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REGULATION AND LEGISLATION DEC 15, 2011
RJ pays record $1.8M to 87-year-old client

By Darla Mercado
RIAS DEC 15, 2011
Atlanta: Wealth management prospects down, but not out

A bit of Southern hospitality mixed with big-city benefits has helped Atlanta remain an ideal place to build a wealth management business, even though it is still recovering from an economic downturn.

By Liz Skinner
Frank: I'm against an SRO for advisers
REGULATION AND LEGISLATION DEC 15, 2011
Frank: I'm against an SRO for advisers

Good news for advisers, but influential pol also plans to defend Dodd-Frank in his final days in office

By Mark Schoeff Jr.
Longtime RJFS CEO to retire
RIAS DEC 15, 2011
Longtime RJFS CEO to retire

Raymond James Financial Inc. will see a number of upper-management changes in the new year, including the departure of Dick Averitt, longtime chief executive of Raymond James Financial Services Inc.

By Bruce Kelly
Stronger greenback bad news for gold
INDUSTRY NEWS DEC 15, 2011
Stronger greenback bad news for gold

Price of precious metal hits three week low; allure tarnished?

By John Goff
INDUSTRY NEWS DEC 15, 2011
Frank Holmes: What's really driving gold?

Frank Holmes, chief executive officer and chief investment officer of U.S. Global Investors, stopped by the <i>InvestmentNews</i> office to talk about the direction of gold throughout the remainder of 2011, and beyond.

By Mark Bruno
MSSB's tech 'teething pains' a big headache for brokers
PRACTICE MANAGEMENT DEC 15, 2011
MSSB's tech 'teething pains' a big headache for brokers

Sources say that the rollout of a single technology system at Morgan Stanley and its brokerage unit has been anything but seamless, with intermittent outages and other assorted glitches and snafus.

By Andrew Osterland
REGULATION AND LEGISLATION DEC 15, 2011
Long, slow path looms for investment adviser SRO

On Wall Street, fortunes can be made and lost over the course of a trading day, and firms such as MF Global can collapse in a week

By Mark Schoeff Jr.
Parents hazed as cost of state schools soars
RETIREMENT PLANNING DEC 15, 2011
Parents hazed as cost of state schools soars

Tuition and fees skyrocket as cash-strapped legislatures look to fill budget gaps

By John Goff
California to close adviser-sold 529 plan after failing to find program manager
RETIREMENT PLANNING DEC 15, 2011
California to close adviser-sold 529 plan after failing to find program manager

California is closing its adviser-sold Section 529 college savings plan and folding its $283 million in assets into the state's much larger direct-sold plan, after failing to find a company to manage the adviser-sold plan.

By Liz Skinner
INDUSTRY NEWS DEC 14, 2011
The real threat?

A nation's GDP to debt ratio usually becomes worrisome near 90%. Japan's is now over 200%. Forget Europe, writes Barry Glassman, Japan is the global economy's real elephant in the room. | Related graphic: <a href=http://www.investmentnews.com/apps/pbcs.dll/misc?url=/misc/zoom.pbs&amp;Site=CI&amp;Date=20111213&amp;Category=FREE&amp;ArtNo=111219978&amp;Ref=V2&amp;credit=Glassman%20Wealth%20Management>Japan vs. the Euro land.</a>

By Mark Bruno
Dermatology firm skinned its employees in stock buyback: SEC
REGULATION AND LEGISLATION DEC 14, 2011
Dermatology firm skinned its employees in stock buyback: SEC

Stiefel Labs accused of repurchasing shares without disclosing true value of the firm &#8212; or its imminent sale to pharma giant; charges denied

By Liz Skinner
LIFE INSURANCE AND ANNUITIES DEC 14, 2011
Hartford sells private-placement ops

By Darla Mercado
RIAS DEC 14, 2011
VA charge hits ING hard

A hefty charge that ING Groep NV will take on its American variable annuity business appears to be a mixed blessing for investors hoping to snap up shares of the company's insurance unit once it makes its public debut.

By Darla Mercado
Gold gains most in three weeks as weaker dollar may spur demand
INDUSTRY NEWS DEC 14, 2011
Gold gains most in three weeks as weaker dollar may spur demand

Gold climbed the most in three weeks in London as a weaker dollar may accelerate demand for the metal as an alternative asset.

By Doug Cubberley
Industry to SEC: Review SRO rules, too
REGULATION AND LEGISLATION DEC 14, 2011
Industry to SEC: Review SRO rules, too

Industry groups want the SEC to review and possibly eliminate many of its regulations &#8212; including self-regulatory-organization rules.

By Dan Jamieson
Advisers' altruism is an inspiration
OPINION DEC 14, 2011
Advisers' altruism is an inspiration

Working with the Invest in Others Charitable Foundation over the past five years has given me a chance to witness the selflessness of people in the financial services industry

By Jim Pavia
LIFE INSURANCE AND ANNUITIES DEC 14, 2011
Allianz Preferred perks strike nerve with agents

A new Allianz Life distribution program -- one that rewards top indexed-annuity sellers with exclusive products -- is ruffling feathers among agents and marketing groups

By Darla Mercado
Schwab franchise plan could be a hard sell
RIAS DEC 14, 2011
Schwab franchise plan could be a hard sell

As The Charles Schwab Corp. officially begins promoting its new Independent Branch Services franchise program, observers wonder how the firm will pull off the ambitious plan to expand its footprint with independent contractors.

By Dan Jamieson
INDUSTRY NEWS DEC 13, 2011
It's suitable for framing

That's about the only upside of purchasing a share of the NFL's Green Bay Packers, whose currently for-sale stock can't be resold or traded, and according to the prospectus, does not constitute an investment. Punt.

By Jeff Benjamin