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This simple retirement spending strategy takes on the 4% rule
RETIREMENT PLANNING JUL 06, 2016
This simple retirement spending strategy takes on the 4% rule

Divide your age by 20 to ensure you won't outlive your savings.

By Mary Beth Franklin
EQUITIES JUL 06, 2016
DoubleLine's Jeffrey Gundlach says Donald Trump would be huge for stocks, not so much for bonds

<i>Breakfast with Benjamin</i> DoubleLine's Jeffrey Gundlach says a Donald Trump presidency would be bad for bonds, but good for stocks.

By Jeff Benjamin
SEC charges brothers with $2.7 million Ponzi scheme targeting elderly
RETIREMENT PLANNING JUL 06, 2016
SEC charges brothers with $2.7 million Ponzi scheme targeting elderly

Daniel Rivera allegedly ran a $2.7M phony real-estate venture targeting about 30 investors over six years.

By Christine Idzelis
Advisers identify wrong state on ADV filings
INDUSTRY NEWS JUL 06, 2016
Advisers identify wrong state on ADV filings

SEC cracks down on claiming Wyoming location but practicing elsewhere.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION JUL 05, 2016
Judge's questions show inclination to uphold DOL fiduciary rule

In first of five lawsuits against the measure, federal judge Randolph Moss not likely to grant preliminary injunction sought by the National Association of Fixed Annuities.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION JUL 05, 2016
Building bipartisan support for the Senior Safe Act

Every day that goes by without the proper safeguards in place to protect elderly investors presents a window for unscrupulous scam artists.

By Dale Brown
EQUITIES JUL 05, 2016
BlackRock's stock buyback plan at odds with CEO Larry Fink's statements

<i>Breakfast with Benjamin</i> Larry Fink has been critical of the buyback trend, but that hasn't stopped BlackRock from buying back $275 million worth of its own stock on a quarterly basis.

By Jeff Benjamin
Despite congressional relief, impending Puerto Rico debt default could trip up municipal bond investors
MUTUAL FUNDS JUL 05, 2016
Despite congressional relief, impending Puerto Rico debt default could trip up municipal bond investors

OppenheimerFunds, Franklin Templeton maintain big exposure to the troubled island's debt.

By Jeff Benjamin
PRACTICE MANAGEMENT JUL 05, 2016
Three states make elder-financial-abuse reporting mandatory starting Friday

Alabama, Indiana and Vermont will likely be joined by many states requiring adviser action against exploitation, while giving them immunity.

By Mark Schoeff Jr.
Betterment's move to halt trading following Brexit vote sparks controversy
FINTECH JUL 05, 2016
Betterment's move to halt trading following Brexit vote sparks controversy

By Alessandra Malito
Thomas Perez points to two factors in DOL fiduciary rule's favor to prevail in lawsuits
REGULATION AND LEGISLATION JUL 05, 2016
Thomas Perez points to two factors in DOL fiduciary rule's favor to prevail in lawsuits

Labor secretary says the extensive rulemaking process and the regulation's merits of consumer protection will protect the measure.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT JUL 05, 2016
What really happens when wealth is transferred

Advisers and clients often do a great job preparing the money for the family, but they fail to prepare the family for the money.

By Shawn Sparks
PRACTICE MANAGEMENT JUL 05, 2016
It's time to make way for next-gen

Boomer advisers must assure successors a future, or they won't stick around to help you cash out

By Joni Youngwirth
The world's richest people lost $19 billion in 2015
EQUITIES JUL 05, 2016
The world's richest people lost $19 billion in 2015

Warren Buffett, the world's third-richest person, shed $11.3 billion as Berkshire Hathaway Inc. had its first negative annual return since 2011.

By Bloomberg
Legislation to impose financial transactions tax introduced
INDUSTRY NEWS JUL 01, 2016
Legislation to impose financial transactions tax introduced

The legislation, which would place a tax on stocks, bonds and derivatives trading, was rolled out now to elevate the issue in this fall's election.

By Mark Schoeff Jr.
Don't you wish you could own a piece of Vanguard (the company)?
INDUSTRY NEWS JUL 01, 2016
Don't you wish you could own a piece of Vanguard (the company)?

...investors would be clamoring to buy it. In the U.S., the low-cost mutual fund giant has taken in about $1 billion a day over the past 18 months.

By Bloomberg
PRACTICE MANAGEMENT JUL 01, 2016
SEC Investor Advocate Fleming targets fees charged by advisers

Rick Fleming will push the agency to follow through on its review of how brokers and investment advisers disclose their fees to clients.

By Tanvi Acharya
INDUSTRY NEWS JUL 01, 2016
5 go-to strategies for when market volatility strikes

Now's the time to assess how you felt and what you did in response to Brexit, and what you might be tempted to do in the coming weeks and months.

By Bloomberg
Unlike other active funds, First Eagle's fund champions its passion for cash
EQUITIES JUL 01, 2016
Unlike other active funds, First Eagle's fund champions its passion for cash

First Eagle Overseas Fund's large cash holdings gives it a 'leg up' when markets turn choppy.

By Jeff Benjamin
Financial advisers reach out to clients as stocks plunge in Brexit wake
EQUITIES JUL 01, 2016
Financial advisers reach out to clients as stocks plunge in Brexit wake

Advisers tried to prepare investors for Friday's wild ride as global markets digested the United Kingdom's surprising vote to exit the European Union after 43 years.

By Liz Skinner