RIA News

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INDEPENDENT BROKER DEALERS MAR 31, 2008
National Planning Holdings unveils surprising pay plan

Last year, National Planning Corp. and its sister broker-dealers shocked the independent-contractor broker-dealer industry with its lucrative recruiting packages to independent representatives.

By Bloomberg
RIA NEWS MAR 31, 2008
Upromise hit with high-level shake-up

In a move that has stunned the Section 529 college savings plan business, James Fadule has left his position as president of industry powerhouse Upromise Investments Inc.

By Bloomberg
RIA NEWS MAR 31, 2008
Carbon emissions trading becomes hot

The fight against global warming is making carbon emissions the hot new commodity.

By Bloomberg
INDEPENDENT BROKER DEALERS MAR 31, 2008
Advanced Equities gears up to go public

Advanced Equities Financial Corp., a Chicago-based securities firm that has carved a niche of financing companies backed by venture capital firms, is preparing for an initial public offering.

By Bloomberg
RETIREMENT PLANNING MAR 31, 2008
Risk management is key to distribution planning

Financial advisers and clients can be their own worst enemies when drafting plans for retirement income, making common — but crucial — errors that can ruin distribution plans, according to an influential academic.

By Darla Mercado
RETIREMENT PLANNING MAR 28, 2008
Barclays chooses MetLife as annuity provider

MetLife is bringing in its deferred income annuity as an asset allocation option in a defined contribution plan.

By Bloomberg
RIA NEWS MAR 28, 2008
Plosser to Fed: Tackle inflation or lose trust

Philly Fed president Charles Plosser was one of two voting members of the FOMC to oppose last week's cut in the Fed Funds rate.

By Bloomberg
RIA NEWS MAR 28, 2008
U.S. spending flatlined in February

U.S. consumption edged up by a scant $12 billion, a gain of only 0.1%.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 28, 2008
Insurer sues ex-chief executive

AIG has filed suit against ex-chief executive Maurice Greenberg and six other former directors and executives, accusing them of breaching fiduciary duty,

By Bloomberg
RIA NEWS MAR 28, 2008
Confidence index may point to recession

March's reading of the Reuters/University of Michigan Index of Consumer Sentiment was the worst since 1992.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 27, 2008
New York Life Insurance

The firm reported that its operating earnings jumped 17% to a record level of $1.28 billion for 2007.

By Bloomberg
RIA NEWS MAR 27, 2008
Gross national product unrevised

The U.S. economy grew at 0.6% annual rate in the first quarter, marking the slowest quarter since 2002.

By Bloomberg
ALTERNATIVES MAR 27, 2008
Man Group sees robust results for '07

The London hedge fund manager projects net management fee income to grow 15% from the year-ago period.

By Bloomberg
RIA NEWS MAR 26, 2008
'Terror free' index to debut

The FTSE Group and Conflict Securities Advisory Group have teamed up to roll out the Terror-Free Index Series.

By Bloomberg
RETIREMENT PLANNING MAR 26, 2008
Clients want advisers, not stock pickers

Most advisers are clueless about important tax rules that impact individual retirement accounts, CPA Ed Slott said.

By Bloomberg
RIA NEWS MAR 26, 2008
Bleak economy stats drive markets down

Orders for durable goods were down 1.7% last month, after a 5.1% drop in January, according to the Department of Commerce.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 25, 2008
Pershing makes annuities available to B-Ds

Annuities are from Principal Financial Group, Symetra Life Insurance and firms affiliated with MetLife Investors.

By Bloomberg
RIA NEWS MAR 25, 2008
Home prices dive 10.7% in January

Residential real estate prices fell precipitously in most metro areas, according to the S&P/Case-Shiller Home Price Index.

By Bloomberg
LIFE INSURANCE AND ANNUITIES MAR 25, 2008
Aflac shareholders get 'say on pay' vote

Aflac's directors have released a proxy statement inviting its shareholders to vote on performance-based compensation.

By Bloomberg
RIA NEWS MAR 25, 2008
Consumer confidence still tumbling

The U.S. consumer confidence dropped again in March falling to the lowest figure seen since March 2003.

By Bloomberg