RIA News

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RETIREMENT PLANNING MAR 24, 2017
Morgan Stanley eliminating commissions, finder's fees in 401(k) plans

By Greg Iacurci
RETIREMENT PLANNING MAR 24, 2017
Merrill Lynch and Morgan Stanley: A tale of two fiduciary 401(k) business models

Each firm uses an approach that mitigates risk, but some observers say they're more for show than potential problem solving

By Greg Iacurci
RIA NEWS MAR 24, 2017
Financial Media Exchange buys AdviceIQ

Acquisition adds content for adviser information service.

By InvestmentNews
RETIREMENT PLANNING MAR 23, 2017
Could you be saving too much for retirement?

A new book cautions against paying down debt too aggressively, telling readers to build up their rainy day savings instead.

By Bloomberg
RETIREMENT PLANNING MAR 23, 2017
Trumpcare may put a stop to your plans for early retirement

The health-care overhaul will likely make it more expensive for Americans to retire before they're eligible for Medicare.

By Bloomberg
PRACTICE MANAGEMENT MAR 23, 2017
Merrill Lynch woos $343 million Morgan Stanley team

Five-person group is based in Glen Rock, N.J.

By Bloomberg
FIXED INCOME MAR 23, 2017
Vanguard's Joe Davis on interest rates, the US economy and what the Federal Reserve will do next

Plus, the global chief economist and head of the Vanguard Investment Strategy Group discusses whether federal debt is at crisis levels.

By John Waggoner
RIA NEWS MAR 23, 2017
Investor optimism highest since 2000: Wells Fargo/Gallup Investor and Retirement Index

Investors are more confident about retirement, but evenly split on impact of rising interest rates, according to the recent report.

By Bloomberg
REGULATION AND LEGISLATION MAR 23, 2017
SEC moving to bar former broker from Financial Network Investment Corp.

William Bucci, who has already been barred by Finra, pled guilty to charges of securities fraud last June.

By Bruce Kelly
RIA NEWS MAR 22, 2017
Schwab software development exec Timothy Betts joins CRM provider Junxure

By InvestmentNews
RETIREMENT PLANNING MAR 22, 2017
Bipartisan bill seeks to ease hurdle for small-business retirement plans

Measure directs Labor and Treasury Departments to allow employers and sole-proprietors participating in similar retirement plans to file a single aggregated Form 5500.

By InvestmentNews
REGULATION AND LEGISLATION MAR 22, 2017
Labor Secretary nominee Alexander Acosta says little about DOL fiduciary rule

During confirmation hearing, he talks mostly about overtime and minimum wage issues, although he's noncommital about his positions on those matters.

By Bloomberg
RETIREMENT PLANNING MAR 22, 2017
Tax cut optimism may be overblown

Wall Street Journal columnist notes health care resolution must come first, making any tax reform more distant.

By InvestmentNews
RETIREMENT PLANNING MAR 22, 2017
Taxpayers only hurting themselves by not mentioning their nondeductible IRA contributions

There's only one way to ensure they get the full tax benefit of those contributions.

By Tim Steffen
INDEPENDENT BROKER DEALERS MAR 22, 2017
Five advisers create $250 million hybrid in Ohio

They leave Summit, Sterne Agee and Edward Jones to form independent firm.

By InvestmentNews
PRACTICE MANAGEMENT MAR 22, 2017
Raymond James picks up $112 million team from Morgan Stanley

Ashley Banks and Donna Carroll, who operate as the Banks Carroll Group, specialize in working with female clients.

By InvestmentNews
REGULATION AND LEGISLATION MAR 22, 2017
Labor secretary nominee Acosta will follow Trump's direction on DOL fiduciary rule

Questioned by Sen. Warren about the regulation, Alexander Acosta said, if confirmed, he will carry out executive orders from 'my boss.'

By Meaghan Kilroy
INDEPENDENT BROKER DEALERS MAR 22, 2017
Merrill loses $350 million team to Raymond James

Five-person group joins employee unit in Williamsport, Pa.

By InvestmentNews
RIA NEWS MAR 21, 2017
Raymond James attracts $350M Merrill team

Five-person group opens firm's first office in Williamsport, Pa.

By InvestmentNews
REGULATION AND LEGISLATION MAR 21, 2017
Texas judge shoots down latest effort to halt DOL fiduciary rule

Chief Judge Barbara M.G. Lynn denied the financial trade association plaintiffs' motion for an injunction to stop the regulation.

By Bruce Kelly