RIA News

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RIA NEWS APR 28, 2008
Report: Europe rocked by inflation

Europe is suffering from “a very strong inflationary shock” with food prices soaring and the cost of oil hitting record highs.

By Bloomberg
RIA NEWS APR 28, 2008
Empty homes highlight housing crisis

The number of vacant homes in the U.S. increased to a record 18.6 million in the first quarter of 2008.

By Bloomberg
RIA NEWS APR 28, 2008
Dividends are key in stock selection

If building a portfolio seems like a complicated endeavor full of unpalatable trade-offs and fuzzy concepts like diversification and dividends, as in every other way, stand ready to provide invaluable assistance.

By Bloomberg
RIA NEWS APR 28, 2008
Soaring commodities prices raise bubble fears

Advisers uncertain over the future direction of sky-high commodities prices have impressive company — commodities experts themselves.

By Bloomberg
RIA NEWS APR 28, 2008
Bank of China reports huge Q1 profit jump

The bank posted an 85% profit increase, thanks to a surge in net interest and net fee income along with a lowered tax rate.

By Bloomberg
RIA NEWS APR 25, 2008
Philanthropists getting younger by the year

The best age range to educate children about and involve them in philanthropy is five to 12, said a foundation executive.

By Bloomberg
RIA NEWS APR 25, 2008
Federated sees profit jump in first quarter

Federated Investors Inc.’s profit increased 8% in the first quarter on higher demand for its money market funds.

By Bloomberg
LIFE INSURANCE AND ANNUITIES APR 24, 2008
MBIA, Ambac Financial: Back to the trough?

One Goldman analyst says the bond insurers will need $3.4 billion each in added capital thanks to more quarterly losses.

By Bloomberg
RIA NEWS APR 24, 2008
IRA beneficiary designation mistakes

Advisers must distinguish between their ability to provide financial advice and the client’s need for legal counsel.

By Bloomberg
RIA NEWS APR 24, 2008
New-home sales fall to 17-year low

The number of new homes sold in March fell to a seasonally adjusted rate of 526,000, down 37% from last year.

By Bloomberg
RIA NEWS APR 24, 2008
Credit Suisse, T. Rowe, FBR and more

Credit Suisse lost $2.1 billion for the first quarter, compared with a profit of $2.7 billion in same period in 2007.

By Bloomberg
RIA NEWS APR 23, 2008
Ameriprise net up 16% in first quarter

The board of directors also announced a plan to repurchase up to $1.5 billion of the company's stock over the next two years.

By Bloomberg
ALTERNATIVES APR 22, 2008
Sales of existing homes drop 2% in March

Sales of existing homes decreased by 2% last month to a seasonally adjusted rate of 4.93 million units.

By Bloomberg
LIFE INSURANCE AND ANNUITIES APR 21, 2008
NAIC slams NAIFA on charter support

“We are certainly ... disappointed that NAIFA’s board would suddenly change course on this important consumer protection issue"

By Bloomberg
RIA NEWS APR 21, 2008
BofA takes $1.9 billion in write-downs

Bank of America Corp. reported a 77% decline in first-quarter earnings, to $1.21 billion, or $0.23 cents a share.

By Bloomberg
RIA NEWS APR 21, 2008
Educate clients on new socially conscious offerings

Tools designed to help investors avoid investments in countries that sponsor terrorism or genocide, or that violate the human rights of their citizens, are the latest offerings from financial services firms.

By MFXFeeder
RIA NEWS APR 21, 2008
Embracing strategies based on derivatives

A small but growing number of advisers are turning to derivatives-based strategies to help manage increased levels of market risk.

By Bloomberg
Custodians target Bear advisers
RIA NEWS APR 21, 2008
Custodians target Bear advisers

Attention, registered investment advisers who keep assets at Bear Stearns: The big custodians are out to bag you.

By Brooke Southall
RIA NEWS APR 18, 2008
Bank of New York Mellon: Making bank

The bank reported a 72% increase, led by gains from lending to investors and last year’s $18.3 billion merger with Mellon Financial.

By Bloomberg
LIFE INSURANCE AND ANNUITIES APR 18, 2008
FINRA seeks to delay some of VA sales rule

The regulator wants to delay a rule that governs the review of deferred variable annuity sales.

By Bloomberg