RIA News

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Calamos Investments patriarch gives up CEO title
RIA NEWS MAR 17, 2016
Calamos Investments patriarch gives up CEO title

John Calamos Sr. will relinquish the CEO title next month after struggling for two years to reverse a decline in the company's business and stock price.

By Crain's Chicago Business
RETIREMENT PLANNING MAR 17, 2016
Some taxpayers will pay more for online, do-it-yourself preparation

Having more willpower early in the season could save a few bucks.

By Bloomberg
Commodity, energy investment funds on a comeback
ALTERNATIVES MAR 17, 2016
Commodity, energy investment funds on a comeback

Long-suffering energy limited partnership funds, for example, have leaped 21.46% the past 30 days.

By John Waggoner
Mass confusion over new Social Security rules
RETIREMENT PLANNING MAR 17, 2016
Mass confusion over new Social Security rules

April 29 deadline applies only to file-and-suspend strategy, not spousal benefits.

By Mary Beth Franklin
Vanguard rolls out funds with 0.01% expense ratio
EQUITIES MAR 17, 2016
Vanguard rolls out funds with 0.01% expense ratio

The minimum investment is $5 billion for the stock fund, and $3 billion for the bond fund.

By John Waggoner
RIA NEWS MAR 16, 2016
Wells Fargo warns wealth clients to watch out for energy MLP squeeze

Investors advised to weed out quality master limited partnerships in commodities slump shakeout

By Christine Idzelis
Why bigger isn't better when buying a house
RETIREMENT PLANNING MAR 16, 2016
Why bigger isn't better when buying a house

There's plenty of evidence that it's not a great investment — and may even be a bad one in a recession.

By John Waggoner
Why bigger isn't better when buying a house
RIA NEWS MAR 16, 2016
Why bigger isn't better when buying a house

There's plenty of evidence that a big house is not a great investment — and may even be a bad one in a recession.

By John Waggoner
RETIREMENT PLANNING MAR 16, 2016
Historical timeline of fiduciary duty for financial advice

By Mark Schoeff Jr.
DOL fiduciary rule is spurring technology adoption and innovation: Cerulli report
FINTECH MAR 16, 2016
DOL fiduciary rule is spurring technology adoption and innovation: Cerulli report

Advisers won't have a choice when it comes to picking up new tech to serve smaller accounts.

By Alessandra Malito
REGULATION, LEGAL & COMPLIANCE MAR 16, 2016
Supreme Court nominee Merrick Garland part of judicial panel that struck down 'Merrill Lynch rule'

By Christine Idzelis
House Speaker Paul Ryan becomes leading opponent of DOL fiduciary rule
REGULATION, LEGAL & COMPLIANCE MAR 16, 2016
House Speaker Paul Ryan becomes leading opponent of DOL fiduciary rule

House Speaker Paul Ryan has charged into the debate in the last few weeks with arguments echoing those of the financial industry.

By Mark Schoeff Jr.
REGULATION, LEGAL & COMPLIANCE MAR 16, 2016
Investors owed millions in arbitration awards getting stiffed, lawyer group says

PIABA wants Finra to create a national recovery pool funded by brokerages.

By Christine Idzelis
LPL eyes more fee-based variable annuities as fiduciary rule looms
RETIREMENT PLANNING MAR 16, 2016
LPL eyes more fee-based variable annuities as fiduciary rule looms

Distribution of more variable annuities in an advisory rather than commission environment could play out as a result of Labor Department regulation.

By Greg Iacurci
EQUITIES MAR 16, 2016
We might all be better off if more women were managing money

<i>Breakfast with Benjamin</i> If the data is correct, women's investment returns have been trouncing men's for nearly a decade.

By Jeff Benjamin
EQUITIES MAR 15, 2016
IRS to March Madness office pool players: Gambling winnings are taxable

<i>Breakfast with Benjamin</i> An estimated 70 million Americans will wager $9.2 billion this year through March Madness office pools, but keep in mind that any winnings are taxable.

By Jeff Benjamin
When and how to part ways with your financial adviser
RIA NEWS MAR 15, 2016
When and how to part ways with your financial adviser

If your adviser has lied to you or misrepresented fees or investments, you end it, period.

By Bloomberg
EQUITIES MAR 15, 2016
Advisers who ignore ETFs are missing out on the product evolution, and so are their clients

Plus: El-Erian's gloomy forecast, what it will take to save Social Security, and it's time to start taking cannabis investing seriously

By Jeff Benjamin
SEC sues muni adviser for undisclosed fees under new rules
REGULATION, LEGAL & COMPLIANCE MAR 15, 2016
SEC sues muni adviser for undisclosed fees under new rules

The U.S. Securities and Exchange Commission for the first time acted to enforce new rules placed on state and local government financial advisers, alleging that a Kansas firm breached its fiduciary duty by reaping undisclosed fees from the underwriter of its client's bond offerings.

By Bloomberg
RETIREMENT PLANNING MAR 15, 2016
Perez tries to win over Democrats skeptical of DOL fiduciary rule

With the Labor Department's fiduciary rule closing in on finalization, some lawmakers still question potential costs of implementing the measure.

By Mark Schoeff Jr.