RIA News

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RIA NEWS JUL 09, 2014
D.C. attracts intellectual, financial capital

By Mark Schoeff Jr.
RETIREMENT PLANNING JUL 08, 2014
Surrender fees haunt legacy 403(b) plans

As employers move to lower-cost retirement options, some plans charge as much as 8% to switch.

By Darla Mercado
RETIREMENT PLANNING JUL 08, 2014
Missouri bars pension advances for public workers

Show Me State's action follows heightened regulatory scrutiny.

By Darla Mercado
EQUITIES JUL 08, 2014
The financial fallout from Germany's World Cup rout of Brazil

<i>Breakfast with Benjamin:</i> Germany's World Cup rout goes beyond soccer. Plus: The SEC takes another stab at curbing high-speed trading, investment lessons from a crumbling cupcake chain, and dividend stocks are looking better than ever.

By Jeff Benjamin
EQUITIES JUL 08, 2014
Investors bracing for a wild second half of 2014

<i>Breakfast with Benjamin:</i> Buckling up for a rocky second half. Plus: Companies tweak bylaws to tamp down shareholder lawsuits, Morningstar settles software piracy case, JPMorgan embraces smart-beta investing, and buying beer stocks when it's hot outside.

By Jeff Benjamin
LIFE INSURANCE AND ANNUITIES JUL 08, 2014
Life insurers turn focus to uncapped indexed annuities

Advisers and investors need to be fully aware of contract terms to explain nuances, answer client questions.

By Darla Mercado
INDEPENDENT BROKER DEALERS JUL 08, 2014
Sterne Agee wants to remove Holbrooks from board

Schedules a shareholder vote, discloses ongoing investigations of former father-son executive team.

By Bruce Kelly
INDEPENDENT BROKER DEALERS JUL 08, 2014
Sterne Agee's ousted CEO Holbrook said to face investigation

Probe reportedly looking into misuse of company assets such as airplanes, boats, condos.

By Gregory Crawford
PRACTICE MANAGEMENT JUL 08, 2014
Ex-Wells broker ordered to repay firm $1.2 million

A Finra arbitration panel denied the broker's claim that Wells Fargo made false promises during recruiting.

By Mason Braswell
INDEPENDENT BROKER DEALERS JUL 08, 2014
Schorsch to buy Validus Strategic Capital Partners, a broker-dealer of nontraded REITs and BDCs

REIT czar Nicholas Schorsch is keeping up his acquisition pace, agreeing to buy rival wholesaler Validus Strategic Capital Partners, a B-D of nontraded REITs and BDCs. Bruce Kelly has the story.

By Bruce Kelly
RETIREMENT PLANNING JUL 08, 2014
SEC hits American Pension Services and its founder with fraud charges

APS, a third-party administrator, allegedly caused investors to lose $22 million

By Darla Mercado
REGULATION AND LEGISLATION JUL 08, 2014
Morgan Stanley to pay fine over CFTC customer-fund claims

Morgan Stanley will pay $490,000 to settle U.S. Commodity Futures Trading Commission allegations that the company failed to adequately oversee customer funds.

By Matt Ackermann
RIA NEWS JUL 08, 2014
Steward Partners adds consulting unit

CEO says the consulting business will operate 'conflict-free.'

By Trevor Hunnicutt
RIA NEWS JUL 07, 2014
Alan 'Ace' Greenberg, who remade Bear Stearns, dies at 86

Loved and hated on Wall Street, former CEO said 2008 run the firm stemmed from 'groundless rumor.'

By Bloomberg
RETIREMENT PLANNING JUL 07, 2014
An editor tests the reality of retirement: 24/7 togetherness

More than half of working retirees report taking a break from work when they first retired, as Mary Beth Franklin's husband plans to do.

By Mary Beth Franklin
ALTERNATIVES JUL 07, 2014
No inflation in energy prices – yet

While there is no inflation in energy prices just yet, consumers could cope with higher energy prices as long as they occur over time and don't hit in the form of a shock. But the tipping point is not too far away.

By Paul Schatz
Doing the math on a retirement annuity
RETIREMENT PLANNING JUL 07, 2014
Doing the math on a retirement annuity

Spending $125,000 now could earn you $40,000 a year after you're 80.

By Ben Steverman
RETIREMENT PLANNING JUL 07, 2014
The high taxes on art purchases might surprise you

Here's how to lower that extra, hidden cost: The secret is a like-kind exchange, but using one to save in the art market is a little more complicated than using one in the real estate world.

By Diana Wierbicki
RIA NEWS JUL 07, 2014
Dollar rides high on hope into earnings season

<i>Breakfast with Benjamin:</i> The dollar is enjoying a big rally right into earnings season. Plus: Goldman moves up its rate hike forecast, putting GDP in perspective, El-Erian reads Yellen's mind, and proven old-school investing techniques.

By Jeff Benjamin
EQUITIES JUL 07, 2014
Most investors missed the Dow's early fireworks

Today's <i>Breakfast with Braswell</i> covers investors missing out on the Dow's latest rally, another gender bias suit hitting Wall Street, and much more.

By Andrew Leigh