News

Displaying 42977 results
Personalization, technology best ways to get retirement back on track: Goldman
RETIREMENT PLANNING JUL 05, 2022
Personalization, technology best ways to get retirement back on track: Goldman

A Goldman Sachs study details how life events can impede retirement savings and can have a significant impact on how much an individual saves for retirement.

By Gregg Greenberg
JPMorgan cuts growth forecasts 'perilously close' to recession
INDUSTRY NEWS JUL 05, 2022
JPMorgan cuts growth forecasts 'perilously close' to recession

The reduced its estimate for annualized gross domestic product growth to 1% for the second quarter, down from 2.5% previously.

By Bloomberg
Ride the annuity bull market (while you can)
RETIREMENT PLANNING JUL 01, 2022
Ride the annuity bull market (while you can)

The first half sell-off in both stocks and bonds has opened the door for annuities and those selling them.

By Gregg Greenberg
HSBC hires RadiantESG to give fund ESG treatment
ESG JUL 01, 2022
HSBC hires RadiantESG to give fund ESG treatment

The mandate to redo the bank's small- and mid-cap growth mutual fund represents RadiantESG's second portfolio.

By Emile Hallez
Finra achieves blockbuster financial year in 2021
REGULATION AND LEGISLATION JUL 01, 2022
Finra achieves blockbuster financial year in 2021

The broker-dealer self-regulator's net income of $218 million was $199 million higher than in 2020, thanks to significant increases in trading fees, investment gains and fines.

By Mark Schoeff Jr.
Consistent participation in 401(k) plans key to account balance growth, study finds
RETIREMENT PLANNING JUL 01, 2022
Consistent participation in 401(k) plans key to account balance growth, study finds

Those who kept contributing accumulated the most, according to the Investment Company Institute and the Employee Benefit Research Institute.

By InvestmentNews
It's not too late to join the liquid alts party, Morningstar says
RIAS JUL 01, 2022
It's not too late to join the liquid alts party, Morningstar says

Key to allocating to funds employing alternative strategies is knowing what to expect and not trying to time investments.

By Jeff Benjamin
Advisers predict 4.4% gain in S&P 500 for 2022
INDUSTRY NEWS JUL 01, 2022
Advisers predict 4.4% gain in S&P 500 for 2022

Natixis survey finds widespread optimism despite the worst first-half in the equity market since 1970.

By InvestmentNews
Curb the paper chase with digital document strategies
OPINION JUL 01, 2022
Curb the paper chase with digital document strategies

Eliminating paper processes can reduce error rates, driving efficiencies for the firm and improving the customer experience.

By Richard Thoeny
Finra arbitration orders D.E. Shaw to pay former manager $52 million in defamation suit
ALTERNATIVES JUN 30, 2022
Finra arbitration orders D.E. Shaw to pay former manager $52 million in defamation suit

Four years after being fired for sexual misconduct, Daniel Michalow wins his defamation case against the $60 billion hedge fund.

By Jeff Benjamin
Gensler: SEC working on bulletins to illuminate aspects of Reg BI
REGULATION AND LEGISLATION JUN 30, 2022
Gensler: SEC working on bulletins to illuminate aspects of Reg BI

On the second anniversary of its going into force, the SEC chief is trying to get the most out of a rule he inherited.

By Mark Schoeff Jr.
Pontera expands access to held-away account management with GeoWealth partnership
RETIREMENT PLANNING JUN 30, 2022
Pontera expands access to held-away account management with GeoWealth partnership

Fintech company Pontera is continuing its partnership spree in hopes of giving more financial advisers the ability to manage client assets in held-away retirement accounts.

By Ryan W. Neal
UBS to pay punitive damages in $1.3 million arbitration loss over options strategy
ALTERNATIVES JUN 30, 2022
UBS to pay punitive damages in $1.3 million arbitration loss over options strategy

The award contains two unusual features: $500,000 in punitive damages to the clients and a two-to-one split decision among the three-person panel.

By Bruce Kelly
Registrations soar ahead of California auto-IRA deadline
RETIREMENT PLANNING JUN 30, 2022
Registrations soar ahead of California auto-IRA deadline

More than 87,000 employers have already registered for CalSavers, which launched in 2019.

By Gregg Greenberg
Social Security program needs reform now
RETIREMENT PLANNING JUN 30, 2022
Social Security program needs reform now

Congress continues to ignore the fact that Social Security's trust fund is expected to run out of money in 2035, which would result in a 20% cut in benefits.

By Mary Beth Franklin
Texas advisers managing $220 million switch to Raymond James from LPL
ADVISOR MOVES JUN 30, 2022
Texas advisers managing $220 million switch to Raymond James from LPL

Jon Burnett, Daniel Fowler and Chad Carlile have joined the firm’s independent adviser channel.

By InvestmentNews
Grayscale suing SEC after its Bitcoin ETF is rejected
ALTERNATIVES JUN 30, 2022
Grayscale suing SEC after its Bitcoin ETF is rejected

The regulator found that the listing proposal didn’t do enough to prevent fraud and manipulation.

By Bloomberg
SEC orders UBS to pay $25 million over fraud involving YES options strategy
ALTERNATIVES JUN 29, 2022
SEC orders UBS to pay $25 million over fraud involving YES options strategy

The agency said UBS reps didn't understand the complex product or whether buying it was in a client's best interests.

By Mark Schoeff Jr.
Prime Pensions acquires Northwest Retirement Plan Consultants
RETIREMENT PLANNING JUN 29, 2022
Prime Pensions acquires Northwest Retirement Plan Consultants

The acquisition diversifies Prime Pensions' client base and extends its geographic presence.

By InvestmentNews
A happenstance focus on wealthy widows
RIAS JUN 29, 2022
A happenstance focus on wealthy widows

Spuds Powell defies popular thinking with the niche client base he's built, one that he says makes both him and his clients happy.

By Jeff Benjamin