RIA News

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Legislation to impose financial transactions tax introduced
RIAS RIA NEWS JUL 01, 2016
Legislation to impose financial transactions tax introduced

The legislation, which would place a tax on stocks, bonds and derivatives trading, was rolled out now to elevate the issue in this fall's election.

By Mark Schoeff Jr.
Don't you wish you could own a piece of Vanguard (the company)?
RIAS RIA NEWS JUL 01, 2016
Don't you wish you could own a piece of Vanguard (the company)?

...investors would be clamoring to buy it. In the U.S., the low-cost mutual fund giant has taken in about $1 billion a day over the past 18 months.

By Bloomberg
RIAS RIA NEWS JUL 01, 2016
5 go-to strategies for when market volatility strikes

Now's the time to assess how you felt and what you did in response to Brexit, and what you might be tempted to do in the coming weeks and months.

By Bloomberg
Unlike other active funds, First Eagle's fund champions its passion for cash
INVESTING EQUITIES JUL 01, 2016
Unlike other active funds, First Eagle's fund champions its passion for cash

First Eagle Overseas Fund's large cash holdings gives it a 'leg up' when markets turn choppy.

By Jeff Benjamin
Financial advisers reach out to clients as stocks plunge in Brexit wake
INVESTING EQUITIES JUL 01, 2016
Financial advisers reach out to clients as stocks plunge in Brexit wake

Advisers tried to prepare investors for Friday's wild ride as global markets digested the United Kingdom's surprising vote to exit the European Union after 43 years.

By Liz Skinner
ADVISOR NEWS INDEPENDENT BROKER DEALERS JUL 01, 2016
Indicted broker a poster boy for industry critics like Sen. Elizabeth Warren

Anthony Diaz, under federal indictment for fraudulent sales of alternatives, embodies the criticisms of the likes of Sen. Elizabeth Warren.

By Bruce Kelly
Schwab's Sonders and OppenheimerFunds' Memani fear Donald Trump's policies could hurt U.S. economy
RIAS RIA NEWS JUL 01, 2016
Schwab's Sonders and OppenheimerFunds' Memani fear Donald Trump's policies could hurt U.S. economy

The top investment strategists say Mr. Trump's anti-trade, anti-immigration and isolationist policies would also hurt the U.S.'s standing in the world.

By pgraham
Merrill Lynch hit with multiple fines by SEC, Finra
RIAS PRACTICE MANAGEMENT JUN 30, 2016
Merrill Lynch hit with multiple fines by SEC, Finra

Bank of America's brokerage unit admits wrongdoing in unprecedented <a href=&quot;http://www.investmentnews.com/article/20160623/FREE/160629959/merrill-lynch-to-pay-415m-to-settle-sec-charges-it-misused-customer&quot;>$415M consumer protection settlement </a> with SEC; slapped with two other fines the same day.

By Christine Idzelis
The Department of Labor, 401(k)s and technology
ADVISOR NEWS FINTECH JUN 30, 2016
The Department of Labor, 401(k)s and technology

While the new fiduciary rule could be interpreted as an unnecessary compliance burden, it may also present an opportunity with regard to 401(k) accounts.

By Sheryl Rowling
Retirement industry leader calls for united front in Washington
ADVISOR NEWS REGULATION AND LEGISLATION JUN 30, 2016
Retirement industry leader calls for united front in Washington

Edmund F. Murphy III, president of Empower Retirement, says reforms need to be led by the private sector.

By Mark Schoeff Jr.
Private bankers look to profit off the rise of robo-advice
RIAS RIA NEWS JUN 30, 2016
Private bankers look to profit off the rise of robo-advice

Artificial intelligence investment-advice services are likely to become more popular as banks expand services for the less-than-fabulously rich.

By Bloomberg
House passes Puerto Rico debt-crisis plan
RIAS RIA NEWS JUN 30, 2016
House passes Puerto Rico debt-crisis plan

The bill still requires passage by the Senate, which plans to take it up in the next several weeks.

By Bloomberg
Finra targets variable annuities as 'sweet spot' of scrutiny
INVESTING LIFE INSURANCE AND ANNUITIES JUN 30, 2016
Finra targets variable annuities as 'sweet spot' of scrutiny

Following record MetLife fine, regulator says VAs are now at the core of their focus: complex products marketed to seniors.

By Mark Schoeff Jr.
Let brokers be brokers: A response to the lawsuit against the DOL fiduciary rule
ADVISOR NEWS OPINION JUN 30, 2016
Let brokers be brokers: A response to the lawsuit against the DOL fiduciary rule

The original industry regulations from 1934 and 1940 were perfect &#8212; just not perfectly enforced.

By Luke Dean
Raymond James involved in $350 million development fraud: SEC-appointed receiver
ADVISOR NEWS INDEPENDENT BROKER DEALERS JUN 30, 2016
Raymond James involved in $350 million development fraud: SEC-appointed receiver

Latest lawsuit alleges widespread misuse of investor funds abetted by the brokerage firm.

By Bruce Kelly
Boston RIA hit with $48 million arbitration award
RIAS RIA NEWS JUN 30, 2016
Boston RIA hit with $48 million arbitration award

Clients accused Lee Weiss of recommending an unsuitable investment in a Polish tobacco company.

By Bruce Kelly
A hedge fund manager's view of liquid alternative funds
INVESTING ALTERNATIVES JUN 29, 2016
A hedge fund manager's view of liquid alternative funds

<i>Breakfast with Benjamin</i> Liquid alternative strategies are growing up, and that means some growing pains.

By Jeff Benjamin
JPMorgan being schizophrenic on broker poaching?
RIAS RIA NEWS JUN 29, 2016
JPMorgan being schizophrenic on broker poaching?

By Bloomberg
ADVISOR NEWS RETIREMENT PLANNING JUN 29, 2016
It's time to talk about aging and death with your parents

A new survey finds adult children are far less likely to say that these conversations should take place well before their parents retire or get sick.

By Bloomberg
Pursuing income through lower-risk real estate
RIAS RIA NEWS JUN 29, 2016
Pursuing income through lower-risk real estate

In this time of very low fixed-income returns, investors often are attracted to the diversification and income that real estate securities can provide.

By Alexandra Schnitta