RIA News

Displaying 36690 results
Tax incentive for those who can afford to purchase a fancy jet
RIAS RIA NEWS FEB 27, 2019
Tax incentive for those who can afford to purchase a fancy jet

By Bloomberg
Fidelity says it fully discloses fund fees in 401(k) plans
ADVISOR NEWS RETIREMENT PLANNING FEB 27, 2019
Fidelity says it fully discloses fund fees in 401(k) plans

Department of Labor is allegedly investigating asset manager's infrastructure fee that is the focus of a 401(k) lawsuit.

By Bloomberg
Wells Fargo sees 'possible' legal losses rising by $500 million
ADVISOR NEWS WIREHOUSES FEB 27, 2019
Wells Fargo sees 'possible' legal losses rising by $500 million

Bank ups its estimate of how much it might have to spend to resolve investigations and claims related to its scandals.

By Bloomberg
Democrats offer `Medicare for All' bill to transform health care
ADVISOR NEWS RETIREMENT PLANNING FEB 27, 2019
Democrats offer `Medicare for All' bill to transform health care

Measure would replace almost all private health insurance.

By Bloomberg
Are the economics of active management becoming unsustainable?
ADVISOR NEWS RETIREMENT PLANNING FEB 27, 2019
Are the economics of active management becoming unsustainable?

Fidelity called the viability of a major fund platform into question, according to a report.

By Greg Iacurci
RIAS RIA NEWS FEB 26, 2019
Advisers serving $800 million in assets leave Ameriprise for LPL

Intellectual Capital Group is based in Spring Lake, N.J.

By InvestmentNews
Creative Planning makes first acquisition, adding $500 million in AUM
RIAS RIA NEWS FEB 26, 2019
Creative Planning makes first acquisition, adding $500 million in AUM

Minneapolis-based Johnston Group will increase presence in Northern Plains.

By InvestmentNews
The 10 biggest threats for retirement plan advisers
ADVISOR NEWS RETIREMENT PLANNING FEB 26, 2019
The 10 biggest threats for retirement plan advisers

A confluence of factors is poised to marginalize advisers providing 401(k) services over the next three years.

By Fred Barstein
Active managers change 401(k) sales divisions
ADVISOR NEWS RETIREMENT PLANNING FEB 26, 2019
Active managers change 401(k) sales divisions

Schroders, Cohen & Steers Inc. and ICMA-RC are examples of firms that have ramped up their investment teams as others have restructured or scaled back.

By Greg Iacurci
SALT cap will affect nearly 10.9 million people
RIAS RIA NEWS FEB 26, 2019
SALT cap will affect nearly 10.9 million people

Treasury inspector general estimates those taxpayers have a total of $323 billion in state and local tax bills they won't be able to deduct.

By Bloomberg
Morningstar study says advisory clients are stuck on investment performance
RIAS RIA NEWS FEB 26, 2019
Morningstar study says advisory clients are stuck on investment performance

Citing Vanguard's research, Morningstar says advisers need to emphasize the value of behavioral coaching over portfolio management

By Jeff Benjamin
Medicare and the high cost of prescription drugs
ADVISOR NEWS RETIREMENT PLANNING FEB 26, 2019
Medicare and the high cost of prescription drugs

There is no annual limit on out-of-pocket costs under Medicare Part D.

By Mary Beth Franklin
Reset your thinking for 2019
RIAS PRACTICE MANAGEMENT FEB 26, 2019
Reset your thinking for 2019

Stocks are forward-looking; investors should be, too.

By Damian Ornani
Most economists see U.S. recession by 2021
RIAS RIA NEWS FEB 25, 2019
Most economists see U.S. recession by 2021

Majority also expect the Fed to continue raising rates this year, survey shows.

By Bloomberg
Warburg Pincus to buy majority stake in Kestra Financial
INVESTING ALTERNATIVES FEB 25, 2019
Warburg Pincus to buy majority stake in Kestra Financial

Current owner Stone Point Capital, Kestra management and some advisers will retain equity positions in the indie B-D.

By Greg Iacurci
Fidelity sued for 'secret payments' in 401(k) plans
ADVISOR NEWS RETIREMENT PLANNING FEB 25, 2019
Fidelity sued for 'secret payments' in 401(k) plans

Fidelity allegedly pockets tens of millions of dollars a year from the undisclosed kickbacks, at the expense of its retirement clients.

By Greg Iacurci
Bank of America said to drop Merrill Lynch name from investment bank
ADVISOR NEWS WIREHOUSES FEB 25, 2019
Bank of America said to drop Merrill Lynch name from investment bank

The bank's wealth management unit will use the name Merrill going forward.

By Bloomberg
UBS team managing $738 million near Detroit leaves for Raymond James
RIAS RIA NEWS FEB 25, 2019
UBS team managing $738 million near Detroit leaves for Raymond James

Eleven-member group will join RJ's employee unit in Birmingham, Mich.

By InvestmentNews
All robo, no advice
ADVISOR NEWS OPINION FEB 25, 2019
All robo, no advice

Robo-advisers are here to stay but it's valid to criticize their limited planning options.

By Anders Jones
A recession? Financial advisers say it's right around the corner — or not
RIAS RIA NEWS FEB 25, 2019
A recession? Financial advisers say it's right around the corner — or not

A case can be made that the economy is either headed for an imminent slowdown or still has some juice left.

By Jeff Benjamin