RIA News

Displaying 36708 results
Whiskey insurance is far from old-fashioned — demand is skyrocketing
ALTERNATIVES DEC 13, 2018
Whiskey insurance is far from old-fashioned — demand is skyrocketing

The rise in prices and attendant need for insurance give a view into the changing landscape of alternative investments.

By Bloomberg
UBS gets ultra-high-net-worth and family office clients to invest in Times Square tower
RIA NEWS DEC 13, 2018
UBS gets ultra-high-net-worth and family office clients to invest in Times Square tower

Construction on the 46-story tower known as TSX Broadway is set to begin in January.

By Bloomberg
Wells Fargo Advisors 2019 comp plan sees little change
PRACTICE MANAGEMENT DEC 13, 2018
Wells Fargo Advisors 2019 comp plan sees little change

But lowest-producing advisers face a pinch in pay.

By Bruce Kelly
Edward Jones settles 401(k) lawsuit for $3.2 million
RETIREMENT PLANNING DEC 13, 2018
Edward Jones settles 401(k) lawsuit for $3.2 million

Plaintiffs alleged the brokerage predominantly used funds in its 401(k) plan that furthered its own business interests at the expense of employees.

By Greg Iacurci
How we fight climate change matters
RIA NEWS DEC 13, 2018
How we fight climate change matters

To be effective, efforts to combat climate change must take in account other goals, such as food security and the eradication of poverty.

By John Wilson
Indexed annuity sales will soon eclipse those of variable annuities: Cerulli
LIFE INSURANCE AND ANNUITIES DEC 12, 2018
Indexed annuity sales will soon eclipse those of variable annuities: Cerulli

The marketing pitch of indexed annuities — upside potential with downside protection — seems to have resonated with investors and their advisers.

By Greg Iacurci
Couples should coordinate Social Security, Medicare decisions
RETIREMENT PLANNING DEC 12, 2018
Couples should coordinate Social Security, Medicare decisions

Marital status and employment dictate signup deadlines.

By Mary Beth Franklin
OneFPA frees up chapters
RIA NEWS DEC 12, 2018
OneFPA frees up chapters

The Financial Planning Association's move to relieve its chapters of many operational responsibilities will allow them to focus on delivering an exceptional experience for members.

By Bloomberg
Despite broker protocol mess, advisers still thinking about leaving Wall Street: Schwab study
RIA NEWS DEC 12, 2018
Despite broker protocol mess, advisers still thinking about leaving Wall Street: Schwab study

Just 16% of advisers surveyed see the withdrawals from the broker protocol slowing adviser moves.

By Bruce Kelly
Cetera loses $185 million firm to LPL, gains $180 million team from Ameriprise
RIA NEWS DEC 12, 2018
Cetera loses $185 million firm to LPL, gains $180 million team from Ameriprise

Cetera Advisor Networks loses John Marshall & Associates Investment Center as it welcomes Malara advisory team.

By Sarah Min
Ric Edelman is bullish on bitcoin, calls much of the advice industry ignorant of its potential
RIA NEWS DEC 12, 2018
Ric Edelman is bullish on bitcoin, calls much of the advice industry ignorant of its potential

The chairman of Edelman Financial Engines says crypto allocations should be small, very long term and investors should be prepared to lose everything.

By Jeff Benjamin
Financial decisions made by diverse populations more likely to revolve around others
RETIREMENT PLANNING DEC 11, 2018
Financial decisions made by diverse populations more likely to revolve around others

The new Prudential report surveyed members of diverse populations, including women, black Americans, Asian Americans, Latino Americans and members of the LGBTQ community

By Sarah Min
San Francisco advisers cheated low-income housing: City attorney
RIA NEWS DEC 11, 2018
San Francisco advisers cheated low-income housing: City attorney

The married couple, Caroline Novak and Igor Lotsvin, run Sage Rhino Capital, an RIA.

By Bruce Kelly
Clayton tells lawmakers advisers can skirt fiduciary standard
REGULATION AND LEGISLATION DEC 11, 2018
Clayton tells lawmakers advisers can skirt fiduciary standard

SEC chairman refuses to give specific time line for final advice-reform rule, but says it's a priority.

By Mark Schoeff Jr.
Mercer Advisors notches fifth RIA acquisition in four weeks
RIA NEWS DEC 11, 2018
Mercer Advisors notches fifth RIA acquisition in four weeks

Texas-based Bell Wealth Management specializes in serving the medical community

By Jeff Benjamin
Money manager finds path to Bay Area elite through bike riding
RIA NEWS DEC 11, 2018
Money manager finds path to Bay Area elite through bike riding

London-based Partners Capital co-founder creates strategy to build network by managing money for rich individuals.

By Bloomberg
Investors are biased against women, minorities, Morgan Stanley report finds
RIA NEWS DEC 11, 2018
Investors are biased against women, minorities, Morgan Stanley report finds

As a result, major profits are being left on the table.

By Bloomberg
Questions abound as Ohio National stops commission payments this week
LIFE INSURANCE AND ANNUITIES DEC 11, 2018
Questions abound as Ohio National stops commission payments this week

Advisers are grappling with how to proceed, with their clients and their businesses, as the insurer's new annuity trail policy takes effect.

By Greg Iacurci
Ex-Securities America broker suspended for hidden options trades that hurt client
ALTERNATIVES DEC 11, 2018
Ex-Securities America broker suspended for hidden options trades that hurt client

The broker recommended that a customer open an account away from Securities America.

By Bruce Kelly
Finra panel awards adviser $1.2 million from defunct broker-dealer
RIA NEWS DEC 10, 2018
Finra panel awards adviser $1.2 million from defunct broker-dealer

The award values Capital Guardian at $6.4 million

By Jeff Benjamin