RIA News

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RIA NEWS AUG 04, 2010
Advisers on the Move: Reliance grabs $495M UBS rep

By Mark Bruno
RIA NEWS AUG 04, 2010
Lean and green: Why the bacon market is booming

Bacon lovers in the U.S. are paying record prices during the seasonal summer peak for consumption, and costs may keep rising through August because smaller hog herds led to an unprecedented plunge in meat inventories.

By Bloomberg
RIA NEWS AUG 04, 2010
NFP offers to buy $230M in notes

Financial advisory firm National Financial Partners Corp. said Wednesday it began a tender offer for $230 million in senior notes.

By Bloomberg
LIFE INSURANCE AND ANNUITIES AUG 04, 2010
Goldman exit leaves NFP in control of Institutional Life Services

The pullout of Goldman Sach leaves NFP in control of Institutional Life Services. So what will they do with it?

By Darla Mercado
RIA NEWS AUG 03, 2010
The investors behind New York's new tech boom

Hundreds of New York City entrepreneurs are benefiting from a newly resurgent angel investor community, a varied crew of serial entrepreneurs, Wall Streeters and others who are taking stakes in early-stage companies.

By Judith Messina
RIA NEWS AUG 03, 2010
Lousy at football, but Columbia's great at investing

Ivy League school's endowment tops Wilshire's ranking for second straight year; roar, Lion, roar

By Bloomberg
Pimco's Gross: Fed won't raise rates for at least two years
RIA NEWS AUG 03, 2010
Pimco's Gross: Fed won't raise rates for at least two years

Pacific Investment Management Co.'s Bill Gross said the Federal Reserve is unlikely to raise interest rates for two to three years as it seeks to keep the economy from slipping back into recession.

By Bloomberg
Raymond James' Jeffrey Saut: The call of the week
RIA NEWS AUG 03, 2010
Raymond James' Jeffrey Saut: The call of the week

<b>The call for this week:</b> When I entered this business, some 40 years ago, one of my mentors told me to put 20% of my money into Treasury Bills, 20% into stocks, 20% into bonds, 20% into precious metals, and 20% into real estate.

By Jeffrey D. Saut
MUTUAL FUNDS AUG 03, 2010
Broker-dealers blast SEC pricing plan for mutual fund fees

Brokerage executives are slamming the SEC's proposal to allow broker-dealers to set their own sales charges on mutual funds, claiming that it could create problems for both the industry and individual investors.

By Bruce Kelly
RIA NEWS AUG 03, 2010
The call of the week: 'A rally may be in order'

The call for this week: According to my friends at Bespoke Investment Group, &quot;The first half of the year came to an ugly end this week. The S&amp;P 500 is down more than 8% over the last ten trading days, with down days 9 out of 10 times.&quot;

By Bloomberg
RIA NEWS AUG 03, 2010
Raymond James' Jeffrey Saut: What investors can learn from water

In the markets, you must be flexible. As the old sailor's axiom states &#8211; you can't change the direction of the wind, but you can adjust the sails.

By Bloomberg
RIA NEWS AUG 02, 2010
Barton Biggs: It's time to buy (again)

Barton Biggs, the hedge fund manager who sold half his equity holdings at the start of July, said today that signs the U.S. economy will avoid a recession spurred him to build the stakes back up.

By Bloomberg
RIA NEWS AUG 02, 2010
Advisers will have their hands full with the reform law

The Dodd-Frank financial-reform bill has been signed into law by President Barack Obama, for better or worse.

By MFXFeeder
INDEPENDENT BROKER DEALERS AUG 02, 2010
High-profile HighTower attracts controversy as well as brokers

When HighTower Advisors LLC was launched in 2008, its pedigree and promise caught the industry's attention and the interest of a number of highly successful advisers.

By Bruce Kelly
PRACTICE MANAGEMENT AUG 02, 2010
HighTower adds adviser recruiters from Fidelity, UBS

HighTower Advisors LLC, a dually-registered firm that has been successful in luring talent from wirehouses, today announced that it is furthering its expansion efforts by hiring two recruiters who will focus on the Midwest and Western regions of the country.

By Hilary Johnson
WIREHOUSES AUG 02, 2010
UBS' McCann: It's all about the financial adviser

UBS will rebuild its reputation and revenue by marketing the advisory strength of its brokers and minting better products for wealthy investors, according to its new CEO

By Jed Horowitz
PRACTICE MANAGEMENT AUG 02, 2010
HighTower chief blasts lift-out lawsuit from Morgan Stanley

Elliot Weissbluth calls suit an intimidation tactic designed to deter other advisers from leaving

By Hilary Johnson
PRACTICE MANAGEMENT AUG 02, 2010
MSSB team in N.Y. jumps ship to join surging HighTower

HighTower Advisors LLC last Tuesday announced that it had snapped up another team of advisers, this time from Morgan Stanley Smith Barney LLC.

By Hilary Johnson
RIA NEWS AUG 02, 2010
UBS revamps wealth management unit

After weeks of discussions, UBS AG has announced a reorganization of its wealth management business to help integrate the unit with its financial adviser business.

By Jessica Toonkel Marquez
RIA NEWS JUL 30, 2010
The dollar: How low can it go?

The dollar touched a level below 86 yen for the first time this year and headed for a third straight monthly loss as a government report showed U.S. economic growth slowed in the second quarter.

By Bloomberg