RIA News

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RIA NEWS JUN 01, 2012
More skin in the game

Morgan Stanley executives announced plans to up the company's stake in Morgan Stanley Smith Barney. What this means for MS's credit rating -- well, that's still unclear.

By John Goff
Gold drops 6% in May on Europe's woes
RIA NEWS JUN 01, 2012
Gold drops 6% in May on Europe's woes

Europe's fiscal crisis leads to gold's worst monthly run in 11 years

By Doug Cubberley
PRACTICE MANAGEMENT JUN 01, 2012
Washington Wealth CEO steps down

Anthony Sirianni, one of the founders of Washington Wealth Management, has left the firm.

By DJAMIESON
RIA NEWS JUN 01, 2012
Why the Eurozone spells trouble for U.S.

By Jeff Benjamin
D-Day: Hearing for controversial SRO plan set for June 6
RIA NEWS JUN 01, 2012
D-Day: Hearing for controversial SRO plan set for June 6

Bachus bill to be discussed in front of house panel; sides already lining up

By Liz Skinner
'Targets on their back,' wealthy turning to trusts
RETIREMENT PLANNING JUN 01, 2012
'Targets on their back,' wealthy turning to trusts

Shielding assets now a prime concern of the rich; different states, different rules

By Bloomberg
FINTECH JUN 01, 2012
Client churn a royal pain? Seek a niche

Affinity practice best bet to retain book of business; whole lot of jumping going on

By LKUYKENDALL
REGULATION, LEGAL & COMPLIANCE JUN 01, 2012
Lobbyists redouble efforts as SRO bill heads to vote

By Mark Schoeff Jr.
WIREHOUSES JUN 01, 2012
New wirehouse math: Inside the numbers

By Bloomberg
Influential Democrat latest to oppose SRO bill
RIA NEWS JUN 01, 2012
Influential Democrat latest to oppose SRO bill

Waters says she's against Bachus bill; supports bulked-up SEC oversight Mark Schoeff Jr.

By Mark Schoeff Jr.
RIA NEWS JUN 01, 2012
Schwab to cut the ribbon on its third franchise office

Brokerage aiming to have ten such branch outfits in operation by end of year

By DJAMIESON
Bachus bill backs SRO for RIAs — and it could be Finra
RIA NEWS JUN 01, 2012
Bachus bill backs SRO for RIAs — and it could be Finra

On Wednesday, Rep. Spencer Bachus introduced his long-awaited bill that would establish at least one self-regulatory organization for investment advisers. The real question: Will it be Finra? The answer: It's looking more and more likely.

By Mark Schoeff Jr.
Schwab nabs Putnam's Carney as branch network boss
RIA NEWS JUN 01, 2012
Schwab nabs Putnam's Carney as branch network boss

Schwab nabs new branch network boss in Jeffrey Carney

By Dan Jamieson
RIA NEWS JUN 01, 2012
Schwab signs on three more for its indie branch program

The Charles Schwab Corp. has moved closer to its goal of opening 12 to 14 franchised branches this year with the recent addition of three locations, said chief executive Walt Bettinger.

By Bloomberg
RIA NEWS JUN 01, 2012
Schwab cuts ribbon on first franchise branch

The Charles Schwab Corp. has opened its first franchised branch office.

By Dan Jamieson
B-D to pay $2M to clients over Provident Royalties private placements
INDEPENDENT BROKER DEALERS JUN 01, 2012
B-D to pay $2M to clients over Provident Royalties private placements

Next Financial Group Inc. has agreed to pay $2 million in restitution to clients who bought oil and natural gas private placements of Provident Royalties LLC.

By Bloomberg
RIA NEWS JUN 01, 2012
Three clearing firms face an uncertain future

By Andrew Osterland
RIA NEWS JUN 01, 2012
Largest clearing firms ranked by number of B-D clients

By mlanche
Latest GDP data points to further slowing of U.S. economy
RIA NEWS MAY 31, 2012
Latest GDP data points to further slowing of U.S. economy

Rising unemployment data and weaker-than-expected economic growth have put a dark cloud over the markets to start the day

By Jeff Benjamin
Commodities head for worst monthly loss since recession of 2008
RIA NEWS MAY 31, 2012
Commodities head for worst monthly loss since recession of 2008

Commodities fell for a third day and are poised for the biggest monthly loss since the recession of 2008 as Europe's escalating debt crisis dimmed prospects for demand and sent crude oil into a so-called bear market

By Doug Cubberley