RIA News

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Farmers make a killing buying back land from struggling banks
RIAS RIA NEWS MAY 16, 2011
Farmers make a killing buying back land from struggling banks

Banks come a cropper, as farmers buy back acreage at a fraction of the price they sold it for.

By Steve Daniels
ADVISOR NEWS RETIREMENT PLANNING MAY 15, 2011
Special report: The top-performing SMAs

Here, you'll find the top ten SMAs across six different categories, with data provided to InvestmentNews exclusively by Prima Capital.

By Mark Bruno
INVESTING EQUITIES MAY 15, 2011
Prima Capital's Nathan Behan: First-quarter commentary

Nathan Behan, a senior investment analyst at Prima Capital Holdings, outlines some key recent and long-term trends in the markets in an economic report and analysis on the first quarter

By MFXFeeder
RIAS RIA NEWS MAY 15, 2011
Wells Fargo shakes up wealth management

Wells Fargo & Co. has cut the number of regional managers — and operating regions — in its wealth management division to better integrate the investment advisory business it inherited from Wachovia Corp.

By Andrew Osterland
INVESTING LIFE INSURANCE AND ANNUITIES MAY 15, 2011
Judge kills Pru motion to toss death benefit suits

A Massachusetts federal court judge has quashed a motion by Prudential Insurance Co. of America to dismiss a lawsuit alleging that the insurer had wrongfully held on to veterans' death benefits instead of paying them out in a lump sum

By Darla Mercado
Wells Fargo shakes up wealth management
RIAS RIA NEWS MAY 13, 2011
Wells Fargo shakes up wealth management

Wells Fargo dramatically rejiggered its regional management set-up — with five execs losing their positions. According to a bank spokesman, the move is intended to help Wells 'realize the efficiencies of the merger with Wachovia.' One of those efficiencies: Cross-selling to Wachovia clients.

By Andrew Osterland
Boat's sailed on QE2 – and these three bond funds should gain
ADVISOR NEWS RETIREMENT PLANNING MAY 13, 2011
Boat's sailed on QE2 – and these three bond funds should gain

The Fed Reserve's quantitative easing is finally about to end. S&P analyst Michael Souers says this could be a real a boost for Treasuries with less lengthy maturities. Retirees, take note.

By Jeff Benjamin
Hoard 'em, Horns! University of Texas sitting on nearly $1B in gold bullion
RIAS RIA NEWS MAY 13, 2011
Hoard 'em, Horns! University of Texas sitting on nearly $1B in gold bullion

Apparently, investment officials for Longhorn endowment not overly bullish; also invest for Texas A&M

By John Goff
Silver investors holding 'a falling knife'
RIAS RIA NEWS MAY 12, 2011
Silver investors holding 'a falling knife'

Hiked margin requirements, plus slowing global economy, triggering biggest drop in futures prices since 1983

By John Goff
Forget Asia - the bargains are in Europe
RIAS RIA NEWS MAY 12, 2011
Forget Asia - the bargains are in Europe

The booming emerging economies of greater Asia have been a powerful investment theme for several years now, and China has represented the biggest lure of all

By David Marcus
ADVISOR NEWS RETIREMENT PLANNING MAY 11, 2011
For clients, a wake-up call at 50

They suddenly begin focusing on retirement income, says adviser at the InvestmentNews Retirement Income summit

By Lavonne Kuykendall
INcite: Obama slams GOP's 'too-big-to-tax' philosophy
RIAS RIA NEWS MAY 11, 2011
INcite: Obama slams GOP's 'too-big-to-tax' philosophy

President lambasts Republican resistance to raising rates on the wealthy

By Bloomberg
RIAS RIA NEWS MAY 11, 2011
Variable annuity market preps for features arms race

Midsize variable annuity writers such as John Hancock Life Insurance Co., Lincoln National Corp. and Transamerica Life Insurance Co. are expected to give the biggest sellers a run in the race for market share this year

By Darla Mercado
INVESTING LIFE INSURANCE AND ANNUITIES MAY 11, 2011
Jackson CEO Wells discusses VA, hedging

About half of the assets in our variable annuity portfolios are in passive funds, which are easier to hedge

By Darla Mercado
MSSB castoffs 'attractive' candidates for other firms
RIAS PRACTICE MANAGEMENT MAY 11, 2011
MSSB castoffs 'attractive' candidates for other firms

Recruiters say laid off trainees and low producers won't have trouble lining up work

By Bloomberg
Baird snags managers from MSSB, aims to hire 150 more advisers
ADVISOR NEWS INDEPENDENT BROKER DEALERS MAY 11, 2011
Baird snags managers from MSSB, aims to hire 150 more advisers

Robert W. Baird & Co. Inc. is opening up an office in Salt Lake City to offer financial advice with the help of Dean Cottle, a veteran wirehouse complex manager from Morgan Stanley Smith Barney LLC.

By Andrew Osterland
RIAS RIA NEWS MAY 10, 2011
Prescient advisers called gold and silver plunge

Amid the agony and angst felt by those who took a beating in last week's commodities meltdown, some financial advisers are patting themselves on the back for having steered over-enthusiastic clients away from gold and silver

By Dan Jamieson
Commodities the next CMOs? Money managers square off
RIAS RIA NEWS MAY 10, 2011
Commodities the next CMOs? Money managers square off

Prices of commodities from corn to crude spike ever upward. Meanwhile, money managers are boosting their holdings in food and natural resources to near-record levels. But the question remains: will commodities be the great asset class of the 21st century -- or the great bust?

By John Goff
ADVISOR NEWS INDEPENDENT BROKER DEALERS MAY 10, 2011
SEC: B-D failed to do due diligence on private deals

The Securities and Exchange Commission has alleged that an independent broker-dealer that was a leading seller of allegedly fraudulent private placements failed to conduct reasonable investigations into the offerings — and pocketed fees for due diligence without adequately researching the instruments

By Bruce Kelly
Rising star in wealth management? Wells Fargo crew hitches wagon to U.S. Bancorp
RIAS RIA NEWS MAY 10, 2011
Rising star in wealth management? Wells Fargo crew hitches wagon to U.S. Bancorp

Lender making big push to win ultra-wealthy clients, with ex-Wells execs leading the charge

By John Goff