Advisor News

Displaying 26710 results
REGULATION AND LEGISLATION NOV 02, 2009
Investors' pain has become attorneys' gain

The financial advisory industry and their clients still may be struggling with the aftermath of the market crash — but investor plaintiff's attorneys are doing just fine, thank you.

By Dan Jamieson
OPINION NOV 01, 2009
Tools and strategies for small accounts

Financial advisers lack the strategies and tools to service small accounts effectively, according to a recent Russell Investments survey

By Don Gartlan
REGULATION AND LEGISLATION NOV 01, 2009
Forecasting Finra's future

The financial services industry has spent most of this year anticipating regulatory changes in response to the recent global economic crisis.

By Pravin B. Rao and Howard J. Rosenburg
REGULATION AND LEGISLATION NOV 01, 2009
State regulators want inquiry into "inherently conflicted' SROs

State regulators are up in arms about a provision in the proposed Investor Protection Act which would eliminate a requirement that an independent consultant hired by the Securities and Exchange Commission look into the failures at self-regulatory organizations.

By Bloomberg
MUTUAL FUNDS NOV 01, 2009
Amended bill targets pre-sale disclosure rules

The Securities and Exchange Commission would be instructed to study whether pre-sale disclosures should be required for all products sold to retail investors under a provision of financial services regulatory-reform legislation likely to be approved this week by the House Financial Services Committee.

By Sara Hansard
REGULATION AND LEGISLATION NOV 01, 2009
SEC may raise RIA threshold to $100M

Some 4,200 advisory firms can expect more oversight and higher costs under legislation that would remove them from SEC oversight and place them under state regulation.

By Sara Hansard
EQUITIES NOV 01, 2009
Legislation causes boom in health care tech market

In whatever way Congress and the Obama administration eventually change the national health care system, there is one segment of the health care market where reform has already begun and is gaining momentum.

By Jeff Benjamin
OPINION OCT 30, 2009
Is Big Inevitable, or Just Bad?

The giant firm conundrum: is it possible to create scale and still stay entrepreneurial?

By Danny Sarch
FINTECH OCT 30, 2009
Nasdaq serves up its own social-networking site, launches iPhone application; carbon-trading tech

Two technology developments came out of the Nasdaq OMX Group Inc. this past week: a new social network and an iPhone application.

By Davis Janowski
RETIREMENT PLANNING OCT 29, 2009
Half of workers changing jobs cash out 401k

Millions of workers take a huge chance with their retirement savings every year: They cash out their 401(k) accounts when they lose their jobs or move to new employers.

By Bloomberg
REGULATION AND LEGISLATION OCT 28, 2009
House committee OKs measure that increases asset threshold for state regulation of advisory firms to $100M

The House Financial Services Committee today unanimously approved a measure that would move oversight of investment advisory firms with less than $100 million in assets to state securities regulators.

By Sara Hansard
OPINION OCT 28, 2009
Some Quotas Are Back

Though the industry has been transformed, some old mistakes are being made again

By DSARCH
REGULATION AND LEGISLATION OCT 28, 2009
Obama endorses US House financial overhaul bill

President Barack Obama on Tuesday endorsed a bill in the U.S. House of Representatives that would give the government unprecedented power to seize bank holding companies teetering on the brink of collapse and stick their competitors with the cost.

By Bloomberg
FINTECH OCT 27, 2009
Kapitall, a slick new investing site for consumers and advisers, takes flight

The beta of Kapitall — an investing website intended for consumers or advisers — was launched yesterday.

By Bloomberg
REGULATION AND LEGISLATION OCT 27, 2009
NASAA wants study into 'inherently conflicted' SROs

State regulators are objecting to proposed amendments to the Investor Protection Act that would eliminate a requirement to look into the failures at self-regulatory organizations.

By Dan Jamieson
FINTECH OCT 27, 2009
Turnkey Advisor Desktop announced by NorthStar

NorthStar Systems International on Monday unveiled Turnkey Advisor Desktop Solution.

By Davis Janowski
PRACTICE MANAGEMENT OCT 26, 2009
Petters a victim or victimizer? Jury deliberates

A jury will return Tuesday to further deliberate the fate of a Minnesota businessman accused of operating a Ponzi scheme that cost investors more than $3.5 billion.

By John Goff
RETIREMENT PLANNING OCT 25, 2009
Adviser is back in the running

Financial adviser Irene Berner is lacing up and hitting the pavement against leukemia and lymphoma, as she trains for the P.F. Chang's Rock "n' Roll Half Marathon in Phoenix.

By Darla Mercado
RIA NEWS OCT 25, 2009
SEC aims to expand disciplinary data

If the SEC has its way, more disciplinary information about brokers will be available to investors.

By Sara Hansard
FINTECH OCT 25, 2009
Outsourcing site aims to be advisers' personal shopper

Small advisory firms and sole practitioners, especially those just starting out, often don't know where to turn for expertise in selecting technology and software.

By Bloomberg