RIA News

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Looking for a sign? Insiders buying stocks like mad
RIAS RIA NEWS AUG 05, 2011
Looking for a sign? Insiders buying stocks like mad

Retail investors may be fleeing stocks, but corporate executives are purchasing shares of their companies like mad. This may be the surest sign of all the market freefall is near an end. | <a href=http://www.investmentnews.com/article/20110811/FREE/110819980>Bottom's up? Stocks on a tear</a>

By John Goff
Called 'idiotic' by Kenneth Fisher, Pimco's 'new normal' spot on
RIAS RIA NEWS AUG 05, 2011
Called 'idiotic' by Kenneth Fisher, Pimco's 'new normal' spot on

Prediction of slow growth and high unemployment validated by yesterday's Fed announcement

By John Goff
Buying stocks now will prove to be 'uniquely rewarding experience:' Wilbur Ross
RIAS RIA NEWS AUG 05, 2011
Buying stocks now will prove to be 'uniquely rewarding experience:' Wilbur Ross

Billionaire going bargain hunting amid market turmoil; knows a thing or two about distressed assets

By John Goff
Where will the S&P 500 wind up this year? Top strategists offer surprise answer
RIAS RIA NEWS AUG 05, 2011
Where will the S&P 500 wind up this year? Top strategists offer surprise answer

If these Brainiacs are right, now would be a very good time to start buying equities

By John Goff
Downgrade? Buffett says U.S. merits AAAA rating
INVESTING LIFE INSURANCE AND ANNUITIES AUG 05, 2011
Downgrade? Buffett says U.S. merits AAAA rating

Warren Buffett roundly disagrees with S&amp;P's lowering of Uncle Sam's credit rating, stating that the United States deserves 'quadruple A' status.

By John Goff
2008 all over again? Stocks plummet
RIAS RIA NEWS AUG 05, 2011
2008 all over again? Stocks plummet

The downgrade of the U.S. credit rating sent investors stampeding out of equities today. What classifies as a 'stampede'? The Dow was down 632 points.

By John Goff
Jobs report surprises to the upside
RIAS RIA NEWS AUG 05, 2011
Jobs report surprises to the upside

Employers added more jobs than forecast in July, the jobless rate fell and wages climbed, easing concern the U.S. economy is grinding to a halt.

By Mark Bruno
RIAS RIA NEWS AUG 05, 2011
Most Read: What advisers think about the direction of the economy

Is the suddenly volatile stock market signaling another recession? A majority of financial advisers don't think so, but a significant number are of the belief that a second recession could be around the corner.

By Doug Cubberley
INVESTING ALTERNATIVES AUG 05, 2011
Buzz: Commonwealth, LPL could see fallout from Reg D deal they sold

Commonwealth Financial Network and LPL Financial LLC are contending with potential fallout from a real estate private placement they sold that faces pressure from its creditors.

By Doug Cubberley
Jobs to the rescue? Treasury yields rise from lows as economic concern eases
RIAS PRACTICE MANAGEMENT AUG 05, 2011
Jobs to the rescue? Treasury yields rise from lows as economic concern eases

U.S. two-year note yields increased from a record low yesterday as the Labor Department said the U.S. added 117,000 jobs, up from a revised 46,000 gain in June and compared with the 85,000 forecast in a Bloomberg News survey.

By Doug Cubberley
Former A.G. Edwards execs are out at Wells Fargo
RIAS PRACTICE MANAGEMENT AUG 05, 2011
Former A.G. Edwards execs are out at Wells Fargo

Several former long-time executives of A.G. Edwards &amp; Sons Inc. are no longer with Wells Fargo Advisors LLC, InvestmentNews has learned.

By Dan Jamieson
DOL fiduciary proposal gets bipartisan pounding
ADVISOR NEWS RETIREMENT PLANNING AUG 05, 2011
DOL fiduciary proposal gets bipartisan pounding

GOP and Democratic lawmakers skewer plan to apply stricter standard to retirement plan advisers; 'absence of evidence'

By Mark Schoeff Jr.
INVESTING LIFE INSURANCE AND ANNUITIES AUG 05, 2011
Hancock to pony up $1 million to La. in death benefit flap

The state of Louisiana will collect about $1 million in a settlement with John Hancock Life Insurance Co. as part of a massive investigation into the insurer's payment of death benefits

By Darla Mercado
Probe widens, as California examines how 10 life insurers handle dormant policies
INVESTING LIFE INSURANCE AND ANNUITIES AUG 05, 2011
Probe widens, as California examines how 10 life insurers handle dormant policies

The ten largest life insurers doing business in California are under the microscope over the way they handle dormant life insurance policies.

By Darla Mercado
INVESTING LIFE INSURANCE AND ANNUITIES AUG 05, 2011
Probe of insurers widens to include financial gain

Florida's insurance cop is looking into whether insurers' alleged failure to deliver deceased clients' death benefits promptly may have boosted the companies' financials

By Darla Mercado
Insurers' financials attract scrutiny in light of death benefit row
INVESTING LIFE INSURANCE AND ANNUITIES AUG 05, 2011
Insurers' financials attract scrutiny in light of death benefit row

Florida's insurance regulator is looking into whether insurers' alleged failure to deliver deceased clients' death benefits promptly may have had an impact on the companies' financial statements and reserves.

By Darla Mercado
ADVISOR NEWS REGULATION AND LEGISLATION AUG 05, 2011
B-D to settle private-placement suits

A broker-dealer that was a prominent seller of high-risk private placements that wound up going bust has almost wiped the slate clean of costly litigation that could have impaired the firm's financial condition

By Bruce Kelly
ADVISOR NEWS INDEPENDENT BROKER DEALERS AUG 05, 2011
B-D to pay clients $700K to settle private-placement suits

A broker-dealer that was a prominent seller of high-risk private placements that wound up going bust has almost wiped the slate clean of costly litigation that could have impaired the firm's financial condition.

By Bruce Kelly
ADVISOR NEWS FINTECH AUG 05, 2011
A new tool kit to help advisers track household wealth

Envestnet Inc., a turnkey technology and wealth management provider that went public in July, is adding several unified-managed-household features to its platform this week.

By Davis Janowski
ADVISOR NEWS RETIREMENT PLANNING AUG 05, 2011
Envestnet to provide money management platform for SSG

Envestnet Asset Management Inc. has signed an agreement to provide a money management platform for Shareholders Service Group Inc., a San Diego-based custodial firm that serves 700 advisers.

By Dan Jamieson