RIA News

Displaying 37294 results
Rising nursing home prices bode poorly for the future
RETIREMENT PLANNING JUN 25, 2019
Rising nursing home prices bode poorly for the future

Georgetown University Medical Center reveals brutal dynamic governing long-term care in America.

By Bloomberg
Funding for Reg BI, other SEC advice reform efforts denied in Waters amendment
REGULATION, LEGAL & COMPLIANCE JUN 25, 2019
Funding for Reg BI, other SEC advice reform efforts denied in Waters amendment

House likely to approve measure that effectively kills rule package, but it faces uphill battle in Senate

By Mark Schoeff Jr.
Advisers step up efforts to help clients manage student loan debt
PRACTICE MANAGEMENT JUN 25, 2019
Advisers step up efforts to help clients manage student loan debt

As some Democrats campaign to wipe the slate clean, financial planners focus on limiting the amount students borrow.

By Jeff Benjamin
Gucci settles 401(k) lawsuit for $1.2 million
RETIREMENT PLANNING JUN 25, 2019
Gucci settles 401(k) lawsuit for $1.2 million

The settlement is notable due to the relatively small size of the company's plan.

By Greg Iacurci
Asset managers hit by ever-rising costs as fees drop
RIA NEWS JUN 25, 2019
Asset managers hit by ever-rising costs as fees drop

Non-compensation costs have risen to 33% of total expenses, up from 26% in 2014.

By Bloomberg
Fixed-income solutions for breakaways entering the RIA space
OPINION JUN 25, 2019
Fixed-income solutions for breakaways entering the RIA space

Wirehouse advisers fear that they'll have less access to fixed-income investments in the independent space, but the opposite is true.

By Matt Sonnen
LPL Financial push for employee model attempt to tap into $11 trillion market
INDEPENDENT BROKER DEALERS JUN 25, 2019
LPL Financial push for employee model attempt to tap into $11 trillion market

Advisers working for wirehouses and regional firms control vast amounts of assets that LPL would like to bring under its umbrella.

By Bruce Kelly
GPB paid B-Ds and reps steep commissions to sell troubled private placements
ALTERNATIVES JUN 24, 2019
GPB paid B-Ds and reps steep commissions to sell troubled private placements

GPB paid commissions of 9.3%, or $167 million altogether, on the firm's private placements.

By Bruce Kelly
Congress members ask GAO to study fallout from death of DOL fiduciary rule
RETIREMENT PLANNING JUN 24, 2019
Congress members ask GAO to study fallout from death of DOL fiduciary rule

Democrats want the Government Accountability Office to examine how brokerage and other financial firms' businesses have changed since the new requirements were vacated last year.

By Greg Iacurci
Merrill Lynch team managing $220 million moves to Janney
RIA NEWS JUN 24, 2019
Merrill Lynch team managing $220 million moves to Janney

Four-adviser group in Lewes, Del., operates as MCH Wealth Management.

By InvestmentNews
Bernie Sanders to propose financial transactions tax to pay off student debt
REGULATION, LEGAL & COMPLIANCE JUN 24, 2019
Bernie Sanders to propose financial transactions tax to pay off student debt

Plan also provides states $48 billion annually to eliminate undergraduate tuition and fees at public colleges and universities

By Bloomberg
Wall Street lashes out at Bernie Sanders' plan to pay off student debt with a securities trading tax
RIA NEWS JUN 24, 2019
Wall Street lashes out at Bernie Sanders' plan to pay off student debt with a securities trading tax

Financial pros argue that a transaction levy will hurt mom and pop investors along with investment houses.

By Bloomberg
Technology can help turn client conversations toward planning in next bear market
FINTECH JUN 24, 2019
Technology can help turn client conversations toward planning in next bear market

Advisers don't want a replay of 2008 when clients bailed out of the advice industry.

By Ryan W. Neal
The pros and cons of state fiduciary rules
REGULATION, LEGAL & COMPLIANCE JUN 22, 2019
The pros and cons of state fiduciary rules

What are brokers and advisers to make of all this? We may be a long way from knowing, but there's a lot to watch while we wait.

By crain-api
Give us a break, active managers say
RIA NEWS JUN 22, 2019
Give us a break, active managers say

Seven portfolio managers share their outlooks for the rest of the year, generally agreeing that it's been hard for active managers to stand out.

By Jeff Benjamin
In the next few years, we predict ...
RIA NEWS JUN 22, 2019
In the next few years, we predict ...

40 Under 40 alumni share their thoughts on where they see the financial advice industry going.

By InvestmentNews
Young leaders, take note of these three key qualities
RIA NEWS JUN 22, 2019
Young leaders, take note of these three key qualities

Leadership is not easy, but adhering to these fundamentals will set you on a path to greatness.

By Matt Cosgriff
The future of the business is clear: It's advice, not investing
RIA NEWS JUN 22, 2019
The future of the business is clear: It's advice, not investing

40 Under 40 award alumni discuss where they see the profession heading.

By Ryan W. Neal
SEC wins churning case against Long Island broker
RIA NEWS JUN 21, 2019
SEC wins churning case against Long Island broker

Court will determine remedies against Donald Fowler at a later date.

By InvestmentNews
Finra censures, fines Citigroup over UIT sales violations
RIA NEWS JUN 21, 2019
Finra censures, fines Citigroup over UIT sales violations

For failing to credit discounts to customers, Citi will pay $377,000.

By InvestmentNews