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FINTECH SEP 27, 2011
How advisers can really make tech pay off

Financial advisers often equate technology with progress. And while it can be one of the major keys to unlocking profitability, it also can be responsible for strangling and stifling your firm.

By Davis Janowski
INDUSTRY NEWS SEP 27, 2011
Roubini: Without stimulus, another Great Depression

The slowdown in the world economy has accelerated the timing and likelihood of a new global financial crisis, gloom-and-doom economist Nouriel Roubini said last week

By Bloomberg
MetLife leads VA sales as top firms gain share
LIFE INSURANCE AND ANNUITIES SEP 27, 2011
MetLife leads VA sales as top firms gain share

MetLife Inc., the largest U.S. life insurer, regained the top spot in variable-annuity sales in the first half of the year, leading a group of five firms expanding their dominance in the industry.

By Doug Cubberley
Warren Buffett to buy $5B of Bank of America
INDUSTRY NEWS SEP 26, 2011
Warren Buffett to buy $5B of Bank of America

Bank of America Corp., the biggest U.S. bank - and the financial stock hit harder than any other this year - said Warren Buffett's Berkshire Hathaway Inc. will invest $5 billion in the company. The news had shares of BofA up 20% in early morning trading.

By Mark Bruno
Bernanke signaling no quantitative easing supported by data
FIXED INCOME SEP 26, 2011
Bernanke signaling no quantitative easing supported by data

Federal Reserve Chairman Ben S. Bernanke tomorrow may disappoint stock investors betting on a commitment to step up stimulus. He has little choice, given rising consumer prices and a U.S. economy that is still growing.

By Doug Cubberley
INDUSTRY NEWS SEP 26, 2011
Berkshire Hathaway bingeing on shares of Wells Fargo

Warren E. Buffett's Berkshire Hathaway Inc. has increased its stake in Wells Fargo & Co. (WFC), building equity holdings amid a market decline that the billionaire investor said provided an opportunity for buying stocks “on sale”

By Bloomberg
Wealth gap between races now a canyon, Pew finds
RETIREMENT PLANNING SEP 26, 2011
Wealth gap between races now a canyon, Pew finds

Average net worth of white households at $113K; number closer to $6K for black households

By John Goff
REGULATION AND LEGISLATION SEP 25, 2011
Fiduciary timetable pushed back into 2012

Advocates of extending fiduciary duty to cover more financial advisers had their hopes dashed last week — at least temporarily — as the two federal agencies that have been considering such a rule acknowledged that no action will be taken this year

By Mark Schoeff Jr.
RIAS SEP 25, 2011
Product aims to mitigate risk for RIAs

The MDE Group Inc., a $1.3 billion institutional wealth management firm, is making an official expansion into the registered investment adviser business with the launch of Risk 3.0 Asset Management

By Jeff Benjamin
RIA deals MIA in second half of 2011
RIAS SEP 23, 2011
RIA deals MIA in second half of 2011

Market volatility derails tie-ups; 'buyers and sellers backing off'

By Bloomberg
RIA merger mania still on as Cornerstone and Regal hook up
RIAS SEP 23, 2011
RIA merger mania still on as Cornerstone and Regal hook up

Deal gives smaller firm foot into university employee market

By Bloomberg
REGULATION AND LEGISLATION SEP 23, 2011
Liars clubbed? SEC cracking down on tarted-up ADVs

Commission looks to smoke out exaggerations about education, AUM; 'unlikely to graduate to larger frauds'

By Mark Schoeff Jr.
Valuations plumping up as RIA deals approach record
RIAS SEP 23, 2011
Valuations plumping up as RIA deals approach record

National consolidators, PE firms leading the charge; fourth quarter deals already hopping

By Andrew Osterland
Are your tax-free munis legit? The IRS wants to know
RETIREMENT PLANNING SEP 23, 2011
Are your tax-free munis legit? The IRS wants to know

Agency to begin collecting data on municipal bonds from MSRB; has authority to nix tax break

By John Goff
Compliance expert: 'Switch' will dramatically undercut oversight
REGULATION AND LEGISLATION SEP 23, 2011
Compliance expert: 'Switch' will dramatically undercut oversight

Many investment advisers are busily preparing for the upcoming switch from SEC oversight to state regulation. But one compliance expert believes enforcement will drop off dramatically after the hand-off, and in some states, advisers won't even face examinations. | <b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20110923&amp;Category=FREE&amp;ArtNo=923009999&amp;Ref=PH>The 10 states with the most CFPs</a> | <b>Comp</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20110923&amp;Category=FREE&amp;ArtNo=923009998&amp;Ref=PH>What top RIA execs make</a>

By Mark Schoeff Jr.
Surprise! GOP voters want to tax the rich, too
REGULATION AND LEGISLATION SEP 23, 2011
Surprise! GOP voters want to tax the rich, too

Survey shows 53% back the Buffett rule to narrow the deficit; are candidates listening?

By John Goff
RIAS SEP 23, 2011
Edelman Financial to exit indie-rep business

Draw your own conclusion, but high-profile RIA Edelman Financial is bailing on the indie-rep business. In explaining the move, co-founder Ric Edelman called the indie B-D channel 'severely flawed,' adding that many broker-dealers will have trouble surviving.<br><b>Extra</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20110923&amp;Category=FREE&amp;ArtNo=923009998&amp;Ref=PH>What top RIA execs make</a>

By Bruce Kelly
Wall Street workers expect bonuses to shrink
INDUSTRY NEWS SEP 23, 2011
Wall Street workers expect bonuses to shrink

More Wall Street finance professionals expect bonuses to fall than rise over the next three years, according to an eFinancialCareers.com survey.

By Mark Bruno
Regulators run Volcker rule up the flagpole
REGULATION AND LEGISLATION SEP 23, 2011
Regulators run Volcker rule up the flagpole

Banks not likely to salute; fixed-income desks would take substantial hit

By John Goff
RIAS SEP 23, 2011
Focus Financial fills another hole, buys niche RIA

Fifth deal for form this year

By Andrew Osterland