RIA News

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Advisers eighty-sixing 60/40 portfolio allocation: Survey
RIA NEWS MAY 23, 2012
Advisers eighty-sixing 60/40 portfolio allocation: Survey

Traditional investment strategy seen as old school; value of buy-and-hold also questioned

By Liz Skinner
Jefferson National latest to add more alternatives to VA
ALTERNATIVES MAY 23, 2012
Jefferson National latest to add more alternatives to VA

Jefferson National Life Insurance Co. has bolstered its roster of alternative-investment offerings

By Darla Mercado
RIA NEWS MAY 23, 2012
INTV: One-on-one with Raymond James' Tash Elwyn

InvestmentNews' Andrew Osterland sits down with RJ's Tash Elwyn and discusses the Morgan Keegan integration and other industry issues.

By Mark Bruno
Hartford reports pick up in VA surrender rate
RETIREMENT PLANNING MAY 23, 2012
Hartford reports pick up in VA surrender rate

In-force VA block lapse rate jumped by nearly 50% after Hartford announced it would leave annuity biz; many contracts in the money

By Darla Mercado
Forethought at forefront as RJ pulls plug on Hartford annuities
RETIREMENT PLANNING MAY 23, 2012
Forethought at forefront as RJ pulls plug on Hartford annuities

Company not prepared to put annuities manufacturer on its platform

By Darla Mercado
Finra, planners slug it out over adviser SRO cost
RIA NEWS MAY 23, 2012
Finra, planners slug it out over adviser SRO cost

Regulator pegs annual cost at $155M, adviser groups put price at $610M; either way, Barney Frank hates the whole idea

By Mark Schoeff Jr.
RETIREMENT PLANNING MAY 23, 2012
MetLife to pay $500M to settle death benefit probe

Multistate settlement follows review on whether companies were holding funds that should go to beneficiaries.

By Bloomberg
Security Benefit CFO: 'We're open to L.A. Dodgers investment'
LIFE INSURANCE AND ANNUITIES MAY 23, 2012
Security Benefit CFO: 'We're open to L.A. Dodgers investment'

Guggenheim's purchase of the Dodgers to close April 30, reportedly insurers will be tapped

By Darla Mercado
Finra panel: David Lerner Associates sold marked-up munis
INDEPENDENT BROKER DEALERS MAY 23, 2012
Finra panel: David Lerner Associates sold marked-up munis

Brokerage ordered to pay $3.7M for jacking up prices on tax-exempt bonds and CMOs; head trader suspended

By Liz Skinner
It's official: Raymond James closes on Morgan Keegan deal
RIA NEWS MAY 23, 2012
It's official: Raymond James closes on Morgan Keegan deal

Acquires Memphis-based brokerage for $1.18B; no retention headaches so far

By AOSTERLAND
Morgan Keegan advisers plan to stay with Raymond James
INDEPENDENT BROKER DEALERS MAY 23, 2012
Morgan Keegan advisers plan to stay with Raymond James

By AOSTERLAND
The Hartford's annuity exit a shocker for advisers
RETIREMENT PLANNING MAY 23, 2012
The Hartford's annuity exit a shocker for advisers

Carrier's wholesalers met with advisers as recently as last week, said insurer was “committed” to annuity space

By Darla Mercado
REGULATION, LEGAL & COMPLIANCE MAY 23, 2012
Finra sank his job chances, attorney says

A Florida attorney claims that the Financial Industry Regulatory Authority Inc. derailed his bid to become the state's top financial watchdog in retaliation for a previous legal dispute he had with the regulator.

By Dan Jamieson
INDEPENDENT BROKER DEALERS MAY 22, 2012
<font color=red>Live</font> Bruce Kelly at Finra

By Paul Menchaca
RIA NEWS MAY 22, 2012
ECRI: Welcome to the recession

By Paul Menchaca
INDEPENDENT BROKER DEALERS MAY 22, 2012
Live updates about broker-dealers from Finra's annual conference

By Paul Menchaca
RIA NEWS MAY 22, 2012
Advisers may 'like' Facebook - later

By Jeff Benjamin
Still big upside for small-caps, says fund manager
RIA NEWS MAY 22, 2012
Still big upside for small-caps, says fund manager

FAM's Robert says plenty of value left in asset class; his small-cap fund invests only in a small number of companies

By Jeff Benjamin
Squat: 35,000 wealthy households paid no taxes in 2009, says IRS
RIA NEWS MAY 21, 2012
Squat: 35,000 wealthy households paid no taxes in 2009, says IRS

That's what 35,000 wealthy households paid in taxes in 2009. Why is that?

By John Goff
RIA NEWS MAY 21, 2012
Blame game

So far, Facebook's much-trumpeted IPO has mostly been a face plant. So who's responsible? There's no shortage of candidates -- including clients. | <a href=http://www.investmentnews.com/gallery/20120518/FREE/518009999/PH>10 reasons clients shouldn't buy Facebook</a> &amp;raquo;

By John Goff