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BROKER DEALERS FEB 04, 2016
Independent broker-dealers prepare for the reality of the DOL fiduciary rule

By Mark Schoeff Jr.
RETIREMENT PLANNING FEB 04, 2016
DOL fiduciary rule could take $2.4 billion bite out of financial services industry

Implementing the standard on retirement accounts could reduce annual revenues by more than twice current estimates, according to a Morningstar report.

By Bruce Kelly
PRACTICE MANAGEMENT FEB 04, 2016
Advisers: Luke Skywalker you are not, Yoda you must be

A common mistake is painting yourself as the hero instead of your clients.

By Brad Johnson
Apollo, Schorsch's AR Capital call off $378M deal
BROKER DEALERS FEB 04, 2016
Apollo, Schorsch's AR Capital call off $378M deal

The REIT czar is not selling his real estate management business to the private equity giant.

By Bruce Kelly
Social Security details new rules on claiming strategies
RETIREMENT PLANNING FEB 03, 2016
Social Security details new rules on claiming strategies

But the Social Security Administration still has no guidelines for file-and-suspend deadlines.

By Mary Beth Franklin
U.S. stocks rise amid dovish Yellen
INDUSTRY NEWS FEB 03, 2016
U.S. stocks rise amid dovish Yellen

U.S. stocks rose in choppy trading, while Treasuries and the dollar were little changed as Janet Yellen indicated the Federal Reserve won't be in a rush to tighten monetary policy amid heightened financial-market turmoil. Strength in the yen spurred intervention warnings.

By Bloomberg
EQUITIES FEB 03, 2016
Survey: African-American investors optimistic

African-Americans are more bullish on the stock market than they have ever been, but still feeling sting from the U.S. real estate crash.

By John Waggoner
RETIREMENT PLANNING FEB 03, 2016
How much money is your spouse hiding from you?

A new study finds about 13 million Americans have squirreled away a checking, savings or credit-card account from live-in partners.

By Bloomberg
BlackRock's Fink says 400 energy companies may not survive cheap oil
INDUSTRY NEWS FEB 03, 2016
BlackRock's Fink says 400 energy companies may not survive cheap oil

Laurence D. Fink, chairman of BlackRock Inc., the world's largest money manager, said as many as 400 energy companies may not survive because oil prices are not high enough for them to meet their debt obligations.

By Bloomberg
ETF launches test the limits of creativity and logic
EQUITIES FEB 03, 2016
ETF launches test the limits of creativity and logic

If there's a will, there's a way to package it into an ETF.

By Jeff Benjamin
SEC's White says private placement fundraising booming, but fraud is not
INDUSTRY NEWS FEB 03, 2016
SEC's White says private placement fundraising booming, but fraud is not

She notes that advertising of sophisticated investments has been muted.

By Bruce Kelly
The rich already use robo-advisers, and that scares banks
FINTECH FEB 02, 2016
The rich already use robo-advisers, and that scares banks

Banks are watching wealthy clients flirt with robo-advisers, and that's one reason the lenders are racing to release their own versions of the automated investing technology.

By Bloomberg
EQUITIES FEB 02, 2016
China widely misunderstood, Rothman says

Andy Rothman, investment strategist for Matthews Asia, says China is a tough sell these days despite some misconceptions about the opportunities for investors.

By John Waggoner
WIREHOUSES FEB 02, 2016
UBS U.S. wealth management: more advisers, less earnings

Headcount is up, but unit's earnings are down as a result of strong increase in litigation expenses.

By Christine Idzelis
REGULATION AND LEGISLATION FEB 02, 2016
The short list of those who could succeed Ketchum at Finra

Experts think the top candidates will have SEC experience.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT FEB 02, 2016
Finra restitution to investors triples to $96.2 million in 2015

Though fines dropped last year, experts think the regulator's revised sanctions guidelines will mean an upward trend in penalties as well.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT FEB 02, 2016
Labor Department's fiduciary rule survives challenge

By Mark Schoeff Jr.
RIAS FEB 02, 2016
Seniors a 'bulls-eye' for scams uncovered by the states

Advisers can help elderly clients avoid being a target, securities regulator says.

By Liz Skinner
EQUITIES FEB 01, 2016
BlackRock joins $46 billion Japan pullout

This year foreign traders have been pulling out of Tokyo's stock market for 13 straight weeks, the longest stretch since 1998.

By Bloomberg
Druckenmiller backs Kasich as best bet to beat Hillary Clinton
REGULATION AND LEGISLATION FEB 01, 2016
Druckenmiller backs Kasich as best bet to beat Hillary Clinton

'Kasich has been my favorite all along,' the billionaire money manager said.

By Bloomberg