RIA News

Displaying 36702 results
INVESTING EQUITIES JUL 30, 2010
The stocks Warren Buffett is selling

The number of U.S. stocks in Berkshire's $51 billion stock portfolio slipped to 33 as of March 31, compared with 39 a year earlier and 37 in 2008. Here are some of the notable reductions —and eliminations— Berkshire's portfolio.

By Mark Bruno
RIAS RIA NEWS JUL 29, 2010
New corn ETF second only to buying actual corn, says Teucrium's Gilbertie

The corn ETF, like Teucrium's other ETFs in registration, uses staggered futures contracts to track the current price of the commodity.

By Bloomberg
RIAS RIA NEWS JUL 29, 2010
Jesup & Lamont cuts 'non-essential personnel'

All salaries and commissions have been terminated, except for a “limited” number of workers

By Bloomberg
RIAS RIA NEWS JUL 28, 2010
Chipmakers face slowing growth

Standard & Poor's Equity Research Services has a neutral 12-month fundamental outlook for the semiconductor industry.

By Standard and Poor's
RIAS RIA NEWS JUL 28, 2010
New 12(b)-1 plan could hurt investors: FSI's Brown

The Securities and Exchange Commission's proposal this week to revamp 12(b)-1 fees is likely to leave investors with less choice in how they purchase funds, according to Dale Brown, president of the Financial Services Institute Inc.

By Jessica Toonkel
RIAS RIA NEWS JUL 28, 2010
Pimco's Mohamed El-Erian: It looks like an 'exciting time for investing'

Ask Mohamed El-Erian about the very real financial problems threatening the developed world, and you get a surprising response.

By Jeff Benjamin
Americans on financial reform bill: Thumbs down
RIAS RIA NEWS JUL 28, 2010
Americans on financial reform bill: Thumbs down

Backers of the Dodd-Frank bill, which will be voted on this week, say the measure will prevent another financial crisis while protecting the assets of the American public.<br> Said public isn't buying.

By Bloomberg
Sin stocks: One reason it's good to buy bad
RIAS RIA NEWS JUL 28, 2010
Sin stocks: One reason it's good to buy bad

Dividend yields are starting to make sin stocks difficult to ignore, according to Jeff Middleswart, manager of the Vice Fund Ticker:(VICEX).

By Bloomberg
RIAS RIA NEWS JUL 28, 2010
Americans' use of financial planners unchanged since crisis

Nearly two-thirds of those surveyed said they believe the economy will improve but are more worried than they were at the beginning of the financial meltdown.

By Mark Schoeff Jr.
Fidelity broadens duties of two RIA executives
RIAS RIA NEWS JUL 28, 2010
Fidelity broadens duties of two RIA executives

In yet another shakeup at the company, Scott Dell'Orfano adds relationship management to his duties, while Ron Fiske takes on the clearing unit.

By Jed Horowitz
Another longtime Fidelity exec exiting
RIAS RIA NEWS JUL 28, 2010
Another longtime Fidelity exec exiting

Laura Cronin, enterprise transformation officer and former CFO at Fidelity Investments, is departing. That makes three bigs who will leave the firm this year.

By Jessica Toonkel Marquez
RIAS RIA NEWS JUL 28, 2010
Charles Goldman to leave Fidelity

Recruited from Charles Schwab Corp., Mr. Goldman will be leaving Fidelity after just one year.

By Jed Horowitz
Larry Hagman's star broker would make J.R. blush: Antilla
RIAS RIA NEWS JUL 27, 2010
Larry Hagman's star broker would make J.R. blush: Antilla

The actor's adviser, Lisa Detanna, was named one of the 'Top 100 Women Financial Advisors' by Barron's. She's also been named in several arbitration cases and lawsuits.

By Susan Antilla, Bloomberg News
Brazen Ponzi artist scammed FBI, IRS agents for two decades
RIAS RIA NEWS JUL 27, 2010
Brazen Ponzi artist scammed FBI, IRS agents for two decades

For more than two decades, scammer Kenneth Wayne McLeod gave seminars and managed money for U.S. law enforcement officials. Finally, the law caught up with him.

By Bloomberg
RIAS RIA NEWS JUL 27, 2010
Adviser to Ponzi scheme victims goes bust

Tax consultancy's specialty&#8212;helping those swindled in investment frauds may have been a tad too specialized: Chapter 7 filing shows less than a dozen clients

By Hilary Potkewitz, Crain's New York Business
RIAS RIA NEWS JUL 27, 2010
From the best seat in the house to the big house: Ponzi artist to plead guity

Shapiro to cop to $880M fraud; used illegal gains to, among other things, purchase floor seats at Miama Heat games

By Bloomberg
RIAS RIA NEWS JUL 27, 2010
Legg Mason tabs new retail distribution exec

Legg Mason Inc. named Tom Hirschmann to head of its institutional unit in the U.S., replacing Kim Mustin, who is leaving the asset-management firm.

By Bloomberg
Revealed: Millionaires' top stock and favorite mutual fund
RIAS RIA NEWS JUL 27, 2010
Revealed: Millionaires' top stock and favorite mutual fund

A survey of Tiger 21 members offers an intriguing glimpse into what millionaires do with their millions

By Bloomberg
RIAS RIA NEWS JUL 27, 2010
Retail investors bail while money managers binge on stocks

Individual investors are bailing out of the market. Meanwhile, mutual funds and other institutional investors are buying stock like crazy. What gives?

By Bloomberg
BlackRock's Doll and Arledge: Investment directions for 3Q 2010
RIAS RIA NEWS JUL 27, 2010
BlackRock's Doll and Arledge: Investment directions for 3Q 2010

The debt crisis in Europe and ensuing sell-off in risk assets in the second quarter have raised fears that the global economy could slip back into recession.

By mlanche