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INDUSTRY NEWS JUL 14, 2015
Franklin Templeton suffers big profit drop as investors pull cash from mutual funds

In worst quarterly outflow ever, assets under management at the firm dropped 11% in fiscal fourth quarter, to $771 billion.

By Bloomberg
Social Security Disability Fund will be empty next year
RETIREMENT PLANNING JUL 14, 2015
Social Security Disability Fund will be empty next year

Combined, Social Security retirement and disability fund reserves projected to be exhausted in 2034.

By Bloomberg
9 things companies do during earnings season that investors hate
RETIREMENT PLANNING JUL 14, 2015
9 things companies do during earnings season that investors hate

<i>Breakfast with Benjamin</i>: Some things companies do during earnings season that can really rub investors the wrong way.

By Jeff Benjamin
Morningstar, Riskalyze team up to integrate adviser programs
FINTECH JUL 14, 2015
Morningstar, Riskalyze team up to integrate adviser programs

Advisers who use both companies' software will gain automatic data synchronization across the two platforms.

By Alessandra Malito
Should advisers suggest that an algorithm do clients' saving for them?
FINTECH JUL 14, 2015
Should advisers suggest that an algorithm do clients' saving for them?

An increasing number of companies want to identify &amp;mdash; and whisk away &amp;mdash; investors' excess cash.

By Bloomberg
INDUSTRY NEWS JUL 14, 2015
Crowdfunding-style approach to real estate investing gains momentum

Proliferation of digital platforms opens new ways to access properties, but investors must do their homework.

By Jeff Benjamin
INDUSTRY NEWS JUL 14, 2015
Would you like a diamond with your hotel suite? How about in your martini?

High-end restaurants and hotels are increasingly serving up diamonds and other bling.

By Bloomberg
Why you might want to cover your assets from volatility now
INDUSTRY NEWS JUL 14, 2015
Why you might want to cover your assets from volatility now

BlackRock chief investment strategist says prospect of stocks and bonds moving in tandem means higher risks for investors.

By Trevor Hunnicutt
3 things to consider before pursuing a strategic asset allocation
EQUITIES JUL 14, 2015
3 things to consider before pursuing a strategic asset allocation

Common assumptions that come with investment strategies don't always reflect reality.

By Peter Hecht
BlackRock warns of stock-bond correlation, suggests illiquid real estate
EQUITIES JUL 14, 2015
BlackRock warns of stock-bond correlation, suggests illiquid real estate

Chief investment strategist says liquid investments are being challenged to offer competitive returns.

By Trevor Hunnicutt
Fed Chairwoman Janet Yellen still expecting to raise rates this year
FIXED INCOME JUL 14, 2015
Fed Chairwoman Janet Yellen still expecting to raise rates this year

Central banker repeats pledge that pace of subsequent increases will be gradual.

By Bloomberg
Help boomers recognize reality bites when it comes to wages in retirement
RETIREMENT PLANNING JUL 14, 2015
Help boomers recognize reality bites when it comes to wages in retirement

Most working retirees are making much less per hour now, survey shows

By Liz Skinner
Wealthfront sparks robo price war, drops account minimum to $500
FINTECH JUL 14, 2015
Wealthfront sparks robo price war, drops account minimum to $500

The combative robo-adviser takes a shot at competitors for their fee structures.

By Alessandra Malito
China's stock market meltdown is looking like a buying opportunity
EQUITIES JUL 14, 2015
China's stock market meltdown is looking like a buying opportunity

Strategists recommend a slow and steady move into the world's second-largest equity market.

By Jeff Benjamin
RETIREMENT PLANNING JUL 14, 2015
Billy Joel: Poster child for the Viagra college fund?

Older dads can trigger Social Security benefits for young children.

By Mary Beth Franklin
EQUITIES JUL 14, 2015
Goldman's Cohn: Dream on if you think the Fed is hiking rates in September

<i>Breakfast with Benjamin</i>: Gary D. Cohn, president and COO of Goldman Sachs, believes the economy and markets are in no shape for higher rates.

By Jeff Benjamin
PRACTICE MANAGEMENT JUL 14, 2015
Ladenburg Thalmann broker-dealer Securities Service Network adds $430M firm

The Horizon Group, a retirement planning firm formerly with Cadaret Grant, joins in Rochester, N.Y.

By Mason Braswell
Goldman's Donohue heading back to SEC to become White's chief of staff
REGULATION AND LEGISLATION JUL 14, 2015
Goldman's Donohue heading back to SEC to become White's chief of staff

Veteran returns from Wall Street to the agency where he previously served as head of investment management, could assist with considerations around fiduciary standard.

By Bloomberg
Pimco considered Goldman Sachs' Gary Cohn for top spot
INDUSTRY NEWS JUL 14, 2015
Pimco considered Goldman Sachs' Gary Cohn for top spot

Was on short-list of possible successors to El-Erian as CEO in 2013; departure would have left big succession gap at Goldman.

By Bloomberg
PRACTICE MANAGEMENT JUL 14, 2015
LPL Financial fined $11.7 million for 'widespread supervisory failures'

Citing 'widespread supervisory failures,' Finra says the firm failed to properly supervise sales of complex products, including certain ETFs, variable annuities and non-traded REITs.

By Mason Braswell