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FINTECH JUL 15, 2015
An identity thief explains the art of emptying your clients' bank accounts

Meet Dmitry Naskovets, the con man from Minsk.

By Bloomberg
7 reasons why financial stewardship is more valuable than a fiduciary standard
OPINION JUL 15, 2015
7 reasons why financial stewardship is more valuable than a fiduciary standard

Could financial stewardship be used as a higher professional standard of care by advisers?

By Ramon Vicente Berenguer
Massachusetts' Galvin fines LPL $250,000 over senior certifications
PRACTICE MANAGEMENT JUL 15, 2015
Massachusetts' Galvin fines LPL $250,000 over senior certifications

Firm agrees to pay up to settle charges that some of its brokers were using titles that did not comply with Massachusetts' senior designation regulations.

By Mason Braswell
FINTECH JUL 15, 2015
Betterment encourages investing excess cash with new automatic feature

SmartDeposit pulls funds from clients' accounts based on a predetermined minimum balance and automatically invests them in ETFs.

By Alessandra Malito
Financial planning platforms target Social Security benefits data for online integration
RETIREMENT PLANNING JUL 15, 2015
Financial planning platforms target Social Security benefits data for online integration

Financial Engines, Betterment among automated investment services aiming to let their clients use information to inform retirement planning.

By Alessandra Malito
INDUSTRY NEWS JUL 15, 2015
Wine is a fine investment — but beware the risks

While the category can provide an alternative to traditional asset classes, high fees and lack of liquidity may mean too much risk for the uninitiated.

By Jeff Benjamin
Massachusetts regulator William Galvin charges Securities America over 'bait and switch' ads targeting elderly
REGULATION AND LEGISLATION JUL 15, 2015
Massachusetts regulator William Galvin charges Securities America over 'bait and switch' ads targeting elderly

Massachusetts' top securities cop has charged the firm with failure to supervise a broker who allegedly used deceptive advertising on his radio show, exploiting the dangers of Alzheimer's to gain access to elderly clients.

By Mason Braswell
How much should advisers charge for a brand-new robo offering?
FINTECH JUL 15, 2015
How much should advisers charge for a brand-new robo offering?

Thinking through pricing structure is an important part of the process when implementing an automated investment service .

By Alessandra Malito
BlackRock CEO Larry Fink challenges money managers, politicians on retirement issues
RETIREMENT PLANNING JUL 15, 2015
BlackRock CEO Larry Fink challenges money managers, politicians on retirement issues

Inadequacy of savings is a "far bigger crisis than health care ever was."

By Trevor Hunnicutt
WIREHOUSES JUL 15, 2015
John Thiel: Learn from the past or lose out in the future

By Mason Braswell
SEC sued for using its own judges
RIAS JUL 15, 2015
SEC sued for using its own judges

Investment firm seeks to block action as Dodd-Frank ripple effect seen giving SEC the edge.

By Jeff Benjamin
INDUSTRY NEWS JUL 14, 2015
Franklin Templeton suffers big profit drop as investors pull cash from mutual funds

In worst quarterly outflow ever, assets under management at the firm dropped 11% in fiscal fourth quarter, to $771 billion.

By Bloomberg
Social Security Disability Fund will be empty next year
RETIREMENT PLANNING JUL 14, 2015
Social Security Disability Fund will be empty next year

Combined, Social Security retirement and disability fund reserves projected to be exhausted in 2034.

By Bloomberg
9 things companies do during earnings season that investors hate
RETIREMENT PLANNING JUL 14, 2015
9 things companies do during earnings season that investors hate

<i>Breakfast with Benjamin</i>: Some things companies do during earnings season that can really rub investors the wrong way.

By Jeff Benjamin
Morningstar, Riskalyze team up to integrate adviser programs
FINTECH JUL 14, 2015
Morningstar, Riskalyze team up to integrate adviser programs

Advisers who use both companies' software will gain automatic data synchronization across the two platforms.

By Alessandra Malito
Should advisers suggest that an algorithm do clients' saving for them?
FINTECH JUL 14, 2015
Should advisers suggest that an algorithm do clients' saving for them?

An increasing number of companies want to identify &amp;mdash; and whisk away &amp;mdash; investors' excess cash.

By Bloomberg
INDUSTRY NEWS JUL 14, 2015
Would you like a diamond with your hotel suite? How about in your martini?

High-end restaurants and hotels are increasingly serving up diamonds and other bling.

By Bloomberg
Why you might want to cover your assets from volatility now
INDUSTRY NEWS JUL 14, 2015
Why you might want to cover your assets from volatility now

BlackRock chief investment strategist says prospect of stocks and bonds moving in tandem means higher risks for investors.

By Trevor Hunnicutt
INDUSTRY NEWS JUL 14, 2015
Crowdfunding-style approach to real estate investing gains momentum

Proliferation of digital platforms opens new ways to access properties, but investors must do their homework.

By Jeff Benjamin
3 things to consider before pursuing a strategic asset allocation
EQUITIES JUL 14, 2015
3 things to consider before pursuing a strategic asset allocation

Common assumptions that come with investment strategies don't always reflect reality.

By Peter Hecht