Much has changed in the past two decades when it comes to long-term-care options and how to fund them. Baby boomers and subsequent generations will need to plan for long-term care in a different way than their parents in light of factors such as longer life spans, the uncertain future of entitlement benefits and rapidly rising medical costs.
Citing stats that every year, SEC examines just 9% of the roughly 11,000 RIAs under its purview, Maxine Waters, the top Democrat on the House financial committee, has renewed her call for action on adviser oversight. Question is, is anyone listening?
The fundamentals reflect the 1970s rather than the 1990s.
House is expected to vote Wednesday on legislation that would extend retroactively for one year an assortment of individual and business tax breaks.
Republican lawmakers see tax-extender approval going through before the end of 2014, keeping tax breaks favored by clients in place.
Convinced of Social Security's shakiness, those born from 1979 to 1996 participate in retirement plans at high rates, according to one study.
Bringing bill to a floor vote expected for political gain: The issue may well play out in the Presidential election.
Chicago-based team has moved to LPL's hybrid RIA platform.
As stocks cross a symbolic threshold, advisers fear clients' rushing in at potential market peak.
Insurance industry calls on DOL to allow propriety sales, revenue-sharing in fiduciary rule; predicts business will “contract dramatically” if agency doesn't give it an exemption to higher advice standard
Recent Supreme Court decision preventing bankruptcy protection for these assets calls for careful planning strategies.
From Bill Winterberg: Which features of Apple's latest operating system advisers need to know. Plus his highlights from Apple's 2014 World Wide Developers Conference.
Why did Sterne Agee <a href="http://www.investmentnews.com/article/20140527/FREE/140529934">fire CEO James Holbrook Jr.?</a> Many want to know, especially since the firm and its former CEO were recently accused of all manner of professional hanky-panky.
<i>Breakfast with Benjamin: Why there's no excitement for this stock rally. </i>Plus: Fee-only RIAs in the catbird seat but they can't relax; the active ETF world heating up; what QE has wrought; on Phil Mickelson and insider trading; and Apple's big day.
Affiliated Managers Group Inc., the company that owns stakes in more than two dozen money managers, said first-quarter profit rose 11% as the rally in global stocks boosted assets under management.
Low-cost index funds capturing 25% of new assets but drive just 5% of revenue.
New unit will influence product selections for 15,000 advisers managing $1.6 trillion in assets.
<i>Breakfast with Benjamin:</i> Carl Icahn warns that stocks are on risky ground. Plus: Interest rates and volatility are raising red flags, one man's take on the Fed-fueled bubble, the SEC is watching for political-donation conflicts, gold gets no respect, and institutional money is chasing solar energy stocks.
