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U.S. inflation quickens to 8.5%, ratcheting up pressure on Fed
INDUSTRY NEWS APR 12, 2022
U.S. inflation quickens to 8.5%, ratcheting up pressure on Fed

Consumer prices rose 1.2% from February, the biggest gain since 2005 as gasoline costs drove half of the monthly increase.

By Bloomberg
Treasury yield surge to threaten bull run’s last resistance line
FIXED INCOME APR 12, 2022
Treasury yield surge to threaten bull run’s last resistance line

Benchmark 10-year yields rose above 2.80% to the highest since December 2018 as traders bet the Federal Reserve will ramp up the pace of tightening to curb inflation.

By Bloomberg
Trade associations raise concerns about SEC’s cybersecurity proposal
FINTECH APR 11, 2022
Trade associations raise concerns about SEC’s cybersecurity proposal

Investment Adviser Association, American Securities Association say advisers need more than 48 hours to report breaches to SEC.

By Mark Schoeff Jr.
Advisers buckle up for more market volatility
RIAS APR 11, 2022
Advisers buckle up for more market volatility

Trouble in the bond markets is moving investment portfolios well beyond traditional allocations of 60% stocks and 40% bonds.

By Jeff Benjamin
Edward Jones duo managing $327 million go indie with Raymond James
ADVISOR MOVES APR 11, 2022
Edward Jones duo managing $327 million go indie with Raymond James

Keith Haller, Cory Shepard, who set up shop in Kirkland, Washington, are joining the firm’s independent adviser channel.

By InvestmentNews
10 IBDs with the most annuity revenue
BROKER DEALERS APR 11, 2022
10 IBDs with the most annuity revenue

In 2021, annuity sales hit their highest level since the financial crisis. Here are the firms that took in the most annuity revenue last year.

By InvestmentNews
With bonds in a ‘coma,’ buy commodities: Bridgewater’s Patterson
FIXED INCOME APR 10, 2022
With bonds in a ‘coma,’ buy commodities: Bridgewater’s Patterson

Investors should get out of bonds as rates rise and diversify their portfolios with exposure to agricultural products, oil and metals facing supply disruptions due to the war in Ukraine.

By Bloomberg
How Vanguard considers ESG risk
ESG APR 08, 2022
How Vanguard considers ESG risk

ESG Clarity speaks with John Galloway and Matt Piro about the firm's approach.

By Natasha Turner
Turn leads into clients with this irresistible marketing strategy
OPINION APR 08, 2022
Turn leads into clients with this irresistible marketing strategy

Here are 5 steps that need to be considered when making potential clients an offer they can't refuse.

By Robert Sofia
Trump-era DOL rule for ESG arises in model bill for pensions
RETIREMENT PLANNING APR 08, 2022
Trump-era DOL rule for ESG arises in model bill for pensions

A proposal from a group that supports conservative initiatives targets ESG in state pension plans.

By Emile Hallez
Retirees’ financial confidence outpaces that of workers
RETIREMENT PLANNING APR 08, 2022
Retirees’ financial confidence outpaces that of workers

The pandemic era spotlights the vulnerability of pre-retirees and the resilience of retirees.

By Mary Beth Franklin
Wells Fargo Advisors fires back in Georgia court dispute over arb decision
WIREHOUSES APR 08, 2022
Wells Fargo Advisors fires back in Georgia court dispute over arb decision

In its appeal, the firm argues that the judge was wrong and that the arbitration decision it had initially won against a client should stand.

By Bruce Kelly
Annuity sales in 2021 hit highest level since 2008
RETIREMENT PLANNING APR 08, 2022
Annuity sales in 2021 hit highest level since 2008

One of the best-performing products last year was registered index linked annuities, which are touted for use in volatile markets.

By Mark Schoeff Jr.
Why women make great financial advisers
OPINION APR 08, 2022
Why women make great financial advisers

Women's emotional and social competencies are essential for financial advisers, who often have to have tough conversations with clients and handle delicate situations.

By Kristine McManus
Capital Group, Morningstar offer personalized TDFs
RETIREMENT PLANNING APR 08, 2022
Capital Group, Morningstar offer personalized TDFs

Target Date Plus helps participants to determine a mix of target-date funds that is more suited to their particular needs.

By InvestmentNews
Hightower receives charter for trust company
RETIREMENT PLANNING APR 08, 2022
Hightower receives charter for trust company

Hightower National Trust Co. is part of the firm's effort to offer a range of family office services to its high-net-worth and ultra-high-net-worth clients.

By InvestmentNews
SEC ruling reignites spot US bitcoin ETF approval debate
ALTERNATIVES APR 08, 2022
SEC ruling reignites spot US bitcoin ETF approval debate

The agency gave its blessing to the Teucrium Bitcoin Futures Fund application which was filed under the Securities Act of 1933.

By Bloomberg
UBS duo managing $210 million joins Janney
ADVISOR MOVES APR 07, 2022
UBS duo managing $210 million joins Janney

The Morris Jerkovich Group is based in Bedminster, New Jersey.

By InvestmentNews
Made a killing in crypto? Your tax bill is coming due
ALTERNATIVES APR 07, 2022
Made a killing in crypto? Your tax bill is coming due

Digital tokens like Bitcoin and Ethereum are classified as property by the Internal Revenue Service and taxed like stocks and bonds.

By Mark Schoeff Jr.
UBS wealth unit launches group focused on inclusive investing
ESG APR 07, 2022
UBS wealth unit launches group focused on inclusive investing

The new team will offer investments that focus on promoting equality, expanding opportunities and improving outcomes for underrepresented or marginalized groups.

By Bloomberg