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INDUSTRY NEWS MAR 23, 2010
BlackRock's Bob Doll makes sense of the market correction

By John Goff
INDUSTRY NEWS MAR 23, 2010
Bob Doll named chief equity strategist in BlackRock shuffle

Robert Doll has the new title of chief equity strategist for BlackRock's fundamental equities platform, one of a number of changes the money management giant announced internally today.

By Douglas Appell
INDUSTRY NEWS MAR 23, 2010
Raymond James' Dr. Brown: How to read the economic indicators

The advance figure for fourth quarter growth surprised to the upside, although the story was largely as anticipated.

By Scott J. Brown
INDUSTRY NEWS MAR 23, 2010
Money managers still psyched about tech, large-cap growth

Technology and large-cap growth remain the darlings of money managers, while fixed income is losing its appeal, according to the latest quarterly survey of investment professionals by Russell Investments.

By Jeff Benjamin
REGULATION AND LEGISLATION MAR 23, 2010
Not a 'czar,' but reigns over pay

Kenneth Feinberg isn't being paid for the long hours he's putting in as the Treasury Department's special master to determine executive compensation at companies that received bailout money, but the decisions he's making are likely to percolate throughout the financial services industry for years to come.

By Bloomberg
Institutional money managers get more bullish on the technology sector, Russell survey shows
INDUSTRY NEWS MAR 23, 2010
Institutional money managers get more bullish on the technology sector, Russell survey shows

The technology sector continues to stand out as an area of opportunity, according to the latest quarterly survey of investment professionals by Russell Investments.

By Jeff Benjamin
INDUSTRY NEWS MAR 22, 2010
E*Trade resorts to reverse stock split to boost share price

If approved by company shareholders, the move would instantly hike the price of the online brokerage to $11.50. But research says the market isn't overly fond of such maneuvers.

By Aaron Elstein
RETIREMENT PLANNING MAR 22, 2010
Putnam makes online Roth IRA tool available to both advisers and clients

Move aimed at helping to open up a dialogue between high-income investors and their advisers

By Darla Mercado
Dodd's revised bill a mixed bag for financial advisers
REGULATION AND LEGISLATION MAR 22, 2010
Dodd's revised bill a mixed bag for financial advisers

In: Investor Advocate office, ramped up protection for senior investors; Out: fiduciary standard for brokers who give advice

By InvestmentNews Staff
Dodd deal with Corker on financial reform falls through
REGULATION AND LEGISLATION MAR 22, 2010
Dodd deal with Corker on financial reform falls through

In a surprise, Conn. Democrat Christopher Dodd called it quits on hammering out a bi-partisan financial reform bill. The upshot? Expect plenty of tweaks to the financial system, but little change.

By Associated Press
Dodd to offer his own financial regulation bill
REGULATION AND LEGISLATION MAR 22, 2010
Dodd to offer his own financial regulation bill

The Senate Banking Committee Chairman says he's working with Republican Sen. Bob Corker of Tennessee to propose legislation.

By Bloomberg
INDUSTRY NEWS MAR 22, 2010
JPMorgan's David Kelly: Potential and momentum in the week ahead

The latest readings on the economy, like a bowling ball on a countertop, are exhibiting little momentum but still, underneath, have plenty of potential.

By David Kelly
RETIREMENT PLANNING MAR 22, 2010
Roth apathy is the real gamble

For advisers and their clients, making a fully informed, balanced decision not to convert to a Roth IRA is — unequivocally — a legitimate choice.

By Ben Norquist
RETIREMENT PLANNING MAR 22, 2010
Convert existing IRAs into multiple Roths

Roth IRA conversions should be discussed with most investors this year as part of their overall retirement planning strategy.

By Craig Brimhall
INDUSTRY NEWS MAR 22, 2010
Raymond James' Jeffrey D. Saut: 'I should have!'

The equity markets seem to be worried about neither deflation nor inflation as gold, and crude oil, are relatively flat and the preopening S&P 500 futures are better by some 4 points.

By Jeffrey D. Saut
RETIREMENT PLANNING MAR 22, 2010
AllianceBernstein beefs up target funds

With regulators and lawmakers continuing to scrutinize the blowup of target date funds in 2008, AllianceBernstein LP is adding a component to its lineup of target date funds aimed at managing market volatility better.

By Jessica Toonkel Marquez
INDUSTRY NEWS MAR 22, 2010
JPMorgan's David Kelly: What to look for in the week ahead

The week ahead should be relatively quiet across a number of fronts.

By David Kelly
REGULATION AND LEGISLATION MAR 22, 2010
State oversight of RIAs will breed more Ponzis, attorneys say

Ponzi scam artists will have greater freedom to flourish if state regulators are assigned expanded oversight of RIA firms, according to panelists at the Financial Services Institute Inc.'s annual conference last week.

By Bruce Kelly
BROKER DEALERS MAR 22, 2010
GunnAllen to be bought by Progressive Asset Management

Firm to be acquired by socially conscious investing shop; combined broker-dealers in top 30 of independent B-Ds

By Bruce Kelly
LIFE INSURANCE AND ANNUITIES MAR 22, 2010
AIG makes key hires and sells more assets

American International Group Inc. recently made several high-level appointments and agreed to sell some assets, but recruiting talent and repaying government debt will remain challenges, according to experts.

By Colleen Mccarthy