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Republican convention speakers back tax and financial reforms
REGULATION AND LEGISLATION JUL 21, 2016
Republican convention speakers back tax and financial reforms

The future of tax reform and other adviser-related interests are getting attention at the Republican party convention. <b><i>(More: <a href="//www.investmentnews.com/gallery/20160721/FREE/720009999/PH&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">10 sectors to watch when Hillary Clinton or Donald Trump become president</a>)</b></i>

By Liz Skinner
EQUITIES JUL 21, 2016
Step aside bears, the market's next growth mode is kicking in

<i>Breakfast with Benjamin</i> It's a brighter growth outlook, not low rates, that's fueling the latest rally.

By Jeff Benjamin
Connecticut-based People's United Bank to acquire Gerstein Fisher
INDUSTRY NEWS JUL 21, 2016
Connecticut-based People's United Bank to acquire Gerstein Fisher

People's United Bank is expected to finish the transaction by the end of this year via its subsidiary.

By Tanvi Acharya
Hottest emerging-markets funds spice things up with Latin America
MUTUAL FUNDS JUL 21, 2016
Hottest emerging-markets funds spice things up with Latin America

Brandes, Invesco funds add a helping of Brazil.

By John Waggoner
RETIREMENT PLANNING JUL 21, 2016
Debt dims boomers' retirement prospects

New study shows ongoing bills impede savings and boost baby boomers' retirement income needs.

By Mary Beth Franklin
EQUITIES JUL 21, 2016
Why it does and doesn't matter if fund managers invest in their own funds

<i>Breakfast with Benjamin</i> Should you care if a portfolio manager is investing in a fund he or she is managing? It depends.

By Jeff Benjamin
Hillary Clinton rips 'reckless' Donald Trump, says he would drive U.S. economy into a recession
INDUSTRY NEWS JUL 21, 2016
Hillary Clinton rips 'reckless' Donald Trump, says he would drive U.S. economy into a recession

Ms. Clinton trashed the presumptive GOP nominee's management skills at a time when his campaign is in turmoil over weak fundraising and upheaval within his inner circle.

By Bloomberg
Under new fiduciary rule, DOL has reason to pay attention to reverse churning
RETIREMENT PLANNING JUL 21, 2016
Under new fiduciary rule, DOL has reason to pay attention to reverse churning

Another reminder of the need to become well-versed on the fiduciary rule's conditions for rollover advice.

By Blaine F. Aikin
Feeling financially secure isn't tied to a number on a bank statement
PRACTICE MANAGEMENT JUL 21, 2016
Feeling financially secure isn't tied to a number on a bank statement

While advisers can't make clients feel more secure, they can help them focus on the things they can control to feel more assured.

By Carl Richards
RETIREMENT PLANNING JUL 21, 2016
Why filial laws are a 'sleeping giant' that could prompt long-term-care planning

The laws create the possibility that clients' their long-term-care expenses may be shouldered by their children

By Greg Iacurci
Why the DOL fiduciary rule will lead to more ETF innovation
OPINION JUL 21, 2016
Why the DOL fiduciary rule will lead to more ETF innovation

Asset managers must expand the depth and breadth of their offerings&#160;to become more relevant and differentiated.

By Thomas Hoops
Wells Fargo recruits $400M team from Merrill
PRACTICE MANAGEMENT JUL 20, 2016
Wells Fargo recruits $400M team from Merrill

Robert Duncan, Bradley Newman and Zachary Breverman opened Duncan-Newman Associates in Agoura Hills, Calif.

By Tanvi Acharya
Betterment reaches $5 billion mark, a first for independent robo-advisers
INDUSTRY NEWS JUL 20, 2016
Betterment reaches $5 billion mark, a first for independent robo-advisers

By Bloomberg
American Century employees sue for excessive 401(k) fees
RETIREMENT PLANNING JUL 20, 2016
American Century employees sue for excessive 401(k) fees

Plaintiffs allege the asset management firm populated the retirement plan with proprietary investments for its own gain.

By Greg Iacurci
Dismissal of small 401(k) plan excessive-fee lawsuit 'highly atypical'
RETIREMENT PLANNING JUL 20, 2016
Dismissal of small 401(k) plan excessive-fee lawsuit 'highly atypical'

The case, which involved a $9 million plan, was voluntarily dismissed by plaintiffs in an unusual turn of events.

By Greg Iacurci
Transamerica settles 401(k) excessive-fee lawsuit with its employees for $3.8 million
RETIREMENT PLANNING JUL 20, 2016
Transamerica settles 401(k) excessive-fee lawsuit with its employees for $3.8 million

The retirement plan provider joins a list of other financial firms that have settled excessive-fee lawsuits with their own employees.

By Greg Iacurci
Vanguard CEO Bill McNabb tells advisers to embrace robos or fall behind
FINTECH JUL 20, 2016
Vanguard CEO Bill McNabb tells advisers to embrace robos or fall behind

Forget desktops. The future is about mobile and phones.

By Jeff Benjamin
Finra proposes rules to restrict political contributions by brokers
PRACTICE MANAGEMENT JUL 20, 2016
Finra proposes rules to restrict political contributions by brokers

Regulator is following up on similar rules the SEC put in place for investment advisers.

By Greg Iacurci
REGULATION AND LEGISLATION JUL 19, 2016
Former Eagles player defrauds football coaches, others out of $6 million

SEC complaint alleges Merrill Robertson Jr. and partner promised 20% and took client funds

By Liz Skinner
RETIREMENT PLANNING JUL 19, 2016
Franklin Templeton sued by employees for self-dealing in 401(k) plan

The asset management firm joins the likes of American Century Investments and New York Life, which were also sued by employees for using proprietary funds in their 401(k) plans.

By Greg Iacurci