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RETIREMENT PLANNING JAN 13, 2016
5 financial habits young investors should start now

Lining up your values and your spending will position you well for the future.

By Bloomberg
Odds are, the Powerball winner will need lots of financial advice
RETIREMENT PLANNING JAN 13, 2016
Odds are, the Powerball winner will need lots of financial advice

Stay calm, stay quiet, and hire a ton of lawyers.

By Jeff Benjamin
MUTUAL FUNDS JAN 13, 2016
Avenue Capital stops sharing fund flow data following junk-bond outflows

<i>Breakfast with Benjamin</i> Avenue Capital decided to deal with the outflows from its junk-bond fund by not reporting them to Lipper and Morningstar. That should do the trick.

By Jeff Benjamin
Odds are, the Powerball winner will need lots of advice
EQUITIES JAN 13, 2016
Odds are, the Powerball winner will need lots of advice

Even if the odds of winning the record $1.4 billion Powerball jackpot on Wednesday are 292.2 million to one, it could happen. Here's what to do if it does.

By Jeff Benjamin
How likely are you to get rid of your credit card debt?
RETIREMENT PLANNING JAN 13, 2016
How likely are you to get rid of your credit card debt?

As consumer or household debt climbs to a record $3.5 trillion, new data shows where you live has a lot to do with how quickly you reach your goal.

By Bloomberg
EQUITIES JAN 13, 2016
What early stock market volatility means for the year ahead

Market watchers say stocks are fragile on multiple fronts.

By Jeff Benjamin
INDUSTRY NEWS JAN 13, 2016
Carl Icahn calls for AIG to split itself up into three companies

The billionaire activist investor said busting up conglomerate would limit regulation, which he calls a 'tax on size.'

By Bloomberg
ALTERNATIVES JAN 13, 2016
How Nick Schorsch lost his mojo

By Bruce Kelly
BDC sponsor throws fundraising bash for Hillary Clinton
INDUSTRY NEWS JAN 12, 2016
BDC sponsor throws fundraising bash for Hillary Clinton

The gala's organizer, Franklin Square, is one of the firms whose alternative investments could be hurt by a proposed DOL fiduciary rule.

By Bruce Kelly
Attorney Schlichter preps new round of 401(k) suits
RETIREMENT PLANNING JAN 12, 2016
Attorney Schlichter preps new round of 401(k) suits

A pioneer in bringing lawsuits over retirement-plan fees is investigating several large plans, building on recent successes and a broader wave of litigation.

By Greg Iacurci
Oil prices, stocks plummet in global selloff
EQUITIES JAN 12, 2016
Oil prices, stocks plummet in global selloff

Dow falls more than 390 points as a slump in crude oil sent markets reeling after Chinese shares tumbled into a bear market.

By Bloomberg
Amidst the market carnage, liquid alt funds lived up to their promise
EQUITIES JAN 12, 2016
Amidst the market carnage, liquid alt funds lived up to their promise

Diversifying beyond a single fund or single strategy is key.

By Jeff Benjamin
Key 2016 dates for retired clients
RETIREMENT PLANNING JAN 12, 2016
Key 2016 dates for retired clients

Make sure your clients comply with deadlines for taxes, Medicare, Social Security and retirement distributions.

By Mary Beth Franklin
EMERGING MARKETS JAN 12, 2016
China's slowdown shouldn't deter investors from emerging markets

<i>Breakfast with Benjamin</i>: There's no reason the slowdown in China should sour investors on broader emerging market opportunities.

By Jeff Benjamin
RETIREMENT PLANNING JAN 12, 2016
Attorney Jerry Schlichter brings another class-action 401(k) suit

Hot on the heels of some big victories, law firm Schlichter Bogard &amp; Denton has filed a new complaint alleging fiduciary breach under ERISA.

By Greg Iacurci
Fintech M&A climbs to $4B in 2015, data analytics may drive more deals in 2016
FINTECH JAN 12, 2016
Fintech M&A climbs to $4B in 2015, data analytics may drive more deals in 2016

Financial adviser technology M&amp;A activity totaled nearly $4 billion in 2015, led by SS&amp;C's blockbuster acquisition of Advent and marked by smaller deals for services ranging from financial planning software to robo-adviser technology.

By Alessandra Malito
Betterment catches up to Wealthfront in AUM as robo competition reaches boiling point
FINTECH JAN 12, 2016
Betterment catches up to Wealthfront in AUM as robo competition reaches boiling point

As the robo-adviser movement gains traction and giants such as Schwab and Vanguard flex their muscles in the space, competitors are trying to outmaneuver each other to survive.

By Alessandra Malito
Morgan Stanley posts fourth-quarter profit as legal costs drop
EQUITIES JAN 11, 2016
Morgan Stanley posts fourth-quarter profit as legal costs drop

Morgan Stanley reported a $908 million fourth-quarter profit as legal costs shrank.

By Bloomberg
Crude falls below $30 for first time in 12 years
EMERGING MARKETS JAN 11, 2016
Crude falls below $30 for first time in 12 years

Oil dropped below $30 a barrel in New York for the first time in 12 years on concern that turmoil in China's markets will curb fuel demand.

By Bloomberg
What early stock market volatility means for the year ahead
INDUSTRY NEWS JAN 11, 2016
What early stock market volatility means for the year ahead

Market watchers say stocks are fragile on multiple fronts.

By Jeff Benjamin