RIA News

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RIA NEWS FEB 17, 2018
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By Carla Flores
RIA NEWS FEB 17, 2018
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By Carla Flores
RIA NEWS FEB 17, 2018
2017 largest variable annuity providers

Participating issuers, ranked by net assets and new sales.

By Ellie Zhu
WIREHOUSES FEB 16, 2018
JPMorgan's Dimon extends reign as best-paid Wall Street CEO

Citigroup's Corbat got the biggest raise last year, a 48% increase to $23 million

By Bloomberg
LIFE INSURANCE AND ANNUITIES FEB 16, 2018
Indexed annuities' performance may not be what you expect

Advisers should position the products more like fixed income than equities.

By Greg Iacurci
PRACTICE MANAGEMENT FEB 16, 2018
Morgan Stanley dropping some overseas wealth customers

Move reportedly involves only relatively small international accounts.

By Bloomberg
RETIREMENT PLANNING FEB 16, 2018
Tough tax season for victims of Social Security hack

Crooks stole their benefits, but the victims received 1099s for reportable income.

By Mary Beth Franklin
RETIREMENT PLANNING FEB 16, 2018
Social Security underpaid 82% of dually entitled widows and widowers

Agency failed to tell survivors that they could switch to a higher retirement benefit later.

By Mary Beth Franklin
REGULATION, LEGAL & COMPLIANCE FEB 16, 2018
State securities regulator says states can enforce DOL fiduciary rule

Experts expect more states to follow Massachusetts' lead.

By Mark Schoeff Jr.
RETIREMENT PLANNING FEB 16, 2018
What's the right number of funds in a 401(k) plan?

There's no hard-and-fast rule, but too many can overwhelm participants and breed bad decisions.

By Greg Iacurci
RIA NEWS FEB 16, 2018
In deregulated environment, Ameriprise may be moving back into retail banking

By acquiring or launching a bank, the firm would be able to recapture more profits from holding cash deposits.

By Bruce Kelly
RIA NEWS FEB 15, 2018
Fed seen speeding up rate hikes

Economists now expect four Fed hikes this year, as government spending package lifts growth and inflation.

By Bloomberg
RIA NEWS FEB 15, 2018
Muted sanctions remove spotlight from Wall Street misconduct

Under Jay Clayton's leadership, the SEC has opted not to hype hedge-fund and big-bank cases.

By Bloomberg
IRA ALERT FEB 15, 2018
New tax law provides opportunity for tax-rate arbitrage on Roth IRAs

Some clients could profit from the spread between 2017 and 2018 tax rates.

By Ed Slott
RETIREMENT PLANNING FEB 15, 2018
New tax law likely to make divorce negotiations more acrimonious

Elimination of the tax break divorcees get for paying alimony gives them less incentive to be generous to their former spouse.

By Bloomberg
RIA NEWS FEB 15, 2018
Buckingham Strategic Wealth acquires $350 million Stevens Wealth Management

Addition of Deerfield, Ill., RIA expands Chicago footprint of St. Louis-based $12.6 billion RIA.

By InvestmentNews
REGULATION, LEGAL & COMPLIANCE FEB 15, 2018
If Finra eases firm oversight of outside business activities, broker-dealers could lose revenue

Brokerage firms would no longer be able to charge reps for supervising nonaffiliated RIAs.

By Mark Schoeff Jr.
PRACTICE MANAGEMENT FEB 15, 2018
RIA owners should know what their firm is worth, but many don't get valuations

Getting a valuation from a third-party firm can be costly and complex.

By Jeff Benjamin
REGULATION, LEGAL & COMPLIANCE FEB 15, 2018
Galvin charges Scottrade with DOL fiduciary rule violations

Action of Massachusetts' top regulator shows states can put teeth into a rule under review by the Trump administration.

By Mark Schoeff Jr.
RETIREMENT PLANNING FEB 15, 2018
T. Rowe Price expands partnership with Financial Engines

Plan sponsors will get access to Financial Engines' full suite of managed-account services and improved technology integration.

By Ryan W. Neal