RIA News

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RIAS RIA NEWS APR 18, 2012
Top stock picker excels by investing in risky debt

Thomas Soviero has unseated Ken Heebner as manager of the best-performing diversified U.S. stock fund over the past 10 years

By Bloomberg
RIAS RIA NEWS APR 17, 2012
Jeffrey Saut: Be conservative, but not conventional

By Jeffrey D. Saut
Don't look for correction in market correction, says Doll
RIAS RIA NEWS APR 17, 2012
Don't look for correction in market correction, says Doll

BlackRock strategist sees equities possibly shedding up to 7% of value; 'a guessing game'

By DJAMIESON
RIAS RIA NEWS APR 17, 2012
Buffett rule faces Senate vote; opposition from GOP is solid

By Mark Schoeff Jr.
INVESTING LIFE INSURANCE AND ANNUITIES APR 17, 2012
Advisers, B-Ds step back from The Hartford

By Darla Mercado
1,600 Woodbury reps await fate after Hartford purge
RIAS RIA NEWS APR 17, 2012
1,600 Woodbury reps await fate after Hartford purge

The dramatic reorganization at The Hartford leaves 1,600 reps at Woodbury Financial with a very uncertain future | <a href=http://www.investmentnews.com/article/20120321/FREE/120329977>Exit from the annuity business a shocker to advisers &amp;raquo;</a>

By Bruce Kelly
Schwab stepping up its advice game
RIAS RIA NEWS APR 17, 2012
Schwab stepping up its advice game

A recent survey of Schwab's clients found that only a third of investors felt comfortable making their own investment decisions. Marie Chandoha, president and chief executive, is targeting the remainder.

By Jason Kephart
RIAS RIA NEWS APR 17, 2012
Advisers find slim pickings as VA market contracts

By Darla Mercado
MetLife to kill VA living benefit this month
INVESTING LIFE INSURANCE AND ANNUITIES APR 17, 2012
MetLife to kill VA living benefit this month

Insurer to stop issuing the GMIB Plus IV rider Feb. 24

By Darla Mercado
Score one for the little guy; Obama's budget proposal bonks big guys, helps planless savers
RIAS RIA NEWS APR 17, 2012
Score one for the little guy; Obama's budget proposal bonks big guys, helps planless savers

Families earning more than $250K lose incentive; those without plans can access an auto-IRA

By Darla Mercado
2011 good sign money market reform not needed: ICI
ADVISOR NEWS RETIREMENT PLANNING APR 17, 2012
2011 good sign money market reform not needed: ICI

Says funds have held up despite fears of a global recession and drama on the Continent

By Jason Kephart
ASPPA, record keepers ask DOL for extension on plan fee disclosure
ADVISOR NEWS RETIREMENT PLANNING APR 17, 2012
ASPPA, record keepers ask DOL for extension on plan fee disclosure

The American Society of Pension Professionals and Actuaries and its sister organization The Council of Independent 401(k) Recordkeepers have asked the Labor Department for more time to meet enhanced fee disclosure requirements.

By Darla Mercado
ASPPA to Congress: 'Hands off our tax breaks'
ADVISOR NEWS RETIREMENT PLANNING APR 17, 2012
ASPPA to Congress: 'Hands off our tax breaks'

Group storms Capitol Hill to protect retirement savings vehicles

By Bloomberg
ADVISOR NEWS RETIREMENT PLANNING APR 16, 2012
States with sky-high property taxes

By John Goff
Edelman Financial to be bought for $257 million
RIAS RIA NEWS APR 16, 2012
Edelman Financial to be bought for $257 million

The wealth manager will be bought by PE firm Lee Equity Partners in a deal valued at $257 million.

By DJAMIESON
Edelman goes public on taking firm private
RIAS RIA NEWS APR 16, 2012
Edelman goes public on taking firm private

In a dramatic turn, Edelman Financial announced on Monday that the publicly traded company will be acquired by a PE firm in a deal valued at $265 million. Why delist? Ric Edelman explains it all for you.

By DJAMIESON
Bankers Life settles charges it ran unlicensed B-D operations
INVESTING LIFE INSURANCE AND ANNUITIES APR 16, 2012
Bankers Life settles charges it ran unlicensed B-D operations

Insurer to pay nearly $10M to close case; states claim carrier had commission arrangement with Uvest, ProEquities

By Darla Mercado
FSI lays into Labor Department on fiduciary proposal
ADVISOR NEWS RETIREMENT PLANNING APR 16, 2012
FSI lays into Labor Department on fiduciary proposal

Advocacy group demands update on rule revamping; 'withdraw and re-propose, not withdraw and walk away'

By Darla Mercado
Controversial lottery winner's luck running out fast — will fortune follow?
RIAS RIA NEWS APR 16, 2012
Controversial lottery winner's luck running out fast — will fortune follow?

Clayton makes several missteps after hitting $1M jackpot, including bad financial decisions, says one adviser

By Lavonne Kuykendall
FSI to Labor Dept.: We'll send IRA info ASAP
ADVISOR NEWS RETIREMENT PLANNING APR 16, 2012
FSI to Labor Dept.: We'll send IRA info ASAP

But broker-dealer group still not convinced applying fiduciary standard to IRA advice necessary

By Bloomberg