Advisor News

Displaying 26679 results
WIREHOUSES SEP 05, 2007
Fidelity launches Retirement Income Evaluator

Fidelity debuted a Web-based tool designed to help advisers create and manage retirement income plans for their clients.

By Bloomberg
REGULATION AND LEGISLATION SEP 05, 2007
Carried tax plan ignites debate

Senate hearings on taxing-carried interest begin tomorrow, but reports predicting its impact are out now.

By Bloomberg
RETIREMENT PLANNING SEP 05, 2007
Congressman to launch 401(k) disclosure plan

More voices are joining the discussion of how best to disclose the costs of 401(k) plans to the employees who participate in those plans.

By Bloomberg
WIREHOUSES SEP 05, 2007
Vanguard cuts costs on no-load funds

The firm has added services for shareholders that invest in its $100,000 no-load, low cost mutual funds.

By Bloomberg
INDEPENDENT BROKER DEALERS SEP 04, 2007
Industry supports NEXT in fight with SEC

NEW YORK — NEXT Financial Group Inc., which is in the middle of a scrap with the Securities and Exchange Commission over its use of confidential client information when recruiting representatives, is getting strong support in some corners of the independent-contractor brokerage industry.

By Bloomberg
RETIREMENT PLANNING SEP 04, 2007
‘Client-centric’ planning pays off

DETROIT — Financial advisory firms that concentrate on holistic planning and leave the investment management to outside professionals are seeing the benefits in real dollar terms, according to a recent study.

By Bloomberg
INDEPENDENT BROKER DEALERS SEP 04, 2007
Legacy Financial closes shop

NEW YORK — Another independent broker-dealer has shut its doors, months after one of its brokers got in trouble with regulators.

By Bloomberg
WIREHOUSES SEP 04, 2007
Revenue-sharing disclosure sought for bundled providers

CHICAGO — Pension consultants and third-party administrators want bundled providers, including industry giants such as Vanguard and Fidelity, to disclose their revenue-sharing arrangements with affiliated service providers, but the bundled providers are balking.

By Bloomberg
RETIREMENT PLANNING SEP 04, 2007
Workers want planning help from employers

NEW YORK — Workers know they need financial planning, and they are looking at their employers to guide them to sound decisions, according to a study from Ameriprise Financial Inc. in Minneapolis.

By Bloomberg
REGULATION AND LEGISLATION SEP 04, 2007
FINRA urged to cut industry ties for arbitrators

IRVINE, Calif. — Critics of the industry arbitration system want the Financial Industry Regulatory Authority to require that “public” arbitrators have no ties to the industry. In a rule awaiting approval at the Securities and Exchange Commission, New York- and Washington-based FINRA has proposed limiting to $50,000 a year the amount of revenue a public arbitrator could receive from brokerage firms for handling customer disputes.

By Bloomberg
OPINION SEP 04, 2007
Subprime bailout is not the answer

By ewilliams
WIREHOUSES AUG 28, 2007
Albert Lee to head Merrill's Taiwan office

In the newly created position, Mr. Lee will be responsible for expanding the investment bank's business in Taiwan.

By Bloomberg
INDEPENDENT BROKER DEALERS AUG 27, 2007
Indie firms seek guidance on client information

Regulators continue to leave independent- contractor broker-dealers in the lurch over the tricky issue of how brokers can use clients’ private information when moving accounts to a new firm.

By Bloomberg
OPINION AUG 27, 2007
Morningstar rating systems questioned

By Bloomberg
FINTECH AUG 27, 2007
Advisers finding benefits by being LinkedIn

Like LinkedIn’s 13 million other registered users, financial advisers are discovering that online networking can pay off.

By Bloomberg
REGULATION AND LEGISLATION AUG 27, 2007
Deferred-comp legislation may be introduced in Sept.

Senate Finance Committee leaders are working on a plan to resurrect legislation to cap deferred compensation, which they could reintroduce next month as part of a bill that would extend popular education tax breaks.

By Bloomberg
OPINION AUG 27, 2007
These are the times that try advisers’ goals

By ewilliams
OPINION AUG 27, 2007
Share buybacks worth scrutinizing

By ewilliams
INDEPENDENT BROKER DEALERS AUG 27, 2007
Bear Stearns Broker-Dealer Services focuses on hiring

NEW YORK — After completing an overhaul of its top management late last year, Bear Stearns’ clearing and custody unit continues to hire new executives — some of whom are being recruited from top rivals.

By Bloomberg
WIREHOUSES AUG 27, 2007
TD-E*Trade merger chatter continues unabated

The jolts that TD Ameritrade Holding Corp. experienced during 18 months of integration following the 2006 merger of TD Waterhouse Group Inc. and Ameritrade Holding Corp. have not dulled its appetite for more deals, according to chairman and chief executive Joe Moglia.

By Bloomberg