Industry News

Displaying 35430 results
Greece's latest problem is the IMF
NEWS EQUITIES JUL 13, 2015
Greece's latest problem is the IMF

<i>Breakfast with Benjamin</i>: The IMF is throwing a wrench into the Greek bailout works, setting off a political earthquake in Europe.

By Jeff Benjamin
Contrary to conventional wisdom, young investors do want to work with advisers
NEWS PRACTICE MANAGEMENT JUL 13, 2015
Contrary to conventional wisdom, young investors do want to work with advisers

Survey finds that for all their determination, millennials are willing to take direction from experts.

By David Giunta
The toughest job in financial advice: Teaching economics to a presidential contender
NEWS RIAS JUL 13, 2015
The toughest job in financial advice: Teaching economics to a presidential contender

<i>Breakfast with Benjamin</i>: Teaching economics to a presidential contender isn't easy. Unless the economic advisers agree with the preconceived views of the candidates, the relationship can be testy and useless.

By Jeff Benjamin
NEWS RETIREMENT PLANNING JUL 13, 2015
Reality bites when it comes to wages in retirement

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

By Liz Skinner
Will chaos in Greece rattle your investments?
NEWS INDUSTRY NEWS JUL 13, 2015
Will chaos in Greece rattle your investments?

The bold see any market pullback as a buying opportunity.

By Jeff Benjamin
NEWS RIAS JUL 13, 2015
Focus Financial takes stake in $1 billion wealth adviser

Northbrook, Ill.-based Relative Value Partners brings to 35 the number of affiliates of the deep-pocketed firm led by CEO Rudy Adolf.

By Trevor Hunnicutt
Jeffrey Gundlach is riding out the Greek storm in Treasuries
NEWS RETIREMENT PLANNING JUL 13, 2015
Jeffrey Gundlach is riding out the Greek storm in Treasuries

<i>Breakfast with Benjamin</i>: Jeffrey Gundlach has been bracing for trouble in Greece and Puerto Rico by loading up on Treasuries and Ginnie Maes.

By Jeff Benjamin
SEC appeals own judge's decision in case on custodians' payments to advisers for fund picks
NEWS RIAS JUL 13, 2015
SEC appeals own judge's decision in case on custodians' payments to advisers for fund picks

The regulator is fighting a decision by its administrative judge to dismiss charges accusing two financial advisers of <a href=&quot;http://www.investmentnews.com/article/20140902/FREE/140909990/sec-charges-investment-adviser-with-fraud-for-not-telling-clients-of&quot; target=&quot;_blank&quot;>not informing clients</a> they were paid by Fidelity Investments to sell certain mutual funds.

By Trevor Hunnicutt
GMO's Grantham: Stocks near bubble, but there's nothing to pop it
NEWS EQUITIES JUL 13, 2015
GMO's Grantham: Stocks near bubble, but there's nothing to pop it

Money manager says the market still has room to run, but admits allocating assets in today's environment is not easy.

By Gregory Crawford
NEWS RETIREMENT PLANNING JUL 13, 2015
States act as federal legislation on auto IRAs stalls

Maryland, Connecticut aim to boost savings rates; some say the measures could be mandates on small employers.

By Mark Schoeff Jr.
Real estate crowdfunding trend presents new challenges, opportunities for financial advisers
NEWS RIAS JUL 12, 2015
Real estate crowdfunding trend presents new challenges, opportunities for financial advisers

The proliferation of digital platforms puts added emphasis on due diligence.

By Jeff Benjamin
NEWS LIFE INSURANCE AND ANNUITIES JUL 12, 2015
Freeing variable annuities from information overload

Time to allow summary prospectuses for VAs

By MFXFeeder
NEWS RIAS JUL 12, 2015
Fees from custodians fail smell test

Can advisers accepting fees from custodians really be fiduciaries?

By MFXFeeder
NEWS INDUSTRY NEWS JUL 10, 2015
Condos sell fast as for-sale signs on mansions linger

A Connecticut town &amp;mdash; home to some of the country's largest hedge funds &amp;mdash; is seeing a pile-up of luxury houses on the market as a real-estate rebound spurs more owners to try to sell.

By Bloomberg
NEWS RETIREMENT PLANNING JUL 10, 2015
How an elite financial adviser created his own financial freedom

Michael Kitces saves more than half his income and still drives a Kia Spectra, despite great professional success.

By Bloomberg
Gross' fund at Janus suffers worst monthly redemptions since October
NEWS INDUSTRY NEWS JUL 10, 2015
Gross' fund at Janus suffers worst monthly redemptions since October

Investor flows remain inconsistent for Janus Unconstrained Bond Fund, with $39.8 exiting in June.

By Bloomberg
HBO's 'Ballers' and its star, 'The Rock,' play fast and loose with the financial advice industry
NEWS PRACTICE MANAGEMENT JUL 10, 2015
HBO's 'Ballers' and its star, 'The Rock,' play fast and loose with the financial advice industry

Dwayne &quot;The Rock&quot; Johnson plays a retired football player turned money manager trying to win professional athletes as clients.

By Alessandra Malito
Support grows for strengthening variable annuity disclosures
NEWS LIFE INSURANCE AND ANNUITIES JUL 10, 2015
Support grows for strengthening variable annuity disclosures

A so-called summary prospectus would provide information about the risks, costs and benefits of the complicated products in a streamlined manner.

By Mark Schoeff Jr.
NEWS ALTERNATIVES JUL 09, 2015
Citi to pay $180 million for hedge fund sales linked to Smith Barney

Citigroup has agreed to pay $180 million to settle charges tied to two hedge funds the SEC said were improperly marketed and sold by private bankers and Smith Barney brokers.

By Mason Braswell
Janus Capital inflows slow but CEO Weil points to positive trend
NEWS INDUSTRY NEWS JUL 09, 2015
Janus Capital inflows slow but CEO Weil points to positive trend

Investors added $200 million in the second quarter, down from $1.1 billion in the prior period.

By Randy Diamond