RIA News

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RIAS RIA NEWS APR 15, 2009
With pitchforks and picket signs, anti-tax protesters turn out for dreaded April 15

Protesters began gathering at state Capitols and in neighborhoods and town squares across the country Wednesday to kick off a series of tax-day protests designed to echo the rebellion of the Boston Tea Party.

By Bloomberg
RIAS RIA NEWS APR 15, 2009
Traders step up buying after Fed report on economy

Investors picked up consumer staples and industrials stocks today but remained cautious after getting more evidence that the economy is still struggling.

By Bloomberg
RIAS RIA NEWS APR 14, 2009
Analyst sees auto rebound

New vehicle sales could start to recover in the next several months, which could give a needed boost to automotive stocks, an analyst said Tuesday.

By Associated Press
RIAS RIA NEWS APR 14, 2009
IRS programs, tax credits can help clients fund education costs

For 2008, individual taxpayers can claim a non-refundable credit against federal income taxes of up to $1,800 per student for qualified tuition and related expenses in the first two years of the student’s post-secondary education in a degree or certificate program.

By Art Auerbach
INVESTING LIFE INSURANCE AND ANNUITIES APR 14, 2009
MetLife turns down federal aid, cites strong balance sheet

MetLife Inc. has backed out of the Department of the Treasury’s Troubled Asset Relief Program, saying its strong balance sheet shows it doesn’t need federal aid.

By Darla Mercado
ADVISOR NEWS RETIREMENT PLANNING APR 14, 2009
Size of plan, pay-in rates help lower retirement plan fees, survey says

Lower fees for defined contribution retirement plans are related to factors such as the size of the plan, higher contribution rates by employers and employees, and greater use of automatic enrollment.

By Sara Hansard
RIAS RIA NEWS APR 14, 2009
Obama tempers optimism with reality on economy

President Obama aimed to juggle his glass-half-full take on the economy with a determination to not be stamped as naive or overly rosy in the face of stubborn problems that linger In a speech at Georgetown University today,

By Bloomberg
RIAS RIA NEWS APR 14, 2009
Bernanke sees 'tentative signs' of recession easing

Federal Reserve Chairman Ben Bernanke said Tuesday there have been "tentative signs" that the recession may be easing.

By Associated Press
RIAS RIA NEWS APR 14, 2009
Wholesale prices fell 1.2% in March

By Associated Press
INVESTING LIFE INSURANCE AND ANNUITIES APR 13, 2009
Genworth shares tumble after TARP shutout

The Richmond, Va.-based insurer’s shares fell as low as $1.92 in this morning’s trading, as the impact of Genworth’s ineligibility for help through the Department of the Treasury’s Troubled Asset Relief Program took hold.

By Darla Mercado
RIAS RIA NEWS APR 13, 2009
Goldman reports 1Q profit of $1.7B

Goldman Sachs Group Inc. has beat Wall Street's earnings expectations, reporting profit of $1.7 billion during the first three months of this year. It's another sign that banks may be turning themselves around.

By Associated Press
RIAS RIA NEWS APR 12, 2009
Abuse by speculators keeps investors on the sidelines

Investor's confidence in the stock and bond markets has been shaken, not just by economic weakness but also by the feeling that professional speculators are using tools not available to ordinary investors to plunder the markets.

By MFXFeeder
RIAS RIA NEWS APR 12, 2009
Defense stocks offer opportunities

Although the sector is challenging, select companies boast attractive returns American society is melding with technology at an ever-increasing pace, especially as a way to cut costs.

By James Reed
RIAS PRACTICE MANAGEMENT APR 12, 2009
Wachovia stops offering profit-formula deals

Wachovia Securities last month stopped offering recruitment packages to potential recruits to its profit-formula platform.

By Dan Jamieson
Cashing in on green investing
RIAS RIA NEWS APR 12, 2009
Cashing in on green investing

For those determined to put their money where their passions are, the world of environmentally conscious investing offers a growing list of opportunities.

By Jeff Benjamin
RIAS RIA NEWS APR 12, 2009
Fidelity eyes fees for its adviser referral program

Fidelity Investments may lift the free ride it has been giving to registered investment advisers who participate in its client referral program.

By Jed Horowitz
RIAS RIA NEWS APR 12, 2009
Market's rally breeds skepticism among advisers

Financial advisers are viewing the market gains of the past month with skepticism as they weigh whether it is time to dip a toe back into equities.

By Darla Mercado
RIAS RIA NEWS APR 12, 2009
Web-based tactics publicly embarrass tax cheats

Tax day is Wednesday, and once again the Internal Revenue Service won't collect billions of dollars owed by taxpayers.

By Jim Pavia
INVESTING LIFE INSURANCE AND ANNUITIES APR 12, 2009
Beleaguered insurers await their white knight - TARP

Although life insurers may be able to get a federal lifeline through the Troubled Asset Relief Program, it remains to be seen whether the money would be enough to help carriers survive mounting losses and decreased financial flexibility.

By Darla Mercado
RIAS RIA NEWS APR 12, 2009
Family feud drives home need for succession plans

When Chris Wanken's dad, a branch manager affiliated with Raymond James Financial Services Inc., fired him last March, it ignited a smoldering family dispute that experts say might have been avoided with better planning.

By Bruce Kelly