Industry News

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NEWS WIREHOUSES JUL 15, 2015
John Thiel: Learn from the past or lose out in the future

By Mason Braswell
SEC sued for using its own judges
NEWS RIAS JUL 15, 2015
SEC sued for using its own judges

Investment firm seeks to block action as Dodd-Frank ripple effect seen giving SEC the edge.

By Jeff Benjamin
NEWS INDUSTRY NEWS JUL 14, 2015
Franklin Templeton suffers big profit drop as investors pull cash from mutual funds

In worst quarterly outflow ever, assets under management at the firm dropped 11% in fiscal fourth quarter, to $771 billion.

By Bloomberg
Social Security Disability Fund will be empty next year
NEWS RETIREMENT PLANNING JUL 14, 2015
Social Security Disability Fund will be empty next year

Combined, Social Security retirement and disability fund reserves projected to be exhausted in 2034.

By Bloomberg
9 things companies do during earnings season that investors hate
NEWS RETIREMENT PLANNING JUL 14, 2015
9 things companies do during earnings season that investors hate

<i>Breakfast with Benjamin</i>: Some things companies do during earnings season that can really rub investors the wrong way.

By Jeff Benjamin
Morningstar, Riskalyze team up to integrate adviser programs
NEWS FINTECH JUL 14, 2015
Morningstar, Riskalyze team up to integrate adviser programs

Advisers who use both companies' software will gain automatic data synchronization across the two platforms.

By Alessandra Malito
Should advisers suggest that an algorithm do clients' saving for them?
NEWS FINTECH JUL 14, 2015
Should advisers suggest that an algorithm do clients' saving for them?

An increasing number of companies want to identify &amp;mdash; and whisk away &amp;mdash; investors' excess cash.

By Bloomberg
NEWS INDUSTRY NEWS JUL 14, 2015
Would you like a diamond with your hotel suite? How about in your martini?

High-end restaurants and hotels are increasingly serving up diamonds and other bling.

By Bloomberg
NEWS INDUSTRY NEWS JUL 14, 2015
Crowdfunding-style approach to real estate investing gains momentum

Proliferation of digital platforms opens new ways to access properties, but investors must do their homework.

By Jeff Benjamin
Why you might want to cover your assets from volatility now
NEWS INDUSTRY NEWS JUL 14, 2015
Why you might want to cover your assets from volatility now

BlackRock chief investment strategist says prospect of stocks and bonds moving in tandem means higher risks for investors.

By Trevor Hunnicutt
3 things to consider before pursuing a strategic asset allocation
NEWS EQUITIES JUL 14, 2015
3 things to consider before pursuing a strategic asset allocation

Common assumptions that come with investment strategies don't always reflect reality.

By Peter Hecht
BlackRock warns of stock-bond correlation, suggests illiquid real estate
NEWS EQUITIES JUL 14, 2015
BlackRock warns of stock-bond correlation, suggests illiquid real estate

Chief investment strategist says liquid investments are being challenged to offer competitive returns.

By Trevor Hunnicutt
Fed Chairwoman Janet Yellen still expecting to raise rates this year
NEWS FIXED INCOME JUL 14, 2015
Fed Chairwoman Janet Yellen still expecting to raise rates this year

Central banker repeats pledge that pace of subsequent increases will be gradual.

By Bloomberg
Help boomers recognize reality bites when it comes to wages in retirement
NEWS RETIREMENT PLANNING JUL 14, 2015
Help boomers recognize reality bites when it comes to wages in retirement

Most working retirees are making much less per hour now, survey shows

By Liz Skinner
Wealthfront sparks robo price war, drops account minimum to $500
NEWS FINTECH JUL 14, 2015
Wealthfront sparks robo price war, drops account minimum to $500

The combative robo-adviser takes a shot at competitors for their fee structures.

By Alessandra Malito
China's stock market meltdown is looking like a buying opportunity
NEWS EQUITIES JUL 14, 2015
China's stock market meltdown is looking like a buying opportunity

Strategists recommend a slow and steady move into the world's second-largest equity market.

By Jeff Benjamin
NEWS RETIREMENT PLANNING JUL 14, 2015
Billy Joel: Poster child for the Viagra college fund?

Older dads can trigger Social Security benefits for young children.

By Mary Beth Franklin
NEWS EQUITIES JUL 14, 2015
Goldman's Cohn: Dream on if you think the Fed is hiking rates in September

<i>Breakfast with Benjamin</i>: Gary D. Cohn, president and COO of Goldman Sachs, believes the economy and markets are in no shape for higher rates.

By Jeff Benjamin
NEWS PRACTICE MANAGEMENT JUL 14, 2015
Ladenburg Thalmann broker-dealer Securities Service Network adds $430M firm

The Horizon Group, a retirement planning firm formerly with Cadaret Grant, joins in Rochester, N.Y.

By Mason Braswell
Pimco considered Goldman Sachs' Gary Cohn for top spot
NEWS INDUSTRY NEWS JUL 14, 2015
Pimco considered Goldman Sachs' Gary Cohn for top spot

Was on short-list of possible successors to El-Erian as CEO in 2013; departure would have left big succession gap at Goldman.

By Bloomberg