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INDUSTRY NEWS MAY 11, 2017
Student loans are getting more expensive

Undergraduates who take out federal loans will pay almost 20% more in interest.

By Bloomberg
RETIREMENT PLANNING MAY 11, 2017
Student loans just got more expensive

Beginning in July, interest rates on new government loans are set to rise.

By Bloomberg
RETIREMENT PLANNING MAY 11, 2017
Milestone birthday triggers crucial financial decisions

In the latest dispatch from the retirement front, Mary Beth Franklin mulls health insurance and estate planning choices.

By Mary Beth Franklin
RETIREMENT PLANNING MAY 11, 2017
Merrill Lynch will allow IRA commissions in some circumstances under DOL fiduciary rule

Beginning in June, Merrill advisers will be able to use "limited purpose brokerage IRAs" for certain products and transactions, and the firm will also make more products available over its advisory platform.

By Greg Iacurci
PRACTICE MANAGEMENT MAY 11, 2017
How to handle clients who share Johnny Depp's alleged compulsive buying habits

Advisers offer new approaches to keeping clients within spending limits.

By Liz Skinner
INDUSTRY NEWS MAY 11, 2017
National Planning loses $420 million indie to FSC

Financial Independence in Bloomfield Hills, Mich., manages retirement plans.

By InvestmentNews
RETIREMENT PLANNING MAY 11, 2017
Retirement taxes are not for sissies

Opportunities abound for advisers schooled in tax-efficient withdrawals.

By Mary Beth Franklin
REGULATION AND LEGISLATION MAY 11, 2017
Finra advances proposals to crack down on 'high-risk' brokers, unpaid arbitration awards

Regulatory board moves to toughen penalties for advisers with certain past infractions and those who welch on payments owed to investors.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION MAY 11, 2017
NAPA says DOL secretary Alexander Acosta wants to freeze fiduciary rule

In a conversation with Sen. Tim Scott, Mr. Acosta reportedly said he's been in communication with the White House and "recognizes the urgency of the situation."

By Mark Schoeff Jr.
RETIREMENT PLANNING MAY 11, 2017
Private equity adds fuel to 401(k) record-keeper consolidation

Private-equity firms have snapped up a bunch of record keepers, perhaps motivated by access to millions of participants to whom they can sell a variety of financial product

By Fred Barstein
FINTECH MAY 11, 2017
Most estate plans aren't dealing with digital assets properly

Advisers need to help ensure that their clients' digital assets are properly managed and dispersed upon incompetency or death.

By Jamie Hopkins
INDUSTRY NEWS MAY 10, 2017
Bronfman acquisitions to push firm to $5 billion

By Liz Skinner
INDUSTRY NEWS MAY 10, 2017
Cambridge's partnership program for advisers undergoes an overhaul

The old partnership program is being revamped, but some advisers claim they are being shortchanged.

By Bruce Kelly
REGULATION AND LEGISLATION MAY 10, 2017
Wall Street sounds off on Trump's firing of FBI Director James Comey

Some believe it will curtail momentum the president had established on health care bill and tax reform.

By Bloomberg
10 graduation gift ideas inspired by Warren Buffett
INDUSTRY NEWS MAY 10, 2017
10 graduation gift ideas inspired by Warren Buffett

Want to impart some of the Oracle of Omaha's investment wisdom to your favorite graduate? Try these suggestions.

By Bloomberg
REGULATION AND LEGISLATION MAY 10, 2017
Barclays will refund $97 million to advisory, brokerage clients

Firm agrees to settle three sets of SEC violations concerning overcharges.

By InvestmentNews
INDUSTRY NEWS MAY 10, 2017
Fidelity launches savings plan for disabled children

Investing giant's entry into market could boost use of these new planning tools.

By Liz Skinner
RETIREMENT PLANNING MAY 10, 2017
What's really behind the opposition to state auto-IRAs?

Some arguments against the programs appear flimsy when examined closer.

By Greg Iacurci
Western International to acquire retail assets of Financial West as Kovack Securities picks up TKG Financial
INDUSTRY NEWS MAY 09, 2017
Western International to acquire retail assets of Financial West as Kovack Securities picks up TKG Financial

Western International to acquire retail assets of Financial West as Kovack Securities picks up TKG Financial.

By Bruce Kelly
REGULATION AND LEGISLATION MAY 09, 2017
9 more firms adopt fee disclosure template for clients

The fee schedule, developed by state regulators and other groups, details account maintenance and cash management charges.

By Mark Schoeff Jr.