RIA News

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Wells Fargo launching 'completely different' target date funds that take an active approach
ADVISOR NEWS RETIREMENT PLANNING NOV 12, 2015
Wells Fargo launching 'completely different' target date funds that take an active approach

The retirement funds, the firm's second to market, seek to give investors 80% pre-retirement income replacement.

By Greg Iacurci
DOL pushes back on legislation to kill fiduciary
RIAS PRACTICE MANAGEMENT NOV 12, 2015
DOL pushes back on legislation to kill fiduciary

While bipartisan group frets over 'unintended negative consequences,' Labor Department says bill would establish best-interest standard 'in name only.'

By Mark Schoeff Jr.
RCAP "unlikely" to dump Cetera for $700 million: analyst
INVESTING ALTERNATIVES NOV 12, 2015
RCAP "unlikely" to dump Cetera for $700 million: analyst

Citigroup's Bill Katz questions report that RCAP was shopping Cetera for "fire sale" price

By Bruce Kelly
ADVISOR NEWS RETIREMENT PLANNING NOV 11, 2015
Is all the financial advice you've heard wrong?

Ethan Bloch, founder of online financial company Digit, wants to disspell certain myths millennial investors have been taught.

By Bloomberg
ADVISOR NEWS RETIREMENT PLANNING NOV 11, 2015
Young women taking more time to leave their parents' nests

The increase is puzzling considering the improved state of the economy and an improving job market.

By Bloomberg
Could a one-time extra Social Security payment be coming your way?
ADVISOR NEWS RETIREMENT PLANNING NOV 11, 2015
Could a one-time extra Social Security payment be coming your way?

Sen. Elizabeth Warren, D-Mass., recently introduced legislation to pay $581 to each person receiving retirement benefits to offset no cost of living adjustment in 2016.

By Laura Sanicola
Software companies race to update Social Security advice
ADVISOR NEWS RETIREMENT PLANNING NOV 11, 2015
Software companies race to update Social Security advice

Industry leaders ready with new guidance while others play catch up.

By Mary Beth Franklin
Why global dividend stocks have become one of the best plays in the market
INVESTING EQUITIES NOV 11, 2015
Why global dividend stocks have become one of the best plays in the market

Companies paid out a record $1 trillion last year; about 70% came from non-U.S. companies

By Ben Lofthouse
$258M UBS team goes independent with Wells Fargo FiNet
RIAS RIA NEWS NOV 11, 2015
$258M UBS team goes independent with Wells Fargo FiNet

Curtis Rach and Jud Crary join established practice in Irvine, Calif.

By Laura Sanicola
Franklin hires iShares developer, former BlackRock ETF executive
RIAS RIA NEWS NOV 10, 2015
Franklin hires iShares developer, former BlackRock ETF executive

Active fund manager sees opportunities for investors in exchange-traded funds.

By Bloomberg
Time to overcome your fear of video
ADVISOR NEWS FINTECH NOV 10, 2015
Time to overcome your fear of video

When in-office meetings are not practical, the need for personalized communication is heightened, and face-to-face communication can make the difference between keeping or losing a client.

By Sheryl Rowling
The apolitical Fed is becoming a political target
INVESTING EQUITIES NOV 10, 2015
The apolitical Fed is becoming a political target

<i>Breakfast with Benjamin</i>: Even though it's designed and expected to be apolitical, the Federal Reserve is becoming a popular target of political attacks.

By Jeff Benjamin
Cutting clients' tax liability becomes top of mind for advisers as tax season opens
RIAS RIA NEWS NOV 10, 2015
Cutting clients' tax liability becomes top of mind for advisers as tax season opens

<i>InvestmentNews</i> webcast panel says charitable giving, mutual fund capital gains distributions and RMDs key issues to cover.

By Laura Sanicola
Advisers using the wrong words on websites to attract new clients
ADVISOR NEWS FINTECH NOV 10, 2015
Advisers using the wrong words on websites to attract new clients

Unique and authentic messages are necessary to stand out in crowded market.

By Liz Skinner
ADVISOR NEWS RETIREMENT PLANNING NOV 10, 2015
Millennials shun big banks and the fees that go with them

Find out where young investors are putting their money now that major institutions have increased what they charge for account maintenance, overdrafts, ATM withdrawals and other services.

By Bloomberg
RIAS RIA NEWS NOV 10, 2015
United Capital adds two firms and more than $1.5B in assets

Deals include Maryland firm with a $1.1 billion retirement plan practice.

By Laura Sanicola
RIAS RIA NEWS NOV 10, 2015
Pimco fires back at Gross

Money manager fired back at Bill Gross, the co-founder who oversaw the firm's ascent for 43 years, saying his lawsuit over his departure looks more like a screenplay than a legal filing and should be thrown out.

By Bloomberg
ETF that bet on bitcoin has been surging
INVESTING ALTERNATIVES NOV 10, 2015
ETF that bet on bitcoin has been surging

ARK Investment Management says the capricious cryptocurrency is a buy in the wake of emerging market volatility

By Bloomberg
Michael Kitces breaks down the Social Security claiming changes
ADVISOR NEWS RETIREMENT PLANNING NOV 10, 2015
Michael Kitces breaks down the Social Security claiming changes

This matrix details who is affected and which strategies are altered.

By Ellie Zhu
House members poised to introduce bill to replace DOL fiduciary rule
ADVISOR NEWS REGULATION AND LEGISLATION NOV 10, 2015
House members poised to introduce bill to replace DOL fiduciary rule

Lawmakers released what they called &#8220;legislative principles&#8221; for retirement advisers, including acting in clients' best interests.

By Mark Schoeff Jr.