RIA News

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RIAS RIA NEWS DEC 05, 2011
Democrats eye 3.25% millionaire surtax

U.S. Senate Democrats are proposing to use a 3.25 percent surtax on income over $1 million to pay for extending and expanding a payroll tax cut, setting up a test vote as early as this week.

By Doug Cubberley
RIAS RIA NEWS DEC 05, 2011
Americans staying put, but those who move are heading to no-tax states

The percentage of Americans who changed residences reached its lowest point last year in more than six decades, according to the Census Bureau

By Bloomberg
Biggs cuts bullish stock bets, sees odds of recession at 60% to 70%
RIAS RIA NEWS DEC 05, 2011
Biggs cuts bullish stock bets, sees odds of recession at 60% to 70%

Barton Biggs, the hedge fund manager who bought stocks when the market bottomed in 2009, cut bullish bets on equities, amid concern that the odds of a U.S. recession have increased.

By Doug Cubberley
RIAS RIA NEWS DEC 05, 2011
Protesters' rage might give rise to financial transactions tax

The Occupy Wall Street protest movement, which has filled streets and parks in New York, Los Angeles, Hong Kong and other cities for weeks, may soon show up in the halls of power, too

By Mark Schoeff Jr.
Strategists see large rebound for large caps this quarter
RIAS RIA NEWS DEC 05, 2011
Strategists see large rebound for large caps this quarter

Predict S&P 500 will end the year at 1,300; investors being 'swayed by macro variables'

By John Goff
Borzi vows to keep IRAs in Labor's revamped fiduciary proposal
ADVISOR NEWS RETIREMENT PLANNING DEC 05, 2011
Borzi vows to keep IRAs in Labor's revamped fiduciary proposal

A fervent outcry from a wide range of financial industry groups and bipartisan lawmakers helped persuade the Labor Department to withdraw a proposed rule that would expand the definition of fiduciary for advisers to retirement plans.

By Mark Schoeff Jr.
RIAS RIA NEWS DEC 04, 2011
Top RIAs: The regional rundown

Four popular places for RIAs to look for clients - plus the Q4 RIA rankings.

By Mark Bruno
RIAS RIA NEWS DEC 04, 2011
Advisers: Clients are better off than in 2008, but Obama must go

By Jeff Benjamin
RIAS RIA NEWS DEC 04, 2011
Longtime RJFS CEO to leave

By Bruce Kelly
RIAS RIA NEWS DEC 04, 2011
New York City is 'subsidizing the slackers,' professor says

New York is where the 1% live, and they have the tax returns to prove it.

By Bloomberg
RIAS RIA NEWS DEC 04, 2011
MetLife drops Citi as top stock pick

By Bloomberg
RIAS RIA NEWS DEC 04, 2011
New York's riches come at a price

Love it or hate it, New York elicits strong opinions from just about everyone.

By Andrew Osterland
RIAS RIA NEWS DEC 04, 2011
St. Louis: The pros and cons for advisers

St. Louis might be brushed off as flyover country by some coast-to-coast travelers, but it has become the final destination for many financial advisers.

By Lavonne Kuykendall
RIAS RIA NEWS DEC 04, 2011
Satisfied in Seattle: More clients than competitors for RIAs

Despite is reputation for gray skies, Seattle has weathered the nation's economic storm better than most of the U.S. That fact, combined with the area's recreational opportunities and quality of life, makes some financial advisers who live and work there pretty satisfied.

By Dan Jamieson
RIAS RIA NEWS DEC 04, 2011
W. George Grieg: Three key strategies for finding returns in 2012

Forget the headlines. Headlines do not earn return on equity for companies. Look instead to the evidence presented on a day-to-day basis. There is good, strong profitability and corporate performance globally.

By W. George Greig
RIAS RIA NEWS DEC 04, 2011
Rich win under Republican candidates' tax plans

The detailed tax plans from Republican presidential candidates would provide tax cuts for the highest earners, with those from Rick Perry and Jon Huntsman offering the biggest benefits

By Bloomberg
At UBS, i-banking out, wealth management in
RIAS RIA NEWS DEC 04, 2011
At UBS, i-banking out, wealth management in

Swiss giant cutting investment banking services to focus on private banking and wealth management services

By John Goff
Advisers can slice and dice peer data via Fidelity study
RIAS RIA NEWS DEC 02, 2011
Advisers can slice and dice peer data via Fidelity study

An online dashboard created by Fidelity Institutional Wealth Services allows RIAs to compare themselves to their peers.

By Lavonne Kuykendall
RIAS RIA NEWS DEC 02, 2011
B-D with 290 reps to shutter

Pacific West Securities is the latest indie broker-dealer to be closing up shop. The firms 300 or so reps have a place to land, however, and will be moving to Multi-Financial Securities

By Bloomberg
RIAS RIA NEWS DEC 02, 2011
End run

In the wake of another nixing of a high-profile settlement by the courts, the SEC has come up with a new game plan. The agency is now asking Congress for the authority to settle enforcement actions in-house.

By John Goff