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OPINION JUN 21, 2016
Activities every financial adviser should delegate to someone else

Don't let the 'adviser's curse' — the feeling you have to do everything yourself or want to be in control of everything all the time — hold you back.

By Shawn Sparks
PRACTICE MANAGEMENT JUN 21, 2016
CFP Board sanctions two planners for improper use of 'fee-only' label

Group sent letters of admonition to the advisers for misrepresenting their method of payment as fee-only.

By Mark Schoeff Jr.
Camardas appeal dismissal of case against CFP Board
PRACTICE MANAGEMENT JUN 21, 2016
Camardas appeal dismissal of case against CFP Board

Florida planners will continue legal battle over use of fee-only compensation label.

By Mark Schoeff Jr.
EQUITIES JUN 20, 2016
Morningstar brings smart beta into the active-passive debate

<i>Breakfast with Benjamin</i> Morningstar reshuffles the deck in the active-passive debate, expanding the framework to fold in strategic beta.

By Jeff Benjamin
Republican tax plan would reduce brackets, slash investment taxes
REGULATION AND LEGISLATION JUN 20, 2016
Republican tax plan would reduce brackets, slash investment taxes

House Republicans rolled out a tax-reform plan on Friday that would reduce the number of individual rates to three and eliminate many deductions.

By Mark Schoeff Jr.
Eight ways to comply with DOL fiduciary rule
REGULATION AND LEGISLATION JUN 20, 2016
Eight ways to comply with DOL fiduciary rule

Labor Department's principles-based rule raising investment advice standards for retirement accounts gives firms flexibility in how to meet compliance.

By Manisha Kimmel
UBS' U.S. wealth management unit posts flat Q1 revenue but record managed account assets a bright spot
INDUSTRY NEWS JUN 20, 2016
UBS' U.S. wealth management unit posts flat Q1 revenue but record managed account assets a bright spot

Managed account assets rose 3% to a record $361 billion, CFO Kirt Gardner said on Tuesday's earnings call

By Christine Idzelis
FINTECH JUN 19, 2016
Women-focused robo-adviser SheCapital shuts down

Not enough investors signed up for the niche platform that started about a year ago.

By Alessandra Malito
REGULATION AND LEGISLATION JUN 19, 2016
Investment Adviser Association wants RIA clients designated as accredited investors

Interest group argues the fiduciary advisers it represents provide the type of protections intended by the standard.

By Mark Schoeff Jr.
RETIREMENT PLANNING JUN 19, 2016
Skeptical advisers should reexamine their attitudes toward reverse mortgages

Most of the loans' issues have been solved, or at least ameliorated.

By InvestmentNews
PRACTICE MANAGEMENT JUN 19, 2016
Recognize what makes female clients different

Women's financial concerns and goals vary widely, depending on factors such as age, professional standing and marital status.

By Liz Skinner
Vanguard's Bill McNabb says firm prepared to cut fees further as low returns loom
INDUSTRY NEWS JUN 17, 2016
Vanguard's Bill McNabb says firm prepared to cut fees further as low returns loom

Impact of expenses growing in current climate, CEO says.

By Bloomberg
All eyes on alternative funds at Morningstar Investment Conference
MUTUAL FUNDS JUN 17, 2016
All eyes on alternative funds at Morningstar Investment Conference

Everyone from BlackRock to Vanguard in the alt space

By John Waggoner
Mutual fund investors continue to suffer from buying high, selling low: Morningstar
INDUSTRY NEWS JUN 17, 2016
Mutual fund investors continue to suffer from buying high, selling low: Morningstar

Investors typically lose when trying to time the market. But some experts like <a href="//www.investmentnews.com/article/20160614/FREE/160619961/aqrs-asness-research-affiliates-arnott-agree-that-a-little-market" target="_blank" rel="noopener noreferrer">AQR's Cliff Asness and Rob Arnott of Research Affiliates say a little market timing may not be so bad</a>.

By Jeff Benjamin
John Oliver lambasts U.S. retirement savings system, supports DOL fiduciary rule
RETIREMENT PLANNING JUN 17, 2016
John Oliver lambasts U.S. retirement savings system, supports DOL fiduciary rule

The star of a late-night HBO comedy show had some biting words for non-fiduciary brokers, high 401(k) fees and active fund management.

By Greg Iacurci
Fiduciary duty finally hits mainstream — and Main Street
REGULATION AND LEGISLATION JUN 17, 2016
Fiduciary duty finally hits mainstream — and Main Street

The battle over the DOL rule is now moving into the court of public opinion. <i><b>Plus: <a href="//www.investmentnews.com/article/20160613/FREE/160619978/john-oliver-lambasts-u-s-retirement-savings-system-supports-dol&quot;" target="&quot;_blank&quot;" rel="noopener noreferrer">Advisers react to comedian John Oliver's biting takedown of brokers and America's retirement system</a>.</b></i>

By Mark Schoeff Jr.
Former star LPL broker who was fired seeking $30M in arbitration claim
INDUSTRY NEWS JUN 17, 2016
Former star LPL broker who was fired seeking $30M in arbitration claim

James 'Jeb' Bashaw charges broker-dealer trumped up charges to steal his lucrative practice in Houston.

By Bruce Kelly
EQUITIES JUN 16, 2016
Collective investment trusts rise in popularity as attractive alternatives to mutual funds

Fiduciaries need to be well versed in these low-cost investment vehicles and how to assess them.

By Blaine F. Aikin
EQUITIES JUN 16, 2016
Pimco issues urgent warning about state of commercial real estate market

Plus: Why Wall Street is avoiding pot investments, where to invest $10k today, and become financially better off by not doing this

By Jeff Benjamin
Betterment, Wealthfront among fintech leaders at White House tech summit
FINTECH JUN 16, 2016
Betterment, Wealthfront among fintech leaders at White House tech summit

Policymakers and regulators eye financial technology and how it is expanding accessibility to more consumers.

By Alessandra Malito