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Market volatility raises the bar for retirement income savers
RETIREMENT PLANNING JUL 06, 2016
Market volatility raises the bar for retirement income savers

Lower interest rates also affect Social Security trust fund cushion.

By Mary Beth Franklin
RETIREMENT PLANNING JUL 06, 2016
Finra panel directs N.J.'s Garden State Securities to pay damages to elderly investor

Finra directs the brokerage firm to pay $142,168 due to allegations of unsuitable investments and overtrading.

By Christine Idzelis
ALTERNATIVES JUL 06, 2016
Moore Capital tells hedge fund manager to pound sand after raucous Hamptons party

<i>Breakfast with Benjamin</i> The saga of a Moore Capital fund manager involves a $27,000 Airbnb rental, a $1 million lawsuit, and &#8220;dwarfs with Champagne guns.&quot;

By Jeff Benjamin
Social Security out of step with many modern families
RETIREMENT PLANNING JUL 06, 2016
Social Security out of step with many modern families

Family benefits account for a much smaller percentage of Social Security outlays today than they did in the past.

By Mary Beth Franklin
Janus' Bill Gross goes off on central bankers, again
INDUSTRY NEWS JUL 06, 2016
Janus' Bill Gross goes off on central bankers, again

By Bloomberg
Ameritas to buy Guardian's 401(k) plan business
RETIREMENT PLANNING JUL 06, 2016
Ameritas to buy Guardian's 401(k) plan business

The life insurer is the latest record-keeping firm trying to build platform scale through acquisition.

By Greg Iacurci
This simple retirement spending strategy takes on the 4% rule
RETIREMENT PLANNING JUL 06, 2016
This simple retirement spending strategy takes on the 4% rule

Divide your age by 20 to ensure you won't outlive your savings.

By Mary Beth Franklin
EQUITIES JUL 06, 2016
DoubleLine's Jeffrey Gundlach says Donald Trump would be huge for stocks, not so much for bonds

<i>Breakfast with Benjamin</i> DoubleLine's Jeffrey Gundlach says a Donald Trump presidency would be bad for bonds, but good for stocks.

By Jeff Benjamin
SEC charges brothers with $2.7 million Ponzi scheme targeting elderly
RETIREMENT PLANNING JUL 06, 2016
SEC charges brothers with $2.7 million Ponzi scheme targeting elderly

Daniel Rivera allegedly ran a $2.7M phony real-estate venture targeting about 30 investors over six years.

By Christine Idzelis
Advisers identify wrong state on ADV filings
RIAS JUL 06, 2016
Advisers identify wrong state on ADV filings

SEC cracks down on claiming Wyoming location but practicing elsewhere.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION JUL 05, 2016
Judge's questions show inclination to uphold DOL fiduciary rule

In first of five lawsuits against the measure, federal judge Randolph Moss not likely to grant preliminary injunction sought by the National Association of Fixed Annuities.

By Mark Schoeff Jr.
REGULATION AND LEGISLATION JUL 05, 2016
Building bipartisan support for the Senior Safe Act

Every day that goes by without the proper safeguards in place to protect elderly investors presents a window for unscrupulous scam artists.

By Dale Brown
EQUITIES JUL 05, 2016
BlackRock's stock buyback plan at odds with CEO Larry Fink's statements

<i>Breakfast with Benjamin</i> Larry Fink has been critical of the buyback trend, but that hasn't stopped BlackRock from buying back $275 million worth of its own stock on a quarterly basis.

By Jeff Benjamin
PRACTICE MANAGEMENT JUL 05, 2016
Three states make elder-financial-abuse reporting mandatory starting Friday

Alabama, Indiana and Vermont will likely be joined by many states requiring adviser action against exploitation, while giving them immunity.

By Mark Schoeff Jr.
Despite congressional relief, impending Puerto Rico debt default could trip up municipal bond investors
MUTUAL FUNDS JUL 05, 2016
Despite congressional relief, impending Puerto Rico debt default could trip up municipal bond investors

OppenheimerFunds, Franklin Templeton maintain big exposure to the troubled island's debt.

By Jeff Benjamin
Betterment's move to halt trading following Brexit vote sparks controversy
FINTECH JUL 05, 2016
Betterment's move to halt trading following Brexit vote sparks controversy

By Alessandra Malito
Thomas Perez points to two factors in DOL fiduciary rule's favor to prevail in lawsuits
REGULATION AND LEGISLATION JUL 05, 2016
Thomas Perez points to two factors in DOL fiduciary rule's favor to prevail in lawsuits

Labor secretary says the extensive rulemaking process and the regulation's merits of consumer protection will protect the measure.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT JUL 05, 2016
What really happens when wealth is transferred

Advisers and clients often do a great job preparing the money for the family, but they fail to prepare the family for the money.

By Shawn Sparks
PRACTICE MANAGEMENT JUL 05, 2016
It's time to make way for next-gen

Boomer advisers must assure successors a future, or they won't stick around to help you cash out

By Joni Youngwirth
The world's richest people lost $19 billion in 2015
EQUITIES JUL 05, 2016
The world's richest people lost $19 billion in 2015

Warren Buffett, the world's third-richest person, shed $11.3 billion as Berkshire Hathaway Inc. had its first negative annual return since 2011.

By Bloomberg