Advisor News

Displaying 26703 results
Fiduciary liability unclear when selecting and monitoring default retirement investments
RETIREMENT PLANNING DEC 23, 2015
Fiduciary liability unclear when selecting and monitoring default retirement investments

Plan sponsors appreciate auto enrollment and qualified default investments, but there are imperfect fits at the individual participant level.

By Blaine F. Aikin
RETIREMENT PLANNING DEC 23, 2015
Boeing settlement underscores advisers' 401(k) responsibility

As excessive-fee suits are poised to move down market, advisers should pay attention to teachings of 401(k) suits such as Boeing's.

By Greg Iacurci
ALTERNATIVES DEC 22, 2015
SAC's Cohen barred from managing client money until 2018, SEC says

Steven A. Cohen is poised to make a return to the hedge-fund industry by 2018 under an accord with U.S. regulators that settles allegations that the billionaire failed to supervise a convicted insider-trader at SAC Capital Advisors.

By Bloomberg
Morgan Stanley ordered to pay $8.8 million for unsupervised trading
REGULATION AND LEGISLATION DEC 22, 2015
Morgan Stanley ordered to pay $8.8 million for unsupervised trading

SEC orders the wirehouse to pay $8.8M for what the regulator claims was unsupervised prearranged trading. Brokerage firm Societe Generale Americas also agreed to pay $1M for the same case.

By Alessandra Malito
Face time just as important to younger clients
FINTECH DEC 22, 2015
Face time just as important to younger clients

When figuring out how to best engage with clients, age is only one factor that should be taken into consideration

By Alessandra Malito
LPL to pay $750K in latest nontraded REIT case
REGULATION AND LEGISLATION DEC 22, 2015
LPL to pay $750K in latest nontraded REIT case

New Hampshire securities regulator claims unsupervised sale to 81-year-old investor was unsuitable and resulted in significant losses.

By Alessandra Malito
Technology for the holidays
FINTECH DEC 22, 2015
Technology for the holidays

Some ideas on what to send to clients, and how to do it

By Sheryl Rowling
A robo-adviser may be in the works for Morgan Stanley
FINTECH DEC 22, 2015
A robo-adviser may be in the works for Morgan Stanley

Wealth Management President Gregory Fleming says a digital platform could attract younger clients to the firm.

By Alessandra Malito
RETIREMENT PLANNING DEC 21, 2015
Roth vs. traditional 401(k)s: What investors need to consider

There are subtleties that could have big tax implications.

By Greg Iacurci
RETIREMENT PLANNING DEC 21, 2015
Roth vs. traditional 401(k)s: What to consider for clients

There are subtleties that could have big tax implications for clients.

By Greg Iacurci
RETIREMENT PLANNING DEC 21, 2015
Here's proof the rich really are getting richer

This city ranking shows where the difference between the top 20% of wage earners and the bottom 20% is most prominent.

By Bloomberg
RETIREMENT PLANNING DEC 21, 2015
Will companies start paying employees to relocate?

As Facebook offers its workers $10,000 to move closer, other businesses face hurdles before the practice becomes widespread.

By Bloomberg
RETIREMENT PLANNING DEC 21, 2015
Get your 0% credit card balance transfer offer before it's gone

As the prime rate set by banks goes up, companies may raise fees or restrict offers.

By Bloomberg
RETIREMENT PLANNING DEC 20, 2015
Roskam anticipates House approval of bill to stop DOL fiduciary rule

The author of legislation that would halt the Labor Department's fiduciary rule anticipates the measure will make it at least to the House floor.

By Mark Schoeff Jr.
Are state-run retirement plans a good deal for private-sector workers?
RETIREMENT PLANNING DEC 20, 2015
Are state-run retirement plans a good deal for private-sector workers?

Not only would state-run plans undermine existing healthy competitive private markets for retirement plan products and services, but they are not be a good deal for American workers.

By Dale Brown
The case for why the DOL fiduciary rule won't kill IRA rollovers
RETIREMENT PLANNING DEC 20, 2015
The case for why the DOL fiduciary rule won't kill IRA rollovers

Despite what opponents say, IRA rollovers will likely withstand implementation of the fiduciary rule.

By Greg Iacurci
LPL faces heavy burden in complying with state settlements over REIT sales
ALTERNATIVES DEC 20, 2015
LPL faces heavy burden in complying with state settlements over REIT sales

The firm's settlement with the states was reminiscent of how broker-dealers handled various settlements in paying clients who bought auction rate securities.

By Bruce Kelly
FINTECH DEC 20, 2015
Robo-advisers demand attention

Financial professionals need not fear robo-advisers, but they can't afford to ignore them

By Liz Skinner
FINTECH DEC 20, 2015
Cybersecurity touches clients, staff

What may happen when cybercriminals target the financial advisory industry?

By Alessandra Malito
Retirees to benefit from Fed's historic rate move
RETIREMENT PLANNING DEC 19, 2015
Retirees to benefit from Fed's historic rate move

Higher yield on bonds and CDs, higher annuity payouts, will provide tailwind to retirees.

By Greg Iacurci