Advisor News

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CalPERs paid $3.4B in private equity fees since 1990; earned $24.4B in net gains
RETIREMENT PLANNING NOV 24, 2015
CalPERs paid $3.4B in private equity fees since 1990; earned $24.4B in net gains

Lack of data has been a flashpoint for a national debate over the amount of fees paid to private equity managers, given the risks and illiquidity.

By Randy Diamond
PRACTICE MANAGEMENT NOV 23, 2015
DOL's fiduciary exemption is not a workable option for advisers

Too complex and cumbersome, provision would exclude investments such as alternatives from list of options.

By Dale Brown
Schorsch partner William Kahane resigns as director of two AR Capital REITs
INDEPENDENT BROKER DEALERS NOV 23, 2015
Schorsch partner William Kahane resigns as director of two AR Capital REITs

William Kahane, one of the co-founders of Nicholas Schorsch's AR Capital, resigns as a director from two real estate investment trusts.

By Bruce Kelly
EQUITIES NOV 23, 2015
SEC taking deep dive into role of ETFs in Aug. 24 market drop

<i>Breakfast with Benjamin:</i> SEC chairwoman Mary Jo White says the agency is taking a hard look at ETFs' role on Aug. 24, when stocks dropped like a rock, and the agency's trading rules are part of the scrutiny.

By Jeff Benjamin
RETIREMENT PLANNING NOV 23, 2015
Stretching your budget to fit your mortgage might not be a bad thing

Trulia's latest report reveals which cities may be most worth the risk when it comes to purchasing real estate.

By Bloomberg
RETIREMENT PLANNING NOV 23, 2015
Social Security changes sting women retirees

New rules limiting Social Security strategies in 2016 and beyond could make it more difficult for many women to maximize their benefits.

By Mary Beth Franklin
REGULATION AND LEGISLATION NOV 23, 2015
Women lawmakers play an outsized role in policymaking that affects advisers

Percentage of women in Congress similar to their proportion in the advice sector, with plenty of room to grow

By Mark Schoeff Jr.
PRACTICE MANAGEMENT NOV 23, 2015
Time for Congress to act on elder abuse

Senior$afe Act seems like a win-win for financial advisers and their elder clients.

By MFXFeeder
PRACTICE MANAGEMENT NOV 22, 2015
Finra's Susan Axelrod: Finding a job you love is what matters

By Susan F. Axelrod
FINTECH NOV 20, 2015
Will Fidelity kill goose that laid the golden egg?

By Alessandra Malito
EQUITIES NOV 19, 2015
S&P's global financial literacy test is out

<i>Breakfast with Benjamin:</i> S&amp;P Rating Services has released its global financial services literacy test, which uses four questions to test understanding of interest compounding, inflation, and risk diversification. How would you do?

By Jeff Benjamin
RETIREMENT PLANNING NOV 19, 2015
How to build an emergency fund fast

Forty-one percent of households don't have $2,000 in liquid savings, which would cover the median cost of the most expensive financial shock.

By Bloomberg
RETIREMENT PLANNING NOV 19, 2015
Five year-end moves to make you richer

Now is the time to sit down and focus on your finances.

By Bloomberg
Cybersecurity for the insecure RIA
OPINION NOV 19, 2015
Cybersecurity for the insecure RIA

Ways to prevent a bad outcome when examiners come to assess your cybersecurity efforts

By Les Abromovitz
REGULATION AND LEGISLATION NOV 19, 2015
Nicholas Schorsch's RCAP gets scorched on multiple fronts

By Mark Schoeff Jr.
UBS scores $2 billion Morgan Stanley team
PRACTICE MANAGEMENT NOV 19, 2015
UBS scores $2 billion Morgan Stanley team

The third billion-dollar-plus team to leave Morgan this summer is the latest in a series of big swaps.

By Mason Braswell
PRACTICE MANAGEMENT NOV 18, 2015
It's the time of year when wirehouses tinker with adviser pay plans

Firms need to think differently as the arms race in upfront money continues unabated.

By DSARCH
Graying advisers perform juggling act with baby-boomer, millennial clients
RETIREMENT PLANNING NOV 18, 2015
Graying advisers perform juggling act with baby-boomer, millennial clients

Working with retirement clients presents great challenges and opportunities. No two clients are alike and they need personalized solutions.

By Mary Beth Franklin
$5B Credit Suisse team latest to spurn Wells Fargo by joining Morgan Stanley
PRACTICE MANAGEMENT NOV 18, 2015
$5B Credit Suisse team latest to spurn Wells Fargo by joining Morgan Stanley

Wells finds exclusive recruiting agreement not enough to close the deal with all of the Swiss firm's brokers.

By Laura Sanicola
How to minimize the sting of 2016 Medicare premium rates
RETIREMENT PLANNING NOV 18, 2015
How to minimize the sting of 2016 Medicare premium rates

Beneficiaries who can't avoid an increase can still find ways to manage through the hike.

By Katy Votava