Advisor News

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RETIREMENT PLANNING FEB 04, 2016
DOL fiduciary rule could take $2.4 billion bite out of financial services industry

Implementing the standard on retirement accounts could reduce annual revenues by more than twice current estimates, according to a Morningstar report.

By Bruce Kelly
Apollo, Schorsch's AR Capital call off $378M deal
INDEPENDENT BROKER DEALERS FEB 04, 2016
Apollo, Schorsch's AR Capital call off $378M deal

The REIT czar is not selling his real estate management business to the private equity giant.

By Bruce Kelly
Social Security details new rules on claiming strategies
RETIREMENT PLANNING FEB 03, 2016
Social Security details new rules on claiming strategies

But the Social Security Administration still has no guidelines for file-and-suspend deadlines.

By Mary Beth Franklin
RETIREMENT PLANNING FEB 03, 2016
How much money is your spouse hiding from you?

A new study finds about 13 million Americans have squirreled away a checking, savings or credit-card account from live-in partners.

By Bloomberg
CRM software is old-school but still a trouble spot for many advisers
FINTECH FEB 03, 2016
CRM software is old-school but still a trouble spot for many advisers

T3's Bruckenstein says more than 20% don't use it, while another 20% think they do but really don't.

By Jeff Benjamin
The rich already use robo-advisers, and that scares banks
FINTECH FEB 02, 2016
The rich already use robo-advisers, and that scares banks

Banks are watching wealthy clients flirt with robo-advisers, and that's one reason the lenders are racing to release their own versions of the automated investing technology.

By Bloomberg
WIREHOUSES FEB 02, 2016
UBS U.S. wealth management: more advisers, less earnings

Headcount is up, but unit's earnings are down as a result of strong increase in litigation expenses.

By Christine Idzelis
REGULATION, LEGAL & COMPLIANCE FEB 02, 2016
The short list of those who could succeed Ketchum at Finra

Experts think the top candidates will have SEC experience.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT FEB 02, 2016
Finra restitution to investors triples to $96.2 million in 2015

Though fines dropped last year, experts think the regulator's revised sanctions guidelines will mean an upward trend in penalties as well.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT FEB 02, 2016
Labor Department's fiduciary rule survives challenge

By Mark Schoeff Jr.
PRACTICE MANAGEMENT FEB 02, 2016
Seniors a 'bulls-eye' for scams uncovered by the states

Advisers can help elderly clients avoid being a target, securities regulator says.

By Liz Skinner
Druckenmiller backs Kasich as best bet to beat Hillary Clinton
REGULATION, LEGAL & COMPLIANCE FEB 01, 2016
Druckenmiller backs Kasich as best bet to beat Hillary Clinton

'Kasich has been my favorite all along,' the billionaire money manager said.

By Bloomberg
REGULATION, LEGAL & COMPLIANCE FEB 01, 2016
Adviser groups, financial firms keep cash flowing to congressional candidates

Organizations that dominate lobbying expenditures also donate the most to political campaigns. Leading the charge are NAIFA and the ICI, while TD Ameritrade contributed just $9,000.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT FEB 01, 2016
These days, running for president means talking tough about Wall Street reform

<i>Breakfast with Benjamin</i> These days, running for president means talking tough about Wall Street reform.

By Jeff Benjamin
How to best adjust your plans to new Social Security claiming strategies
RETIREMENT PLANNING FEB 01, 2016
How to best adjust your plans to new Social Security claiming strategies

Here are a few scenarios that can help guide your claiming decisions.

By Mary Beth Franklin
INDEPENDENT BROKER DEALERS FEB 01, 2016
Advisers cast their vote on who should be the next president

2,041 advisers surveyed by <i>InvestmentNews</i> weigh in on the presidential election

By Ellie Zhu
SEC fines RIA $2.8 million and bars owner in 'Madoff of Main Street' case
REGULATION, LEGAL & COMPLIANCE FEB 01, 2016
SEC fines RIA $2.8 million and bars owner in 'Madoff of Main Street' case

Regulator bars owner of Total Wealth Management, Jacob Cooper, known as 'Main Street Madoff' by former clients, and holds him liable in case where losses are expected to total as much as $44 million.

By Mason Braswell
RETIREMENT PLANNING JAN 31, 2016
Adviser Twitter fight erupts when Dave Ramsey bashes DOL fiduciary rule

The controversial financial guru said the Labor Department rule would &quot;kill&quot; the middle class' ability to get retirement advice.

By Mark Schoeff Jr.
RETIREMENT PLANNING JAN 31, 2016
The next big thing in retirement advice

Guidance for plan sponsors on how to motivate employees to get beyond their 401(k) inertia

By Christine Gaze
REGULATION, LEGAL & COMPLIANCE JAN 29, 2016
DOL fiduciary rule arrives at OMB

A Labor Department rule that would raise investment advice standards for retirement accounts took its last step toward finalization Thursday night.

By Mark Schoeff Jr.