Advisor News

Displaying 26679 results
RETIREMENT PLANNING AUG 23, 2007
Workers to bosses: chip in on planning

Workers know they have to save for retirement, but they’re lost without financial planning, a study found.

By Bloomberg
OPINION AUG 20, 2007
Bernanke unlikely to bail out lenders

By ewilliams
OPINION AUG 20, 2007
Fidelity’s succession issues puzzle pros

By ewilliams
REGULATION AND LEGISLATION AUG 20, 2007
SEC’s principal trade proposal raises new fears

Some financial advisers fear that a proposal backed by the Financial Planning Association that would allow brokers to make principal trades in their fee-based accounts would result in a new loophole that brokers can use to skirt investment adviser regulations.

By Bloomberg
FINTECH AUG 20, 2007
Migrating to specialized planning software

Financial advisers sometimes outgrow relationships — including relationships with software.

By Bloomberg
INDEPENDENT BROKER DEALERS AUG 20, 2007
Raymond James Bank rakes in the profits

NEW YORK — With assets increasing, the Raymond James Bank is beginning to have an effect on the results of parent company Raymond James Financial Inc.

By Bloomberg
REGULATION AND LEGISLATION AUG 20, 2007
State regulators call for backup

IRVINE, Calif. — State regulators are seeking reinforcements. In a speech this month at the annual meeting of the National Conference of State Legislatures, Joseph Borg, president of the North American Securities Administrators Association Inc., called for the NCSL to develop a more detailed policy statement opposing federal pre-emption of state securities laws.

By Bloomberg
WIREHOUSES AUG 20, 2007
Senate probes SEC for stonewalling

After examining an aborted insider-trading investigation involving Pequot Capital Management Inc. and Morgan Stanley chief executive John Mack, Senate investigators have concluded that SEC enforcers are concerned about being undermined by their supervisors.

By Bloomberg
INDEPENDENT BROKER DEALERS AUG 20, 2007
INDEPENDENT BROKER-DEALER ROUND TABLE: Recruitment a hot button issue

Independent-contractor broker-dealers and their registered representatives face pressure on all fronts, from recruiting and proper practice management to compliance and the best way to build up their businesses.

By Bloomberg
RETIREMENT PLANNING AUG 20, 2007
In asset allocation strategies, the ‘dividing line’ is home equity

As ripples from the imploding subprime-mortgage market spread across the broader home lending industry, financial advisers might have to start helping clients reposition their mortgage and home equity exposure.

By Bloomberg
REGULATION AND LEGISLATION AUG 20, 2007
New IRS regs would limit fee deductions

Proposed IRS regulations that affect trusts and estates would carry with them a host of ills — including more trust fees for beneficiaries, additional work for financial advisers and increased client exposure to the alternative minimum tax — advisers and industry experts say.

By Bloomberg
OPINION AUG 20, 2007
A possible wallop for master limited partnerships

Washington tax talk these days seems focused on hedge funds, their investors and their managers.

By Bloomberg
RETIREMENT PLANNING AUG 20, 2007
Financial advisers likely to increase role as fiduciaries for 401(k)s, study finds

WASHINGTON — More financial advisers will specialize in becoming fiduciary advisers who work with 401(k) plans in coming years, according to a retirement executive who worked on a white paper on the issue.

By Bloomberg
FINTECH AUG 13, 2007
Subprime exposure worries some advisers

Client portfolios may be affected by the fallout from turmoil in the subprime mortgage market — but advisers aren’t exactly sure where the problems may lie and don’t believe their software tools can give them timely answers.

By Bloomberg
RIA NEWS AUG 13, 2007
Fate of estate tax worries planning lawyers

WASHINGTON — Estate planning lawyers are increasingly worried that Congress may not act on estate tax reform before the estate tax repeal expires at the end of 2010.

By Bloomberg
OPINION AUG 13, 2007
Past bubbles offer lessons for advisers

By ewilliams
RETIREMENT PLANNING AUG 13, 2007
Coby Brooks challenges widows' bid for elective share of Hooters fortune

Coby Brooks, the son of the late founder and owner of the Hooters restaurant chain, is in an estate battle with his father's widow, arguing that a commonly used estate law is unconstitutional.

By Bloomberg
FINTECH AUG 13, 2007
Technology failure thwarts Linsco

An online-access snafu put a glitch in Linsco/Private Ledger Corp.’s plans to compete with the largest firms in the industry and left 7,000 financial advisers unable to place trades, view accounts or perform other routine tasks for most of last week.

By Bloomberg
REGULATION AND LEGISLATION AUG 13, 2007
Advisers remain concerned about target date fund ‘advice’

As the first anniversary of the Pension Protection Act approaches, financial advisers remain wary of target date mutual funds.

By Bloomberg
WIREHOUSES AUG 13, 2007
Fidelity shake-up creates angst among advisers

Financial advisers are reeling from the abrupt resignation of Ellyn A. McColgan last week from Fidelity Investments.

By Bloomberg