Advisor News

Displaying 26691 results
REGULATION AND LEGISLATION JUN 27, 2008
Legislation addresses fraud against seniors

A bill to increase penalties for people who commit securities violations against seniors was introduced in the Senate today.

By Bloomberg
RETIREMENT PLANNING JUN 26, 2008
Caring for parents will cost boomers

Boomers, already strapped for cash, stand to lose even more money by caring for their parents, according to Fidelity Investments in Boston.

By Bloomberg
REGULATION AND LEGISLATION JUN 26, 2008
Massachusetts accuses two UBS units of fraud

A Massachusetts securities regulator today sued two units of UBS AG, charging the employees with fraud and dishonest conduct in sales of auction rate securities.

By Bloomberg
REGULATION AND LEGISLATION JUN 26, 2008
SEC nominees approved

The Senate Banking Committee today unanimously approved three nominees to be members of the Securities and Exchange Commission.

By Bloomberg
RETIREMENT PLANNING JUN 24, 2008
Fidelity leads pack in IRA assets

Fidelity's IRA market share is about 13.7% as of the fourth quarter of 2007, up from 12.7%, the previous year, according to Cerulli.

By Bloomberg
INDEPENDENT BROKER DEALERS JUN 23, 2008
Firms, not reps, at center of client relationships, judge implies

Last week's order that Next Financial Group Inc. stop violating privacy regulations when recruiting brokers upended a key tenet of independent-contractor broker-dealers: that independent representatives — and not broker-dealers — are at the center of the relationship with the clients.

By Bloomberg
FINTECH JUN 23, 2008
Schwab re-brands, re-engineers Etelligent Consulting product

Schwab Performance Technologies of Raleigh, N.C., which acquired Etelligent Consulting Inc. in February, said last week that a revamped version of the Etelligent product is now available on Schwab's PortfolioServices platform.

By Bloomberg
FINTECH JUN 23, 2008
Salesforce.com unveils CRM for indie advisers

Salesforce.com Inc is going after the independent adviser market with Salesforce for Wealth Management, a customized, adviser-focused version of its popular customer relationship management application.

By Bloomberg
OPINION JUN 23, 2008
SEC gets a B+ for credit-rating reform

Despite criticism by some in the financial services industry, the Securities and Exchange Commission's proposals for reforming the credit rating agencies deserve a grade of B+.

By MFXFeeder
REGULATION AND LEGISLATION JUN 20, 2008
Former UBS employee testifies against firm

A former UBS AG banker testified against the firm yesterday, claiming it participated in schemes to help hide $20 billion in assets and avoid income tax laws.

By Bloomberg
FINTECH JUN 20, 2008
Tech Bits

SightSpeed upgrades video conferencing system, the widget economy grows, and NYSE execution quality improves.

By Bloomberg
RETIREMENT PLANNING JUN 19, 2008
401(k) contributions drop in troubled economy

Some 21% of participants are now contributing at a lower rate and 4% have stopped altogether, according to Putnam.

By Bloomberg
WIREHOUSES JUN 16, 2008
Big wealth teams dump wirehouses to go independent

Two of the brokerage industry's most prominent wealth managers have dumped their wirehouse broker-dealers, instead opting to become independent registered investment advisers, with more well-known advisers perhaps soon to take the same path.

By Bloomberg
WIREHOUSES JUN 16, 2008
Brokers feel mobility is still threatened

Despite continued efforts to curtail litigation when brokers change firms, departing reps are still being sued, and some say that recent developments suggest the harassment won't stop anytime soon.

By Bloomberg
FINTECH JUN 16, 2008
A single standard tops goals of Your Silver Bullet

Your Silver Bullet is creating a single standard on which members can base future software projects.

By Bloomberg
FINTECH JUN 16, 2008
Advisers split on preference for web-hosted applications

No single vendor dominates the market for financial planning software and advisers are divided fairly evenly on whether they prefer self-hosted applications or applications hosted on the web.

By Bloomberg
FINTECH JUN 16, 2008
Advisers see value in buying reliable tech and services

Leveraging technology to drive growth, and handling information overload and system integration, were among the concerns advisers discussed at an InvestmentNews technology round table.

By Bloomberg
OPINION JUN 16, 2008
The delicate issue of divestiture

More and more financial advisers are likely to be confronted with client demands for the divestiture from their portfolios of the stocks of companies that fail some moral screen.

By MFXFeeder
FINTECH JUN 16, 2008
Technology roundtable transcript

 

By MFXFeeder
FINTECH JUN 16, 2008
ROUND-TABLE PANELISTS

By MFXFeeder