Advisor News

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INVESTING EQUITIES MAY 23, 2014
The housing recovery is falling flat

On today's <i>Breakfast with Benjamin</i> menu, the housing recovery might have fizzled out. Plus more on junk bond yields, a big Barclays fine and much more.

By Jeff Benjamin
ADVISOR NEWS INDEPENDENT BROKER DEALERS MAY 23, 2014
Valerie Brown out at Cetera

Valerie Brown, longtime head of Cetera Financial Group and its predecessor ING broker-dealers, has stepped down and is being replaced by Larry Roth.

By Bruce Kelly
The tricky first-year rule for working while collecting Social Security
ADVISOR NEWS RETIREMENT PLANNING MAY 23, 2014
The tricky first-year rule for working while collecting Social Security

New retirees can use monthly rather than annual earnings limit.

By Mary Beth Franklin
Delaying Social Security can outperform investment returns
ADVISOR NEWS RETIREMENT PLANNING MAY 23, 2014
Delaying Social Security can outperform investment returns

But break-even period can be at least 20 years.

By Mary Beth Franklin
Social Security earnings limits can reduce spousal benefits, too
ADVISOR NEWS RETIREMENT PLANNING MAY 23, 2014
Social Security earnings limits can reduce spousal benefits, too

Earnings restrictions disappear at full retirement age.

By Mary Beth Franklin
ADVISOR NEWS RETIREMENT PLANNING MAY 23, 2014
Baby boomer, Gen X women fear not having enough retirement savings

Congresswoman encourages growth in number of female financial advisers.

By Mark Schoeff Jr.
RIAS PRACTICE MANAGEMENT MAY 23, 2014
4 reasons you keep losing your best employees

High employee turnover is brutal for a service business such as financial advice. Joe Duran on how to create a dynamic culture within your office.

By Joe Duran
ADVISOR NEWS INDEPENDENT BROKER DEALERS MAY 23, 2014
Larry Roth's doing a lot more than selling nontraded REITs

There's hard evidence that he has been the architect behind Nick Schorsch's growing broker-dealer empire.

By Bruce Kelly
INVESTING ALTERNATIVES MAY 23, 2014
REIT firm KBS battling Schorsch's American Realty Capital over claim of trade secret theft

Nicholas Schorsch's American Realty Capital Advisors and rival nontraded-REIT sponsor KBS Capital Advisors are locked in a legal battle over proprietary information and trade secrets. Bruce Kelly reports.

By Bruce Kelly
INVESTING ALTERNATIVES MAY 23, 2014
Nontraded REIT Inland Diversified Real Estate Trust to merge with Kite Realty Group Trust

Inland Diversified Real Estate Trust has agreed to merge with a publicly traded REIT in a $2.1 billion all-stock deal. The transaction represents average annualized return of 8% for investors. Bruce Kelly reports.

By Bruce Kelly
ADVISOR NEWS INDEPENDENT BROKER DEALERS MAY 23, 2014
Erica McGinnis' big plans for Advisor Group are taking shape

By Bruce Kelly
ADVISOR NEWS REGULATION AND LEGISLATION MAY 22, 2014
Former Treasury Secretary Geithner warns of calm before market storm

On the heels of publishing his new memoir, the former Treasury secretary talks about how today's market lull is reminiscent of the environment leading up to the crisis.

By lkonish
ADVISOR NEWS REGULATION AND LEGISLATION MAY 22, 2014
Ex-Prim president Kaufman sentenced for defrauding NBA union

Carolyn Kaufman, a former president of a Prim Capital Corp. advisory services unit, was sentenced to 3 years' probation, including 6 months under house arrest, for lying to a grand jury investigating a fraud against the National Basketball Players Association.

By Matt Ackermann
ADVISOR NEWS INDEPENDENT BROKER DEALERS MAY 22, 2014
Erinn Ford named president of Cetera Advisors

Move is the latest in a series of management changes at Cetera Financial Group.

By Bruce Kelly
INVESTING EQUITIES MAY 22, 2014
Ukraine's new resistance to Russia draws attention back to the macroeconomic fallout

<i>Friday's menu:</i> Ukraine heats up and fund winners and losers come into focus. Plus: Fed-speak clarity: an oxymoron? Bank loan funds fall victim to Fed policy, Obamacare drags us back to the 1950s and banks square off with Big Labor in Vegas.

By Jeff Benjamin
RIAS RIA NEWS MAY 21, 2014
Will the SEC use its extra funding to strengthen adviser oversight?

Now that it looks like the SEC will get an additional $150 million in funding, speculation is mounting on how the funds will be deployed. Is increasing adviser oversight going to be a priority?

By Mark Schoeff Jr.
ADVISOR NEWS INDEPENDENT BROKER DEALERS MAY 21, 2014
Former N.Y. governor joins broker-dealer IFS Securities

Former N.Y. governor David Paterson joins broker-dealer IFS Securities, where he will help develop new business opportunities for firm

By Bloomberg
INVESTING EMERGING MARKETS MAY 21, 2014
Nation at risk of another economic crisis, Bowles warns

Co-chairman of debt-reduction commission says the markets are headed toward a dip worse than 2008 if politicians don't get spending under control

By Mason Braswell
ADVISOR NEWS WIREHOUSES MAY 21, 2014
Scoring the wirehouses' first quarter results

Year-over-year profits at the big four rose 16% in the first quarter, but which firm fared best?

By Matt Sirinides
ADVISOR NEWS WIREHOUSES MAY 21, 2014
UBS wealth unit reports solid earnings, raises bar for advisers

After profits climb 30%, CEO challenges brokers to do more lending and boost margins

By Mason Braswell