RIA News

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RETIREMENT PLANNING JUL 19, 2017
Redoing the math on a 4% retirement withdrawal rate

Given the current interest-rate environment and other factors, advisers disagree about whether the number is too conservative or not conservative enough.

By Jeff Benjamin
PRACTICE MANAGEMENT JUL 19, 2017
Morgan Stanley says recruiting and attrition have slowed down

If wirehouses can successfully reduce their reliance on signing bonuses to recruit brokers, they could increase profits.

By Bruce Kelly
RIA NEWS JUL 19, 2017
Focus Financial adds $2.3 billion Texas RIA

Brownlie & Braden Advisors in Dallas joins partnership.

By Bloomberg
RIA NEWS JUL 19, 2017
Despite efforts to change image, Wall Street fails to regain trust of Americans

Fewer than a third of Americans view bankers and billionaires positively, unchanged from 2009.

By Bloomberg
RETIREMENT PLANNING JUL 19, 2017
Shifting DCIO distribution offers opportunity for 401(k) advisers

Some asset managers traditionally focused on selling through advisers are bypassing them to go directly to 401(k) plan sponsors.

By Fred Barstein
ALTERNATIVES JUL 18, 2017
Are music royalties a new alternative investment?

You can get income for a song, but the length of the stream can be hard to predict.

By John Waggoner
WIREHOUSES JUL 18, 2017
Bank of America's Moynihan: No quick pullback from fiduciary rule

Chairman and CEO of the bank that contains Merrill Lynch says the DOL regulation is part of a larger trend in financial services.

By Bruce Kelly
REGULATION AND LEGISLATION JUL 18, 2017
Citi International reaps $1.5 million award in raiding case

Finra panel orders VectorGlobal WMG to pay damages involving the recruitment of former Citi brokers and the use of confidential information.

By Bloomberg
RETIREMENT PLANNING JUL 18, 2017
Tax incentives would boost small-business retirement plans: LPL study

Employers say even a small increase in current tax credit would encourage adoption.

By InvestmentNews
RETIREMENT PLANNING JUL 18, 2017
American dream sinking into abyss of uncertainty

Government report reveals grim outlook for Social Security compounded by trends in income inequality and health care.

By Bloomberg
RETIREMENT PLANNING JUL 18, 2017
DOL fiduciary rule: Transfers of IRAs in the new fiduciary world

Little has been said about prudent recommendations to transfer an IRA from another firm to the adviser's firm.

By Fred Reish
RIA NEWS JUL 18, 2017
Indie BD managing $520 million becomes OSJ

HBW Securities in Simi Valley, California, takes 55 reps to Cetera

By Bloomberg
RETIREMENT PLANNING JUL 18, 2017
Managed accounts look attractive to 401(k) advisers, but how do you measure performance?

The customization that makes them a good investment option presents a benchmarking challenge.

By Greg Iacurci
RIA NEWS JUL 17, 2017
National Holdings' acquisition of broker-dealer WFG Investments and its 200 advisers called off

Under an alternative plan, WFG's advisers will be relocated to three broker-dealers, including one owned by National Holdings.

By Bruce Kelly
REGULATION AND LEGISLATION JUL 17, 2017
House committees ready two assaults on DOL fiduciary rule this week

One is a vote on a bill to kill Labor's rule and replace it with a disclosure-based best-interest standard, while the second is legislation to prevent funding for enforcement of the regulation.

By Mark Schoeff Jr.
RIA NEWS JUL 17, 2017
Wells Fargo duo managing $230 million goes independent

Two reps in Palm Beach Gardens, Fla., affiliate with Raymond James.

By InvestmentNews
The Holy Grail of Being an Adviser
RIA NEWS JUL 16, 2017
The Holy Grail of Being an Adviser

The coaches from Focus Partners are back, this time to offer insights on how to not only cultivate Centers of Influence (COIs), but leverage those experts to gain introductions to new prospects.

By InvestmentNews
RIA NEWS JUL 14, 2017
SEC bars adviser to Tim Duncan and obtains judgment

Already facing a four-year prison term and $7.5 million in restitution, Charles Banks IV to pay other penalties.

By InvestmentNews
PRACTICE MANAGEMENT JUL 14, 2017
Kids make same financial mistakes as parents: study

A study of 30 million personal loans finds that when it comes to risk attitude, the apple doesn't fall far from the tree.

By Bloomberg
RETIREMENT PLANNING JUL 14, 2017
How Social Security treats the survivors of young workers

Eligibility rules are more lenient for the survivors of young workers because of their brief careers.

By Mary Beth Franklin