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RETIREMENT PLANNING JUN 03, 2015
Money Milestones: Downsides of a 529 college savings plan

Is handcuffing parents while they save for the children's college education a good thing?

By By Bill DeShurko
INDUSTRY NEWS JUN 03, 2015
Broadway show investments bring bright lights, small returns

Investing in musicals and plays can lead to handshakes with A-list celebrities, but don't expect to get your money back.

By Bloomberg
Adviser ordered to pay more than $1 million in SEC fraud cases
PRACTICE MANAGEMENT JUN 03, 2015
Adviser ordered to pay more than $1 million in SEC fraud cases

Sage Advisory Group principal Benjamin Lee Grant agrees to permanent bar.

By Alessandra Malito
Yellen says expect a rate increase this year
INDUSTRY NEWS JUN 03, 2015
Yellen says expect a rate increase this year

Federal Reserve chief says indicators are moving in the right direction; rate hikes will be gradual.

By Bloomberg
Making the most of Facebook for your advisory practice
OPINION JUN 03, 2015
Making the most of Facebook for your advisory practice

Establishing your presence on the site is the first step in making the platform work for you.

By Kristin Andree
EQUITIES JUN 02, 2015
Advisers, pay attention to home-country bias in 401(k) menus

Eliminate over-allocations to the U.S. market by encouraging plan sponsors to add international options to menus and explaining diversification benefits to participants.

By Greg Iacurci
FINTECH JUN 02, 2015
FTC investigation finds glitch to blame in Morgan Stanley data breach

Morgan Stanley won't face Federal Trade Commission action as a result of a data breach that compromised information of some 350,000 clients.

By Mason Braswell
REGULATION AND LEGISLATION JUN 02, 2015
Legislation would give SEC more time to go after fraudsters

Sen. Reed proposes extending the statute of limitations on securities law violators from five years to 10.

By Mark Schoeff Jr.
Advisory firm calls for REIT to cut ties with Schorsch firm
RIAS JUN 02, 2015
Advisory firm calls for REIT to cut ties with Schorsch firm

Says New York REIT has too much executive and board overlap with AR Capital.

By Bruce Kelly
What advisers should do after a cyberattack
FINTECH JUN 02, 2015
What advisers should do after a cyberattack

Hacks are becoming more common, and knowing how to respond quickly is critical.

By Alessandra Malito
INDUSTRY NEWS JUN 02, 2015
Art collector flipped painting to make 220% in six months

An anonymous seller scored a gain with a Francis Picabia painting last month, beating the Standard and Poor's Index's 3.2% return for the same time period.

By Bloomberg
RIAS JUN 02, 2015
The top RIAs pose strong competition to large brokerages

The top of <i>InvestmentNews'</i> annual ranking of fee-only RIAs features traditional firms that collectively pose a threat to the largest brokerages.</br><b><i>(Plus: <a href=&quot;http://www.investmentnews.com/section/specialreport/20150531/RIA201505&quot; target=&quot;_blank&quot;>Our full RIA Rundown 2015 special report</a>)</b></i>

By Mason Braswell
RCAP earnings down on weaker sales of nontraded REITs
ALTERNATIVES JUN 02, 2015
RCAP earnings down on weaker sales of nontraded REITs

Broker-dealer built by Nicholas Schorsch nearly doubled first-quarter loss from a year ago, thanks to weakness in the wholesale distribution of investment products.

By Bruce Kelly
Pimco Total Return loses title of world's largest bond fund
INDUSTRY NEWS JUN 02, 2015
Pimco Total Return loses title of world's largest bond fund

$5.6 billion in outflows in April put Vanguard Total Bond Market fund on top with $117.3 billion in assets.

By Bloomberg
REGULATION AND LEGISLATION JUN 01, 2015
Digital services must adhere to core fiduciary principles

Advisers should step back from the current industry fixation on digital portfolio management capabilities to think about what investors may find most useful.

By Blaine F. Aikin
Supreme Court rulings imminent in cases with financial planning implications
REGULATION AND LEGISLATION JUN 01, 2015
Supreme Court rulings imminent in cases with financial planning implications

High court is set to announce opinions in two cases &amp;mdash; one on same-sex marriage and another on health care &amp;mdash; that will impact the advice financial planners deliver to clients.

By Liz Skinner
Supreme Court decision in 401(k) case may have profound effect on fiduciary debate
RETIREMENT PLANNING JUN 01, 2015
Supreme Court decision in 401(k) case may have profound effect on fiduciary debate

Portions of the recent decision appear to be at odds with the DOL's intentions.

By Brendan P. McGarry and Stefan R. Dandelles
American Pharoah's Triple Crown chances aside, most racehorses consume more than they pay out
ALTERNATIVES JUN 01, 2015
American Pharoah's Triple Crown chances aside, most racehorses consume more than they pay out

Most advisers tell clients to think of horse racing as an expensive hobby, not a business venture.

By Liz Skinner
American Pharoah's Triple Crown chances aside, most racehorses consume more than they pay out
INDUSTRY NEWS JUN 01, 2015
American Pharoah's Triple Crown chances aside, most racehorses consume more than they pay out

Most financial advisers tell investors to think of horse racing as an expensive hobby, not a business venture.

By Liz Skinner
Finra wants to allow online CE training
PRACTICE MANAGEMENT JUN 01, 2015
Finra wants to allow online CE training

Brokers would be able to conduct continuing education online rather than having to go to a test center.

By Mark Schoeff Jr.