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Goldman Sachs sees 11% upside in S&P 500 after an 'emotional' selloff
EQUITIES JAN 14, 2016
Goldman Sachs sees 11% upside in S&P 500 after an 'emotional' selloff

Plunge in U.S. stock markets are an “emotional response” obscuring economic expansion

By Bloomberg
Corporate earnings season expected to be the worst since 2009
EQUITIES JAN 14, 2016
Corporate earnings season expected to be the worst since 2009

S&P 500 company profits could confirm corporate America has slipped into an earnings recession

By Bloomberg
Don't read too much into Obama ignoring DOL fiduciary in State of the Union address
PRACTICE MANAGEMENT JAN 14, 2016
Don't read too much into Obama ignoring DOL fiduciary in State of the Union address

President Barack Obama told the nation on Tuesday night that he wants American workers to carry their retirement savings with them wherever their career path leads. But he didn't mention what should happen if they take their savings to a financial adviser.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT JAN 14, 2016
SEC questions require answers

The SEC must be more transparent about its new questionnaire. What is the ultimate purpose? What justification is there?

By Ellie Zhu
SEC exam questions dive deeply into retirement-account advice
RETIREMENT PLANNING JAN 14, 2016
SEC exam questions dive deeply into retirement-account advice

Through its queries to financial advisers, the regulator is asserting its presence in an area normally associated with the Labor Department.

By Mark Schoeff Jr.
Levitt: Don't let financial advisers off the hook
RETIREMENT PLANNING JAN 14, 2016
Levitt: Don't let financial advisers off the hook

The Labor Department wants to update the fiduciary standard, raising the bar for any advice given by brokers. A change is long overdue, says the former SEC chairman.

By Arthur Levitt Jr.
Goldman Sachs benches its BRIC strategy
EQUITIES JAN 14, 2016
Goldman Sachs benches its BRIC strategy

<i>Breakfast with Benjamin</i>: Brazil, Russia, India and China assets are down 88% since their 2010 peak.

By Jeff Benjamin
LIFE INSURANCE AND ANNUITIES JAN 13, 2016
MetLife in talks with MassMutual for possible sale of U.S. adviser unit

The life insurer eyes a possible sale of the company's U.S. adviser force as it reshapes its business mix to limit government oversight.

By Bloomberg
Goldman Sachs fires a shot at high-speed trading
EQUITIES JAN 13, 2016
Goldman Sachs fires a shot at high-speed trading

<i>Breakfast with Benjamin</i> Goldman Sachs cuts loose on high-speed trading and an out-of-control market.

By Jeff Benjamin
RETIREMENT PLANNING JAN 13, 2016
5 financial habits young investors should start now

Lining up your values and your spending will position you well for the future.

By Bloomberg
RETIREMENT PLANNING JAN 13, 2016
The business you need to start after your Powerball win

Family offices handle the financial affairs of multi-millionaires and their relatives and can do almost anything else &amp;mdash; from hiring staff to managing a wine cellar.

By Bloomberg
Odds are, the Powerball winner will need lots of financial advice
RETIREMENT PLANNING JAN 13, 2016
Odds are, the Powerball winner will need lots of financial advice

Stay calm, stay quiet, and hire a ton of lawyers.

By Jeff Benjamin
MUTUAL FUNDS JAN 13, 2016
Avenue Capital stops sharing fund flow data following junk-bond outflows

<i>Breakfast with Benjamin</i> Avenue Capital decided to deal with the outflows from its junk-bond fund by not reporting them to Lipper and Morningstar. That should do the trick.

By Jeff Benjamin
Odds are, the Powerball winner will need lots of advice
EQUITIES JAN 13, 2016
Odds are, the Powerball winner will need lots of advice

Even if the odds of winning the record $1.4 billion Powerball jackpot on Wednesday are 292.2 million to one, it could happen. Here's what to do if it does.

By Jeff Benjamin
How likely are you to get rid of your credit card debt?
RETIREMENT PLANNING JAN 13, 2016
How likely are you to get rid of your credit card debt?

As consumer or household debt climbs to a record $3.5 trillion, new data shows where you live has a lot to do with how quickly you reach your goal.

By Bloomberg
EQUITIES JAN 13, 2016
What early stock market volatility means for the year ahead

Market watchers say stocks are fragile on multiple fronts.

By Jeff Benjamin
INDUSTRY NEWS JAN 13, 2016
Carl Icahn calls for AIG to split itself up into three companies

The billionaire activist investor said busting up conglomerate would limit regulation, which he calls a 'tax on size.'

By Bloomberg
ALTERNATIVES JAN 13, 2016
How Nick Schorsch lost his mojo

By Bruce Kelly
BDC sponsor throws fundraising bash for Hillary Clinton
INDUSTRY NEWS JAN 12, 2016
BDC sponsor throws fundraising bash for Hillary Clinton

The gala's organizer, Franklin Square, is one of the firms whose alternative investments could be hurt by a proposed DOL fiduciary rule.

By Bruce Kelly
Attorney Schlichter preps new round of 401(k) suits
RETIREMENT PLANNING JAN 12, 2016
Attorney Schlichter preps new round of 401(k) suits

A pioneer in bringing lawsuits over retirement-plan fees is investigating several large plans, building on recent successes and a broader wave of litigation.

By Greg Iacurci