RIA News

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RIAS RIA NEWS OCT 26, 2011
Corporate cash piling up - but not dividends

Pressure is building for higher dividends as U.S. companies from Google Inc. (GOOG) to Valero Energy Corp. (VLO) sit on record cash stockpiles, and payouts remain at three-year lows

By Bloomberg
ADVISOR NEWS REGULATION AND LEGISLATION OCT 26, 2011
Former LPL adviser: I was fired for running gun ad

Onetime Barron's hotshot adviser files suit against firm; also suing local regulators, including new NASAA president

By Bruce Kelly
RIAS RIA NEWS OCT 26, 2011
Revenue for average RIA firm hits all-time high in 2010

AUMs, number of clients also up; firms doing more with less

By Lavonne Kuykendall
RIAS RIA NEWS OCT 25, 2011
Father of '9-9-9' plan is a Wells Fargo adviser

Cleveland financial adviser Rich Lowrie's first hint that Herman Cain's campaign might catch the public's attention came last May when Mr. Lowrie was still interviewing for the role of the Republican presidential contender's economic adviser

By Liz Skinner
RIAS RIA NEWS OCT 25, 2011
Alarming number of boomers exhausted savings in recession

Slammed by the 2008 recession, a greater number of older Americans claimed Social Security benefits at a younger age, and a shockingly large percentage exhausted their personal savings, a government report has found

By Liz Skinner
Two more UBS execs resign over trading fallout
RIAS RIA NEWS OCT 25, 2011
Two more UBS execs resign over trading fallout

UBS AG, Switzerland's biggest bank, said Francois Gouws and Yassine Bouhara resigned as co-heads of global equities following the $2.3 billion unauthorized trading loss detected last month.

By Mark Bruno
Chicago high-rise falls flat, marks largest muni default of the year
ADVISOR NEWS RETIREMENT PLANNING OCT 25, 2011
Chicago high-rise falls flat, marks largest muni default of the year

The Clare at Water Tower missed $229m payment this month

By John Goff
DOL: Back to square one on 'fiduciary'
ADVISOR NEWS RETIREMENT PLANNING OCT 25, 2011
DOL: Back to square one on 'fiduciary'

Controversial plan to expand definition yanked to allow more input, further economic analysis

By Bloomberg
INVESTING FIXED INCOME OCT 25, 2011
Regions Financial still seeks buyer for Morgan Keegan

Morgan Keegan & Co. Inc. won a small victory last week when a class action brought by investors in a Tennessee state court was dismissed by a federal judge. But it doesn't look as if the troubled securities firm is any closer to being sold than when its parent company, Regions Financial Corp., put it up for sale three months ago

By Andrew Osterland
RIA 3Q M&A activity strong, Pershing report shows
RIAS RIA NEWS OCT 24, 2011
RIA 3Q M&A activity strong, Pershing report shows

Big firms were in play, private-equity firms were active; next two years could see 'frenetic activity'

By Bruce Kelly
Don't ignore the Wall Street protesters
RIAS RIA NEWS OCT 24, 2011
Don't ignore the Wall Street protesters

By MFXFeeder
INVESTING ALTERNATIVES OCT 24, 2011
Black swan manager returning 23%, anticipating bear market

Turbulence is where this hedge fund manager thrives

By Doug Cubberley
World has “bigger problem” than in 2008, Black Swan author says
ADVISOR NEWS RETIREMENT PLANNING OCT 24, 2011
World has “bigger problem” than in 2008, Black Swan author says

Nassim Nicholas Taleb, author of the best-selling book “The Black Swan,” said the current global market turmoil is worse than it was in 2008 because countries such as the U.S. have larger sovereign-debt loads.

By Doug Cubberley
INVESTING LIFE INSURANCE AND ANNUITIES OCT 24, 2011
Insurers' products are highly prized

By Darla Mercado
Ameriprise workers sue over 401(k)s
RIAS RIA NEWS OCT 24, 2011
Ameriprise workers sue over 401(k)s

A group of workers at Ameriprise Financial Inc. have filed suit in federal court against their employer, alleging that the company placed their 401(k) contributions in proprietary funds, ringing up $20 million in excess costs.

By Darla Mercado
INVESTING LIFE INSURANCE AND ANNUITIES OCT 24, 2011
Products and insurers' financial strength highly prized by advisers and agents

A LIMRA survey released Tuesday found that 32% of 616 producers picked an aspect of training as the most valued service offered by insurers.

By Darla Mercado
INVESTING LIFE INSURANCE AND ANNUITIES OCT 24, 2011
Hispanics underinsured

Though Latinos know they ought to have life insurance to protect their families, fewer of them buy it, compared with other demographic groups

By Darla Mercado
INVESTING LIFE INSURANCE AND ANNUITIES OCT 24, 2011
Survey: Under-45 crowd way underinsured

If you want to reach out to an untapped audience for life insurance, try people under 45

By Darla Mercado
RIAS RIA NEWS OCT 24, 2011
How to make a black-swan tactic fly

By MFXFeeder
Advisers not using social media are missing out on clients: survey
RIAS RIA NEWS OCT 24, 2011
Advisers not using social media are missing out on clients: survey

By Lavonne Kuykendall