FA News

SEC May Deregister Advisors Under $50M

   The Securities and Exchange Commission is considering increasing the threshold that determines whether a Registered Investment Advisor is regulated by the SEC or state securities...

Fidelity RIA Group Gets New Prez

   A 15-year Fidelity veteran will take over as head of the company's RIA group...

New Portfolios Combine SRI, Indexing

    Progressive Asset Management is launching a group of investments that's designed to bring benchmark indexes into the area of socially responsible investing...

BlackRock Buys Merrill Lynch Asset Management

    BlackRock Inc. announced it has completed its acquisition of Merrill Lynch Investment Managers, creating a unit with more than $1 trillion in assets under management...

Lawyers: Bankruptcy Reform A Failure

    Nearly a year into the federal government's overhaul of the nation's bankruptcy laws, attorneys say the changes have done more harm than good...

CFP Board CEO Teslik Resigns

   Sarah Ball Teslik has resigned as CEO of the Certified Financial Planner Board of Standards to assume a policy position in the private sector, the board announced...

Rydex Offers Alternative Strategies To Mainstream

   Memo to financial advisors and wealth managers: According to Rydex Investments, investors can manage risk and maximize portfolio returns in the same way major institutions do...

FPA Asks Court To Vacate Exemption Rule

   The U.S. Court of Appeals in Washington, D.C...

Financial Advisor Symposium Draws More Than 1,000 Advisors

    More than 1,000 advisors visited the 9th Annual Chicago Financial Advisor Symposium (FAS), which wrapped up last week with a keynote address from the legendary John Bogle,...

Money Managers See Economic Slump, No Recession

   Money managers expect the economy to slow down or remain flat over the next year, but they don't think the slump will lead to a recession, according to a new report...

FPA Gives Out 'Heart' Awards

   The Financial Planning Association (FPA) has announced the winners of its Heart of Financial Planning Distinguished Service Awards-a new award that recognizes planners who...

FPA Blasts CFP Ethics Proposal

   The Financial Planning Association (FPA) has stepped up its opposition to the CFP Board's proposed ethics code changes, with FPA President Daniel B...

MoneyGuidePro Releases 'Boomer' Edition

   PIE Technologies Inc. announced today the release of an upgrade to MoneyGuidePro, their popular comprehensive, online financial planning solution...

Skip Viragh Award Goes To Evensky And Hopewell

   Harold Evensky and Lynn Hopewell were named the joint recipients of this year's Skip Viragh Award, which is to be presented at the Financial Advisor Symposium in Chicago on...

Advisors Unimpressed By Planning Software

   Financial planning software has yet to win over the bulk of advisors, with many of them feeling today's products are "just OK," according to a new study...

TD Ameritrade Looks To Educate Investors

   As one of the outspoken critics of the SEC rule that exempts fee-based brokerage services from Advisers Act regulation, TD Ameritrade Institutional has argued the rule confuses...

EISI Changes Executive Team

   Emerging Information Systems Inc...

Portfolio Systems Offers Intuit Users Discount

   Portfolio Systems Inc. is offering discounted training and technical support to those impacted by Intuit's exit from portfolio management...

Intuit Scraps PortfolioMinder

   Almost seven months to the day after announcing the release of PortfolioMinder, their new low cost, Web-based portfolio management service, Intuit will today announce plans to...

AdviceAmerica Launches Retirement Income Edition

    AdviceAmerica, Inc., a Fremont, Calif...