RIA News

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ADVISOR NEWS INDEPENDENT BROKER DEALERS FEB 06, 2011
Can LPL hit its recruitment target - and at what cost?

Mark Casady, chief executive of LPL Investment Holdings Inc., has reiterated aggressive growth targets for the country's largest independent broker-dealer

By Andrew Osterland
RIAS RIA NEWS FEB 06, 2011
Gabelli's picks up 216% in five years - what are favorites now?

Recommendations from Mario J. Gabelli's brokerage firm are trouncing returns in the U.S. stock market as analysts at the biggest securities firms struggle to prove their worth.

By Bloomberg
Gabelli's picks up 216% in five years — so what's he touting now?
RIAS RIA NEWS FEB 04, 2011
Gabelli's picks up 216% in five years — so what's he touting now?

Famed investor trouncing fund managers, S&P 500 with quarterly 'Focus Five' list

By John Goff
Life Partners' pitch change is a curveball for investors, attorneys say
INVESTING LIFE INSURANCE AND ANNUITIES FEB 04, 2011
Life Partners' pitch change is a curveball for investors, attorneys say

Settlement provider lowers advertised rate of return from 12% to 7%; litigation ahead?

By Darla Mercado
Will legal maneuver bail out B-Ds sued over private placements?
RIAS RIA NEWS FEB 04, 2011
Will legal maneuver bail out B-Ds sued over private placements?

Capital Financial wants to merge cases as part of a class action settlement; other brokerages said to be monitoring judge's decision

By Bruce Kelly
INVESTING LIFE INSURANCE AND ANNUITIES FEB 04, 2011
New York Life, MassMutual sued over Madoff investments

A machinery manufacturer last week sued New York Life Insurance Co., claiming it had lost money in variable universal life policies that were invested in funds linked to the Madoff scandal. Experts say similar suits are likely to follow.

By Darla Mercado
INVESTING EQUITIES FEB 04, 2011
Consumer electronics: Now a holiday staple?

From Black Friday door-buster specials on flat-panel TVs to stocking stuffers like MP3 players and e-book readers, shopping for electronics has become as synonymous with the holiday shopping season as decorating Christmas trees

By Standard and Poor's
ADVISOR NEWS FINTECH FEB 04, 2011
JPMorgan gives bankers iPads

JPMorgan Chase & Co. will give its investment bankers iPads to provide an additional mobile tool as Apple Inc. expands its domain to Wall Street, threatening Research in Motion Ltd. in a market it traditionally dominated.

By Bloomberg
How does he do it? Bill Gross only bear fund manager to top S&P 500
RIAS RIA NEWS FEB 03, 2011
How does he do it? Bill Gross only bear fund manager to top S&P 500

Bill Gross continues to impress. According to Morningstar, Pimco's short strategy fund, managed by Mr. Gross, was the only bear fund to beat the S&P 500 over the past decade.

By John Goff
ING hid kickbacks from fund firms in 12(b)-1 fees: Suit
ADVISOR NEWS RETIREMENT PLANNING FEB 03, 2011
ING hid kickbacks from fund firms in 12(b)-1 fees: Suit

Retirement plan administrator says insurance group ran a pay-to-be-on-the-platform scheme

By Darla Mercado
Paging William Jennings Bryan: Silver the new gold
RIAS RIA NEWS FEB 03, 2011
Paging William Jennings Bryan: Silver the new gold

Analysts see larger rise in price of silver, as industries find new uses for the precious metal

By John Goff
RIAS RIA NEWS FEB 03, 2011
TD exec: User fees likely to fund RIA oversight

'One thing Congress isn't going to do is give the SEC a bunch more money,' says Schweiss

By Dan Jamieson
DOL pension proposal could rock fund firms
ADVISOR NEWS RETIREMENT PLANNING FEB 03, 2011
DOL pension proposal could rock fund firms

Expanded definition of 'fiduciary' likely to hamstring funds that work with plan sponsors and participants.

By Darla Mercado
RIAS RIA NEWS FEB 03, 2011
Q&A: Two questions for NASAA president David Massey on adviser regulation

NASAA president David Massey sits down with <i>InvestmentNews</i> reporter Liz Skinner and discusses the potential impact of Finra regulation over investment advisers, and also how state regulators will deploy &quot;more intelligent regulation&quot; as they take on the oversight of all investment advisers under $100 million. <a href=http://assets.investmentnews.com/Bruno/massey_final.mp3>(Click here to listen.)</a>

By Mark Bruno
ADVISOR NEWS RETIREMENT PLANNING FEB 03, 2011
Advisers and the next generation(s)

In my ongoing effort to keep advisers abreast of ways to engage the next generation, I came across an entertaining website for you to share with parents or grandparents who can in turn share with their young ones.

By Davis Janowski
ADVISOR NEWS RETIREMENT PLANNING FEB 03, 2011
Insurer spreads fiduciary umbrella to keep small plans

New York Life Insurance Co. has kicked off a program that will allow agents to meet the tougher fiduciary requirements set by the Labor Department

By Darla Mercado
RIAS RIA NEWS FEB 03, 2011
Obama's stimulus plan made things worse, says Taleb

'Black Swan' author slams President, White House officials, U.S. debt level, mortgage interest tax deduction; likes Canada, however

By Bloomberg
Indexed annuities 'terrible ideas' for seniors, says Wharton prof
INVESTING LIFE INSURANCE AND ANNUITIES FEB 02, 2011
Indexed annuities 'terrible ideas' for seniors, says Wharton prof

High hidden fees, long surrender periods just some of the pitfalls, argues ex-Treasury official Smetters; insurers, agents beg to differ

By John Goff
RIAS RIA NEWS FEB 02, 2011
Focus Financial picks up $575M RIA

Linkup aimed at helping Pettinga Financial cope with 'onslaught' of new regulations

By Dan Jamieson
RIAS RIA NEWS FEB 02, 2011
Morningstar names its top-rated — and lowest — 529 plans

T. Rowe Price Group Inc., The Vanguard Group and American Funds are among the managers of the top Section 529 college savings plans, according to Morningstar's new 529 ratings, which it released today.

By Jessica Toonkel