RIA News

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Fidelity faces Galvin inquiry over fees charged for 401(k) plans
ADVISOR NEWS RETIREMENT PLANNING MAR 04, 2019
Fidelity faces Galvin inquiry over fees charged for 401(k) plans

Massachusetts' Secretary of the Commonwealth joins the Labor Department in questioning charges some mutual funds face for using Fidelity's platform.

By Bloomberg
Cetera Financial Group to offer fee-for-service business model
ADVISOR NEWS FINTECH MAR 04, 2019
Cetera Financial Group to offer fee-for-service business model

The network's advisers will be able to offer one-time services or ongoing subscription-style fees.

By Ryan W. Neal
Finra disciplinary actions packed $107,000 average punch in 2018
INVESTING LIFE INSURANCE AND ANNUITIES MAR 04, 2019
Finra disciplinary actions packed $107,000 average punch in 2018

By InvestmentNews
GPB Capital Holdings now focus of FBI investigation
INVESTING ALTERNATIVES MAR 04, 2019
GPB Capital Holdings now focus of FBI investigation

Agency's inquiry follows SEC and Finra investigations into private placement firm, which has raised $1.8 billion from wealthy investors.

By Bruce Kelly
Vanguard share of target-date fund market becoming 'obscene'
ADVISOR NEWS RETIREMENT PLANNING MAR 04, 2019
Vanguard share of target-date fund market becoming 'obscene'

The fund giant has ridden the wave of investors seeking lower costs, primarily as a result of retirement-plan lawsuits.

By Greg Iacurci
Making room for the next generation of advisers
ADVISOR NEWS RETIREMENT PLANNING MAR 04, 2019
Making room for the next generation of advisers

Many financial advisers are choosing to delay retirement, but where does that leave their younger colleagues?

By Joni Youngwirth
Help older clients facing a layoff realize their worth
ADVISOR NEWS RETIREMENT PLANNING MAR 02, 2019
Help older clients facing a layoff realize their worth

A client's morale will start to drop as quickly as their net worth.

By crain-api
Financial literacy: An epic fail in America
ADVISOR NEWS RETIREMENT PLANNING MAR 02, 2019
Financial literacy: An epic fail in America

How serious is the issue of financial literacy in the US and what can be done about it? Find out here

By Ramon Berenguer
Bill Gross explains why being an 'Asperger' made him a better investor
RIAS RIA NEWS MAR 01, 2019
Bill Gross explains why being an 'Asperger' made him a better investor

The billionaire 'bond king' touches on everything from being diagnosed with Asperger's syndrome to recession risks and a recent round of golf with Charles Schwab.

By Bloomberg
Vanguard using ETF portfolios to turn advisers into life coaches
INVESTING ETFS MAR 01, 2019
Vanguard using ETF portfolios to turn advisers into life coaches

The portfolios give advisers more time for the increasingly important task of reassuring jittery clients.

By Bloomberg
Custodians no longer at the center of RIA technology hubs
RIAS RIA NEWS MAR 01, 2019
Custodians no longer at the center of RIA technology hubs

Aite report shows more advisers are reaching out directly to technology vendors.

By Ryan W. Neal
As donor-advised funds grow in popularity, they may draw more scrutiny
ADVISOR NEWS REGULATION AND LEGISLATION MAR 01, 2019
As donor-advised funds grow in popularity, they may draw more scrutiny

Vehicles offer way to get tax breaks for bundling donations while delaying the giving part.

By Mark Schoeff Jr.
Adviser trade associations, investor advocates split on Nevada's authority to implement fiduciary rule
ADVISOR NEWS REGULATION AND LEGISLATION MAR 01, 2019
Adviser trade associations, investor advocates split on Nevada's authority to implement fiduciary rule

SIFMA, FSI, Investment Adviser Association say hands off; 16 advocacy groups say bring it on.

By Mark Schoeff Jr.
HSA assets should hit $75 billion by end of 2020, study projects
ADVISOR NEWS RETIREMENT PLANNING FEB 28, 2019
HSA assets should hit $75 billion by end of 2020, study projects

Researcher Devenir says number of accounts grew 13% last year to 25 million.

By InvestmentNews
New Jersey poised to create auto-IRA program
ADVISOR NEWS RETIREMENT PLANNING FEB 28, 2019
New Jersey poised to create auto-IRA program

The Garden State would be the sixth state to create such a retirement program, and experts say it's likely others will join the ranks this year.

By Greg Iacurci
Adviser managing $190 million leaves Wells Fargo for Alex. Brown
RIAS RIA NEWS FEB 28, 2019
Adviser managing $190 million leaves Wells Fargo for Alex. Brown

Elana Milianta will work in firm's Greenwich, Conn., office.

By InvestmentNews
RIAS RIA NEWS FEB 28, 2019
March 9, 2009: Financial advisers share lessons, scars from rock bottom

As the day approached, advisers felt the pressure and clients lost patience.

By Jeff Benjamin
Cetera Financial Group reels in $5 billion in assets to start 2019
ADVISOR NEWS INDEPENDENT BROKER DEALERS FEB 28, 2019
Cetera Financial Group reels in $5 billion in assets to start 2019

Chairman says management is 'rock solid' despite the departure of CEO Robert Moore.

By Bruce Kelly
Key Senate Democrat raises concerns about SEC advice reform proposal
ADVISOR NEWS REGULATION AND LEGISLATION FEB 28, 2019
Key Senate Democrat raises concerns about SEC advice reform proposal

During hearing, several bills affecting advisers and brokers receive initial Senate consideration.

By Mark Schoeff Jr.
Chicago-area 'adviser' convicted in $10 million swindle
RIAS RIA NEWS FEB 27, 2019
Chicago-area 'adviser' convicted in $10 million swindle

Shawn Baldwin found guilty on seven counts of wire fraud.

By InvestmentNews