Advisor News

Displaying 26599 results
FINTECH APR 22, 2010
Advisers with iPhones, meet the Cinemin Swivel micro projector

By Davis Janowski
Should clients use immediate annuities in retirement?
RETIREMENT PLANNING APR 22, 2010
Should clients use immediate annuities in retirement?

Take a look at a simple example and see under what circumstances an immediate annuity might be appealing.

By Charlie Farrell
Peter Schiff: The Fed is inflating the 'biggest bubble of them all'
REGULATION AND LEGISLATION APR 22, 2010
Peter Schiff: The Fed is inflating the 'biggest bubble of them all'

During the 1990s, inflationary Federal Reserve policy fueled a tech stock bubble. When that bubble burst, the Fed inflated a larger one in real estate. Now that the real estate bubble has burst, the Fed is inflating the biggest bubble of them all -- a government bubble.

By Bloomberg
REGULATION AND LEGISLATION APR 22, 2010
It's time to shed some light on 12(b)-1 fees

Clients should be armed with as much data as possible when making investment decisions

By Jim Pavia
RETIREMENT PLANNING APR 22, 2010
Peter Schiff: 'Good reason to believe' home prices will collapse

Broker -- and candidate for the U.S. Senate -- says the latest government plan will further distort the underlying economics of the real estate market

By John Goff
OPINION APR 21, 2010
'Garden leave' policies are absurd

In the old days (pre 2004), firms would sue each other when an Advisor went from one firm to the other.

By Danny Sarch
FINTECH APR 21, 2010
Chart: 10 fund companies that have made $12B from the Ipad

Apple Inc.'s introduction of the IPad help boost the investment value for its top 20 owners by as much as $16.9 billion since the day before Chief Executive Officer Steve Jobs unveiled the device.

By Bloomberg
WIREHOUSES APR 21, 2010
Merrill Lynch will pay Maine $400K to settle claims over improper securities sales

Maine securities regulators say Merrill Lynch will pay the state $400,000 to resolve claims that the brokerage allowed some of its associates to sell securities without being properly registered.

By Associated Press
WIREHOUSES APR 21, 2010
Clearing the air about wirehouse news coverage

If everybody thinks we're picking on them, it probably means we're serving the people we're supposed to be serving: our readers.

By Bloomberg
RIA NEWS APR 21, 2010
Morgan Stanley wealth manager moves to HighTower

HighTower Advisors LLC has hired another adviser from Morgan Stanley Smith Barney LLC's ranks — despite facing a continuing “lift-out” lawsuit that Morgan Stanley brought against it last month.

By John Goff
RIA NEWS APR 21, 2010
HighTower snatches longtime Morgan Stanley team

HighTower Advisors LLC announced today that it has snapped up another team of advisers, this time from Morgan Stanley Smith Barney LLC.

By Hilary Johnson
FINTECH APR 20, 2010
Presentation gadgets take a load off road warriors

After handling several technology presentations at industry events — where I was forced to haul my heavy laptop through airports so I could hook it into a bulky projector — I decided to look into lightweight alternatives.

By Davis Janowski
RIA NEWS APR 20, 2010
Neuberger Berman taps J.P. Morgan Clearing as new custodian

Move expected to occur during the second quarter, and will affect approximately 50,000 client accounts.

By Hilary Johnson
REGULATION AND LEGISLATION APR 20, 2010
SEC claims investment firm took L.A. bus drivers for a ride

The commission files charges in an alleged $14.7 million Ponzi scheme aimed at retired bus drivers in Los Angeles.

By Hilary Johnson
Four NYC reps sue LPL for discrimination
REGULATION AND LEGISLATION APR 20, 2010
Four NYC reps sue LPL for discrimination

Firm sued by four reps for ethnic slurs allegedly made by a sales manager

By Bruce Kelly
FINTECH APR 20, 2010
Ease of shift from Pershing platform surprises reps who stayed with LPL

Advisers once annoyed by LPL Financial's decision to move brokers from three acquired firms off Pershing LLC's clearing platform say they're pleasantly surprised by how the independent broker-dealer has eased their transition.

By Darla Mercado
REGULATION AND LEGISLATION APR 19, 2010
Adviser promising 483% returns—in less than two months—charged with $18M fraud

Gryphon Holdings Inc.'s owner and four employees of the Staten Island, New York-based investment firm were charged with conspiracy to commit securities fraud and wire fraud in an alleged $17.5 million scheme.

By Bloomberg
REGULATION AND LEGISLATION APR 19, 2010
Fed paper looks at ways to detect risks

After being blamed for failing to spot indicators leading to the latest recession, the Fed comes up with "an early warning system" to help detect problems before they reach crisis proportions.

By Bloomberg
RETIREMENT PLANNING APR 19, 2010
Fidelity to level fees for DC plan advisers

Under pressure from financial advisers who want to act as fiduciaries in 401(k) plans, Fidelity Investments plans to institute level 12(b)-1 mutual fund fees paid to advisers who sell the firm's plans.

By Jessica Toonkel Marquez
RETIREMENT PLANNING APR 19, 2010
Ranks of U.S. millionaires swelled in '09

Post-recession, the numbers of millionaires climbed to nearly 8 million. That still trails the all-time high of 9.2 million reached in 2007

By Hilary Johnson