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Despite tough economy, advisers are still giving
RETIREMENT PLANNING JUN 24, 2010
Despite tough economy, advisers are still giving

As soon as he heard that 13-year-old Margaret Hurt was in danger of losing the horse she had been riding since becoming sick with leukemia two years ago, Preston Byers agreed to donate $6,000 to help her buy Hoochie.

By Lisa Shidler
RIAS JUN 23, 2010
What do you get for $75M? A 'poster child of overindulgence'

Listed as a "monument to unparalleled success," the largest home for sale in the United States comes with plenty of space but no carpet, tiles or interior walls. It's up to the future buyer to finish it.

By Mark Bruno
INDUSTRY NEWS JUN 23, 2010
James Grant: Making a case for gold

The erudite editor of Grant's Interest Rate Investor debunks Treasuries as risk-free investments, and makes a case for gold and cash.

By Mark Bruno
JPMorgan shuffles execs, sets stage for Dimon's successor
INDUSTRY NEWS JUN 23, 2010
JPMorgan shuffles execs, sets stage for Dimon's successor

JPMorgan Chase CEO Jamie Dimon named longtime associate Heidi Miller to the new post of president of J.P. Morgan International as part of a management shuffle to groom an eventual successor.

By Bloomberg
REGULATION AND LEGISLATION JUN 23, 2010
Planners claim small victory in financial-reform legislation

A small provision buried in both the House and Senate versions of financial-reform legislation is being hailed by some as a modest but important step for the financial planning industry.

By Mark Schoeff Jr.
RETIREMENT PLANNING JUN 23, 2010
Wealthy U.S. investors less optimistic than foreign peers: study

High-net-worth investors in the U.S. are more pessimistic about the economic recovery than wealthy individuals in many other nations, according to survey released today by Barclays Wealth.

By Hilary Johnson
INDUSTRY NEWS JUN 22, 2010
Dr. Bob: Key themes for 2011

Of all of the 52 weekly market commentaries I do each year, this one's always the most exciting for me. I've been doing these top 10 investment themes off and on for the past 18 years, and this marks my second top 10 commentary with The Hartford.

By Dr. Bob Froehlich
REGULATION AND LEGISLATION JUN 22, 2010
Finra to collect $4.3M from CDS brokers

Credit-default swaps broker Phoenix Partners Group and brokers who worked at four other firms including Tullett Liberty Inc. and Creditex Group Inc. will pay $4.3 million to settle claims that they attempted to fix fees.

By Bloomberg
RETIREMENT PLANNING JUN 22, 2010
Three 'must-have' conversations with middle-aged clients

By Mark Bruno
REGULATION AND LEGISLATION JUN 22, 2010
Starr said 'not that much' to theft-size accusation

Kenneth I. Starr replied “not that much” to an investigator who accused him of stealing $30 million, a prosecutor said in court -- a statement the government said it may try to use against the accused investment adviser.

By Mark Bruno
LIFE INSURANCE AND ANNUITIES JUN 22, 2010
B-Ds may cut ties with insurers over annuity rules

By Darla Mercado
Gold bubble about to burst, says Oppenheimer's Belski
INDUSTRY NEWS JUN 22, 2010
Gold bubble about to burst, says Oppenheimer's Belski

Almost forty years after the U.S. officially abandoned the gold standard and its $35-an-ounce peg, the price of spot gold on Friday reached $1258 an ounce, another record, on Friday.

By Hilary Johnson
REGULATION AND LEGISLATION JUN 22, 2010
Why are small broker-dealers disappearing?

The uncertain economy is compounding a long-term problem in the brokerage business: its shrinkage.

By Bloomberg
WIREHOUSES JUN 22, 2010
Advisers on the Move: $1M Merrill team bolts to Morgan Stanley Smith Barney

James Flynn, Rance Hillier and Merritt Zahner will work out of the Madison, Conn. offices of Morgan Stanley Smith Barney

By Mark Bruno
LIFE INSURANCE AND ANNUITIES JUN 22, 2010
Insurers cuffed by new annuity suitability rules

Many representatives and agents say the new requirements add to the already complex layers of review required by Finra.

By Bloomberg
SEC sues dead man's estate for $34M Ponzi that targeted federal workers
REGULATION AND LEGISLATION JUN 21, 2010
SEC sues dead man's estate for $34M Ponzi that targeted federal workers

The government said Friday it obtained a court order to halt an alleged $34 million Ponzi scheme targeting federal employees and law enforcement agents nationwide with promises of safe investments in a nonexistent bond fund.

By Bloomberg
Madoff accomplice free on bail
REGULATION AND LEGISLATION JUN 21, 2010
Madoff accomplice free on bail

Frank DiPascali Jr., who pleaded guilty to helping Bernard L. Madoff carry out history's biggest Ponzi scheme, was released on bail.

By Bloomberg
LIFE INSURANCE AND ANNUITIES JUN 21, 2010
No more regs needed for STATs: B-D exec

Stranger-originated annuity transactions have plenty of layers of oversight already, says ValMark Securities' Caleb Callahan

By John Goff
RETIREMENT PLANNING JUN 21, 2010
The middle years: Long-term care

There's no single solution for dealing with such a diverse age group. But in this clip from Digital Adviser2Adviser, we look at three key points to discuss with clients -- including long-term care.

By John Goff
REGULATION AND LEGISLATION JUN 21, 2010
SEC accuses adviser, brokerage of fraud

Federal regulators on Monday filed civil fraud charges against an investment adviser and his firm in connection with complex securities tied to mortgages during the housing market bust.

By Bloomberg