Advisor News

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Kocherlakota: If you're over 65, you should love the Fed
REGULATION, LEGAL & COMPLIANCE MAR 10, 2016
Kocherlakota: If you're over 65, you should love the Fed

If low interest rates have posed a challenge for seniors, why then have they done relatively well in terms of consumption and income?

By Bloomberg
Wells Fargo sued by SEC over bond sale for Curt Schilling
REGULATION, LEGAL & COMPLIANCE MAR 10, 2016
Wells Fargo sued by SEC over bond sale for Curt Schilling

Bank and Rhode Island didn't disclose cash shortfall, SEC says

By Bloomberg
EQUITIES MAR 10, 2016
Donald Trump's health care plan starts with repealing Obamacare

<i>Breakfast with Benjamin</i> Donald Trump's health care plans includes repealing Obamacare, along with six other points. It promises to be yuuge.

By Jeff Benjamin
PRACTICE MANAGEMENT MAR 10, 2016
Confirmation quagmire mustn't deter SEC

Despite it being unlikely that two SEC nominees get confirmed anytime soon, the regulator must not hesitate in getting on with its important mission.

By MFXFeeder
SEC director says assuming 10% of advisers are reviewed each year is wrong
PRACTICE MANAGEMENT MAR 10, 2016
SEC director says assuming 10% of advisers are reviewed each year is wrong

Marc Wyatt, head of the agency's inspections arm, says his division analyzes data from many more to decide which to target.

By Mark Schoeff Jr.
RETIREMENT PLANNING MAR 10, 2016
Women face a heavier financial burden from student loans

Women with loans end up paying more for college than men because they take longer to repay their debt, which accumulates interest over time.

By Bloomberg
RETIREMENT PLANNING MAR 10, 2016
Medicare, reverse mortgages and the complexities of retirement planning

There is a critical nexus between financial advising, tax planning and health care planning that is more and more important in today's world.

By Katy Votava
NFL star Freeney can proceed with fraud claim against Merrill Lynch
WIREHOUSES MAR 10, 2016
NFL star Freeney can proceed with fraud claim against Merrill Lynch

NFL star claims Merrill Lynch was complicit in a scheme that caused him to lose $20 million.

By Bloomberg
RETIREMENT PLANNING MAR 10, 2016
What Saints owner Tom Benson's estate dispute could teach your family

The billionaire prevailed in a fight to continue to handle his own financial affairs. Find out how to protect your estate before a similar conflict erupts.

By by Danielle and Andy Mayoras
How to beat the robo-advisers
FINTECH MAR 09, 2016
How to beat the robo-advisers

Utilize technology to make interactions with clients more efficient and on-demand.

By Sheryl Rowling
Perez to lawmakers: I'll walk you through changes to DOL fiduciary rule
REGULATION, LEGAL & COMPLIANCE MAR 08, 2016
Perez to lawmakers: I'll walk you through changes to DOL fiduciary rule

Labor Secretary says its rule raising advice standards on retirement accounts is coming soon, and he will detail what was altered from the original proposal

By Mark Schoeff Jr.
SEC nominees to be vetted next week in Senate
REGULATION, LEGAL & COMPLIANCE MAR 08, 2016
SEC nominees to be vetted next week in Senate

Republican Hester Peirce and Democrat Lisa Fairfax would not likely shake up the status quo on the five-person panel.

By Mark Schoeff Jr.
Google searches for 'fiduciary duty' spike as pending DOL rule gets closer
PRACTICE MANAGEMENT MAR 08, 2016
Google searches for 'fiduciary duty' spike as pending DOL rule gets closer

Brokers and advisers are not the only ones looking for more information.

By Ellie Zhu
EQUITIES MAR 08, 2016
New IRA targets socially conscious millennial savers

<i>Breakfast with Benjamin</i> There's a new low-minimum IRA targeted to young investors who want their money invested in companies dedicated to sustainability.

By Jeff Benjamin
The year of the client portal
FINTECH MAR 08, 2016
The year of the client portal

Technology companies may be falling behind if they don't offer a client portal in some way, shape or form.

By Alessandra Malito
TD Ameritrade's Nally: Rivals cast RIA marketplace as 'Wild West'
REGULATION, LEGAL & COMPLIANCE MAR 08, 2016
TD Ameritrade's Nally: Rivals cast RIA marketplace as 'Wild West'

TD Ameritrade Institutional President Tom Nally is urging financial advisers to help restore the industry's reputation with investors amid heightened regulatory scrutiny of the wealth management industry.

By Christine Idzelis
3 essential personality traits for becoming a billionaire
RETIREMENT PLANNING MAR 07, 2016
3 essential personality traits for becoming a billionaire

New research conducted over two decades across the 14 largest billionaire markets in the world found stark differences between the billionaires &#8220;of old&#8221; and today.

By John Mathews
OPINION MAR 07, 2016
Billionaire wealth is not guaranteed forever

New research conducted over two decades across the 14 largest billionaire markets in the world found stark differences between the billionaires &#8220;of old&#8221; and today.

By John Mathews
Fidelity study says half of RIAs foresee negative business impact due to DOL fiduciary rule
RETIREMENT PLANNING MAR 07, 2016
Fidelity study says half of RIAs foresee negative business impact due to DOL fiduciary rule

Registered investment advisers are already held to a fiduciary standard by the SEC, but many envision higher costs and time spent on compliance-related tasks.

By Greg Iacurci
Peyton Manning's happy retirement hinges on good planning, smart decisions
RETIREMENT PLANNING MAR 07, 2016
Peyton Manning's happy retirement hinges on good planning, smart decisions

Athletes need to save during short careers to pay for long retirements.

By Liz Skinner