<i>Breakfast with Benjamin:</i> Some funds using cash for protection. Lots of it. Plus: Adviser charged with stealing $1.3M from widows and church friends, up from the ashes arises a new subprime giant, and Wall Street courts millennials.
As prices soar, some consolidators back away from acquisitions, citing cost of capital.
Despite being increasingly in-demand from clients like Bryan Wilson (pictured), advisers have been slow to embrace socially responsible investments. <b><i>(Plus: <a href="http://www.investmentnews.com/section/specialreport/20150301/IMPACTINVEST" target="_blank">Our full Impact Investing special report</a>)</b></i>
Advisers need to be aware of the tax laws in foreign jurisdictions, as well.
Once restructuring is completed, the company expects $3 million in annual savings after taking $9 million charge to move Fortigent unit to corporate headquarters in Charlotte, N.C.
Manager's $1.46 billion fund at Janus hit by investments in debt issued by U.S., Russian and Brazilian energy companies.
Money manager set to launch new strategy as “smart” way to dodge investment risks as rates rise.
Examples of how RIAs can make workflows more efficient by making sure their technology communicates
As brokerages feel pressure ramp up, forms coming later than usual.
Advisers and experts say 'the Fed really is hamstrung' by European Central Bankers' planned $50-billion-per-month quantitative easing program, meaning they can't raise or lower interest rates in this environment.
Move launches competition with Goldman Sachs in alternative space
Plus: Learn from the U.S. and invest in Europe, Carly Fiorina chides Hillary Clinton over email excuses, and St. Patrick's Day, American-style
<i>Breakfast with Benjamin:</i> Investors' nerves tested by rate hike talk this week. Plus: Most of the world's major oil projects are doing just fine at current price levels, retirement savings in a nutshell, and the chokehold of consumer debt.
Scientists are no longer the only ones paying attention to the groundbreaking advances in neuroeconomics—the study of how people make financial decisions. Recent studies have uncovered six tendencies that people may exhibit when making financial decisions. This information is opening doors to new insights that can help advisors stay relevant and deepen their client relationships.
Second-in-command Charlie Munger offers his take on the last 50 years and says four factors (one is luck) stand out as reasons the Oracle of Omaha has led his company Berkshire Hathaway to dizzying heights.
Fallout from ARCP hurt wholesaling unit but executives remain confident in recovery.
TIAA-CREF, the manager of retirement accounts for teachers, has agreed to buy Nuveen Investments for $6.25 billion, including debt. The combined company would rank among the 20 largest U.S. mutual-fund firms.
Broker-dealer North Capital Private Securities adds crowdfunding site OneVest to its platform that syndicates private offerings for investors.
It's surprising that most advisers remain agnostic about impact investing, even while client demand grows.
The largest U.S. mutual fund provider has a message for the boards of directors of America's biggest companies: We're watching how they're being run.
