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INDUSTRY NEWS MAY 03, 2013
Invest in growth, not geography, American Funds says

An adviser building an equity portfolio is very likely doing so around global benchmark indexes such as the S&P 500 or the MSCI EAFE, but according to American Funds, there is a better way.

By JKEPHART
RETIREMENT PLANNING MAY 03, 2013
More Americans giving up citizenship to dodge taxes

But financial advisers warn such moves could cost you more

By Liz Skinner
RETIREMENT PLANNING MAY 03, 2013
Is renouncing U.S. citizenship financially favorable?

New data indicates more Americans are deciding that the cost of hanging on to U.S. citizenship is too much of a tax burden.

By Liz Skinner
INDUSTRY NEWS MAY 03, 2013
College savings assets soar to $180B

Stock market gains account for much of the rise but advisers doing their part too.

By Liz Skinner
RIAS MAY 03, 2013
UBS listening to shareholders on wealth management split

A powerful shareholder thinks UBS should hive off its investment bank. Given the recent stellar performance of the company's wealth management business, this isn't such a whacky idea.

By Gregory Crawford
EQUITIES MAY 03, 2013
April jobs report speeds ticking of bond bomb

Pickup in hiring, drop in jobless rate pushes stocks to record high ground — and Treasuries down.

By Gregory Crawford
REGULATION AND LEGISLATION MAY 03, 2013
Raymond James' Helck warns of state-level financial transaction taxes

Momentum building in Washington as some see Internet sales tax as opening a door.

By Mark Schoeff Jr.
INDUSTRY NEWS MAY 03, 2013
Manager plots strategy for the onset of inflation

Years of quantitative easing will have an effect; many prices already rising.

By Jeff Benjamin
REGULATION AND LEGISLATION MAY 03, 2013
Walter says SEC puts priority on lifting Reg D ad ban

Republicans express frustration with slow pace, missed deadline

By cmollison
WIREHOUSES MAY 03, 2013
Merrill Lynch bright spot in BofA earnings

Parent earnings miss estimates and stock takes a hit

By AOSTERLAND
RIAS MAY 03, 2013
Richest Olympic cheater of all time? Lance laps the field

Armstrong raked in an estimated $218M from cycling, endorsements; 'like an atomic bomb'

By John Goff
INDUSTRY NEWS MAY 02, 2013
Oil pushing to $100?

Prices are at a one month high, with CNBC's Sharon Epperson and Helima Croft of Barclays

By cmollison
RETIREMENT PLANNING MAY 02, 2013
Advisers affronted by "Frontline" piece

Reaction to documentary split along party lines -- rep or fiduciary.

By Darla Mercado
RETIREMENT PLANNING MAY 02, 2013
SEC halts trading in embattled LTCI seller

Penn Treaty's last financial statement filed in 2008; policyholders in limbo

By Darla Mercado
INDUSTRY NEWS MAY 02, 2013
Brokers slammed in PBS documentary

A new Frontline documentary savages reps — and the actively managed funds they hawk — for purportedly putting retirement savers at risk.

By JKEPHART
LIFE INSURANCE AND ANNUITIES MAY 02, 2013
Acquisition puts Envestnet at top of TAMP list

By Darla Mercado
INDUSTRY NEWS MAY 02, 2013
Gundlach, who often gets it right, has a grim outlook

Jeffrey Gundlach is known as one of the best bond fund managers on the planet, but he also has a remarkable knack for predicting where markets are headed. His latest:he sees the world going to hell in a handbasket.

By JKEPHART
RETIREMENT PLANNING MAY 02, 2013
ING on a voyage to change its name, not its color

Insurer close to being spun off in an initial public offering; business to remain the same.

By Darla Mercado
RIAS MAY 02, 2013
Envestnet nabs Prudential Financial's wealth unit for $30 million

Deal makes Chicago firm tops among turnkey asset management shops.

By Darla Mercado
INDUSTRY NEWS MAY 02, 2013
Is Jeffrey Gundlach a leading indicator?

DoubleLine CEO Jeffrey Gundlach may be the best market prognosticator in decades, writes Jason Kephart.

By JKEPHART