME FEB 07, 2016
High-yield bonds lose their appeal amid ratings downgrades

By John Waggoner
NEWS RIAS FEB 07, 2016
SEC takes steps to avoid Madoff sequel

The regulator must find a way to increase the productivity of its examiners

By MFXFeeder
NEWS RETIREMENT PLANNING FEB 07, 2016
Advisers, new pensions have holes to fill

Clients need to be sold on the idea of saving for retirement, and needing advice on retirement investments

By MFXFeeder
Stocks retreat on deepening anxiety over global economy
NEWS INDUSTRY NEWS FEB 05, 2016
Stocks retreat on deepening anxiety over global economy

Signs of distress in financial markets are gathering force as concern over the state of the global economy deepens.

By Bloomberg
NEWS RETIREMENT PLANNING FEB 05, 2016
Ask the Adviser: Why should I insure my home for more than I can sell it for?

Homeowners often get the amount for which they should have their home insured wrong.

By Kevin Lynch
RBC partners with BlackRock's FutureAdvisor for robo-adviser pilot program
NEWS FINTECH FEB 05, 2016
RBC partners with BlackRock's FutureAdvisor for robo-adviser pilot program

Half a dozen markets will test the new platform before potential approval nationwide.

By Alessandra Malito
Investing in a rising-rate environment
NEWS INDUSTRY NEWS FEB 05, 2016
Investing in a rising-rate environment

Energy, utilities, REIT and health care sectors are likely to outperform as Fed starts to tighten.

By Scott Minerd
What advisers need to know about popular long-term-care products
NEWS RETIREMENT PLANNING FEB 05, 2016
What advisers need to know about popular long-term-care products

Deciding between traditional and combination products can be difficult, but better understanding plan features can help.

By Greg Iacurci
Finra fines six IBDs for failing to give discounts on large REIT sales
NEWS BROKER DEALERS FEB 05, 2016
Finra fines six IBDs for failing to give discounts on large REIT sales

Fines, levied in July and August, top $500,000; Voya Financial takes biggest hit

By Bruce Kelly
How to manage tax-efficient drawdowns in retirement
NEWS RETIREMENT PLANNING FEB 04, 2016
How to manage tax-efficient drawdowns in retirement

For many retirees, the conventional way of thinking may not be the most tax-efficient.

By Greg Iacurci
The biggest drawbacks of the retail robo-advisers
NEWS FINTECH FEB 04, 2016
The biggest drawbacks of the retail robo-advisers

For those looking for more than just account-level “multiple choice” investing, there's no substitute for an adviser.

By Sheryl Rowling
Pershing names Hardwick COO as Dolly steps into CEO role
NEWS RIAS FEB 04, 2016
Pershing names Hardwick COO as Dolly steps into CEO role

Lori Hardwick is joining from Envestnet and will start at the end of the month.

By Christine Idzelis
Obama proposes curbs to retirement-savings tax incentives for wealthy, heirs
NEWS RETIREMENT PLANNING FEB 04, 2016
Obama proposes curbs to retirement-savings tax incentives for wealthy, heirs

The measures, which affect 401(k) and IRA limits and beneficiary withdrawals, have been proposed in previous budgets to no avail, but still worry financial industry groups.

By Mark Schoeff Jr.
Legislative efforts to stop DOL fiduciary rule destined to fail, ERISA attorney says
NEWS REGULATION AND LEGISLATION FEB 04, 2016
Legislative efforts to stop DOL fiduciary rule destined to fail, ERISA attorney says

Flurry of legislative efforts to kill the controversial rule likely to fail, and the rule is a question of when, not if.

By InvestmentNews Staff
TD Ameritrade to acquire FA Insight for big data
NEWS FINTECH FEB 04, 2016
TD Ameritrade to acquire FA Insight for big data

The research firm was acquired to help TD better deliver big data capabilities to RIAs.

By Alessandra Malito
Advisers need to bone up on DOL fiduciary
NEWS REGULATION AND LEGISLATION FEB 04, 2016
Advisers need to bone up on DOL fiduciary

Independent financial advisers should heed two upcoming rules that may require operational changes, as well as recognize the overall aggressive regulatory environment coming out of the SEC.

By Liz Skinner
Senators introduce three bills to stop DOL fiduciary rule
NEWS REGULATION AND LEGISLATION FEB 04, 2016
Senators introduce three bills to stop DOL fiduciary rule

While the House has been active considering similar legislation, this marks the first time the Senate is jumping into the fray.

By Mark Schoeff Jr.
Two bills to stop DOL fiduciary rule advance in House
NEWS RETIREMENT PLANNING FEB 04, 2016
Two bills to stop DOL fiduciary rule advance in House

The two bills would require Congress to approve the rule. Fight on a best-interests standard is now split straight down party lines.

By Mark Schoeff Jr.
Retirement income hit with highest effective tax rates
NEWS RETIREMENT PLANNING FEB 04, 2016
Retirement income hit with highest effective tax rates

New software helps advisers maximize spendable income for clients.

By Mary Beth Franklin