RIA News

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RIA NEWS DEC 13, 2013
4 simple questions to ensure you're keeping pace with the industry

Here are some of the biggest ways in which our world has changed and the implications for all of us, and some questions we should all ask ourselves from time to time.

By Joe Duran
RETIREMENT PLANNING DEC 13, 2013
International Paper to pay $30M to settle 401(k) lawsuit

Employees alleged the paper distributor breached its fiduciary duty.

By Darla Mercado
RIA NEWS DEC 13, 2013
Ritholtz, Brown launch RIA

By Trevor Hunnicutt
RIA NEWS DEC 13, 2013
Finra board to tackle broker comp rule next week

Issue criticized by brokers back on agenda after July bump.

By Mark Schoeff Jr.
RETIREMENT PLANNING DEC 13, 2013
The trick of Social Security in first year of retirement

Earnings in months leading up to retirement date can be ignored.

By Mary Beth Franklin
RETIREMENT PLANNING DEC 12, 2013
ING wins fixed-annuity deal as Allstate narrows focus

ING U.S. Inc. will begin selling fixed annuities through Allstate Corp. agencies as the largest publicly traded U.S. auto and home insurer ceases to offer its own brand of the retirement products.

By Matt Ackermann
WIREHOUSES DEC 12, 2013
Driver in celebrity death crash was Merrill Lynch adviser

Roger W. Rodas was in actor Paul Walker's car; firm “deeply saddened” by loss.

By Trevor Hunnicutt
PRACTICE MANAGEMENT DEC 12, 2013
SIFMA vows to put customers first

But critic says trade group's initiative could mislead investors.

By Mark Schoeff Jr.
RETIREMENT PLANNING DEC 12, 2013
Vanguard threatens to ground pilots from making 401(k) trades

The Southwest Airlines pilots, who subscribe to an investment newsletter, are hurting certain funds by trading en masse, Vanguard says

By Darla Mercado
RIA NEWS DEC 12, 2013
Financial fraud is rampant but most people can't spot it: Survey

A new report finds that financial fraud is rampant but most people can't spot it: Many people find outsized return pitches "appealing." Uh-oh.

By Michael Shagrin
RIA NEWS DEC 12, 2013
Group floats new performance standards for retail advisers, CFA Institute pushes back

Brightscope, Spaulding Group seek comment on paper outline GIPS alternative.

By DJAMIESON
RETIREMENT PLANNING DEC 12, 2013
Alts require due diligence

In the wake of fraud allegations over alternative investments, Bruce Kelly warns that advisers need to do their due diligence when choosing an alt. <b>More:</b> <a href=&quot;http://www.investmentnews.com/article/20130811/REG/308119973&quot;>Investors defrauded by real estate guru: Finra</a>

By Bruce Kelly
RIA NEWS DEC 12, 2013
Fiduciary duty boosts revenue, not compliance costs: FPC

At least two large industry groups have told the SEC that fiduciary standard harmonization would cost firms a lot of money. In a comment letter released today, the FPC offered a slightly different take.

By Mark Schoeff Jr.
EQUITIES DEC 11, 2013
Longtime Vanguard portfolio manager Granahan set to step back

Portfolio manager still plans to do corporate analysis, study astronomy.

By Jeff Benjamin
RIA NEWS DEC 11, 2013
Why it's not too late to ride the equity bull market

Too many investors are still underinvested, even after the stock market has blown past Wells Fargo's 2013 target for the S&amp;P 500 by about 6%

By Jason Kephart
RIA NEWS DEC 11, 2013
Savant Capital acquires Northern Illinois RIA

Deal expands firm's footprint in Chicago area, boosts AUM to $3.7 billion.

By Gregory Crawford
RIA NEWS DEC 11, 2013
Wealth Enhancement Group moves into Chicago area

Wealth Enhancement Group, which has $3.7 billion in AUM, has nearly doubled its assets since 2007.

By MDURISIN
RETIREMENT PLANNING DEC 11, 2013
Ready or not? Surveys conflict on Americans' retirement preparedness

Are Americans ready for retirement or not? Depends on whether you are an optimist or pessimist &amp;mdash; new studies point to either yes or no. But according to two advisers, most people still have work to do.

By MDURISIN
RIA NEWS DEC 11, 2013
Why wirehouse advisers should become an RIA

Bill Schwartz, an independent adviser who broke away from Merrill Lynch, says he understands why advisers stayed at wirehouses five or 10 years ago. But today, the game has changed.

By Bill Schwartz
RIA NEWS DEC 11, 2013
Independent RIAs represent only growing sector in financial advice

A new study finds the number of independent advisers grew at 8% per year versus the industry's overall loss of 1.2% advisers per year.

By Trevor Hunnicutt