RIA News

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EQUITIES OCT 15, 2014
Market strategists unbowed

<i>Breakfast with Benjamin:</i> Wall Street observers' resolve likely to be tested today, plus what could lift stocks out of their funk, solid earnings from Goldman Sachs and Janet Yellen's puzzle.

By Jeff Benjamin
EQUITIES OCT 15, 2014
When in doubt, follow the bond market's lead

<i>Breakfast with Benjamin:</i> When in doubt, follow bonds' lead. Plus: Consumer spending to the rescue, Johnson replaces Johnson at Fidelity, and more.

By Jeff Benjamin
LIFE INSURANCE AND ANNUITIES OCT 15, 2014
Allianz joins Wells Fargo's new indexed annuity platform

Insurer brings its Essential Income 7 indexed annuity, Essential Income Benefit feature, to the platform.

By Darla Mercado
MUTUAL FUNDS OCT 15, 2014
Abigail Johnson succeeds father as CEO of Fidelity Investments

Replaces father, Edward &#8220;Ned&#8221; Johnson, who will retire but remain chairman.

By James Comtois
3 risk-related reasons to put off claiming Social Security
RETIREMENT PLANNING OCT 15, 2014
3 risk-related reasons to put off claiming Social Security

The choice of when and how to claim Social Security benefits can affect the three biggest financial risks that retirees encounter.

By Mary Beth Franklin
WIREHOUSES OCT 15, 2014
UBS blocks some investors from buying Pimco funds as wirehouses take stock

UBS is preventing some clients from investing in Pimco funds following the abrupt departure of Bill Gross, as well as increased scrutiny from influential investment researchers.

By Trevor Hunnicutt
PRACTICE MANAGEMENT OCT 14, 2014
Wells Fargo nets $972M JPMorgan team

Wells Fargo Advisors continues to build on its recruiting momentum with the addition of a trio of former JPMorgan Chase &amp; Co. private bankers.

By Mason Braswell
RETIREMENT PLANNING OCT 14, 2014
Manage your passion assets and minimize taxes

Tips for passing your valuable collection on without sparking a feud or drawing Uncle Sam's ire

By David Ringold
RIA NEWS OCT 14, 2014
Advisers on stock sell-off: Keep calm, keep diversified

Some embracing decline and accompanying volatility to put cash to work

By Jeff Benjamin
RIA NEWS OCT 14, 2014
SEC exams could cost RIAs thousands – or even millions

New study pegs the annual cost for industry at $310 million, but fees for individual firms would vary based on AUM.

By Mark Schoeff Jr.
EQUITIES OCT 14, 2014
Fed tightening should not disrupt stock market

If you can withstand early bumps, growing economy will justify stock market gains.

By Jeff Benjamin
WIREHOUSES OCT 14, 2014
Puerto Rico debt depresses UBS Wealth earnings

Despite record revenue at UBS Wealth Management Americas, profits fell in the second quarter as the firm reported that it had to set aside $44M for litigation costs, mostly related to the firm's investments in Puerto Rico.

By Mason Braswell
EQUITIES OCT 14, 2014
No stock shock as central bank holdings keep ballooning

Combined balance sheets of U.S., Japan and euro area likely to swell another 20%.

By Bloomberg
ALTERNATIVES OCT 14, 2014
Bond market message to Fed: Your 4% rate outlook is too high

The bond market, unparalleled in predicting shifts in the U.S. economy over the decades, has a message: Interest rates aren't going to rise as high as even the Federal Reserve's own forecast.

By Andrew Leigh
INDEPENDENT BROKER DEALERS OCT 13, 2014
LPL's former star adviser finds a home

James &#8220;Jeb&#8221; Bashaw is now registered with small broker-dealer International Assets Advisory.

By Bruce Kelly
RIA NEWS OCT 13, 2014
New Fidelity CEO Abigail Johnson wants to be 'accessible to advisers'

Abigail Johnson, successor at the privately owned, family-run company, wants to understand the businesses of her clients, including advisers.

By Joyce Hanson
LIFE INSURANCE AND ANNUITIES OCT 13, 2014
Indexed universal life insurance faces fresh scrutiny

Regulators homing in on whether insurers are presenting a picture of performance that's too rosy.

By Darla Mercado
INDEPENDENT BROKER DEALERS OCT 13, 2014
LPL Financial agrees to pay $541,000 for faulty variable annuities switches in Massachusetts

Massachusetts Commonwealth Secretary William Galvin announces payment to reimburse senior citizens for surrender charges paid when switching variable annuities.

By Bruce Kelly
RIA NEWS OCT 13, 2014
How to find a financial adviser you can trust

Be willing to ask the tough questions, about fees and fiduciary duty

By Bloomberg
The $150,000 retirement decision
RETIREMENT PLANNING OCT 13, 2014
The $150,000 retirement decision

Only 5% of retirees claim past 67. But taking your Social Security benefits later can offset threats of longevity, inflation, markets downturns.

By Mary Beth Franklin