How far would you go to help a psychologically impaired client? This advisor went above and beyond.
by
Dorothy Hinchcliff
Charles A. Moran, CFP, a college professor and personal financial
services pioneer, has been named chair of the Board of Directors of the
CFP Board of Standards.
U.S.-investment dollars are flowing to emerging markets where economies
are booming and, in the eyes of some, the outlook for the local currency
is better.
by Andrew Gluck
TD Ameritrade becomes the first major custodian to open its database so it can integrate with virtually any software firm supporting RIAs.
by Chester C. Wright
Small RIA firms are a slowly dying breed, like one-of-a-kind
restaurants, independent cleaners and independent auto repair shops. In this world, the options are to sell or grow.
A new variable annuity will allow investors to build their portfolio by choosing subaccounts that invest in ETFs.
by
Karen DeMasters
In the age of e-mail, Twitter and Facebook, why do some financial advisors think it's important to open satellite offices?
A record number of Chinese companies are selling stock to U.S. investors, who should approach these deals with caution, especially in light of an SEC probe, says an investment group.
Investors who forget what they paid for shares of stock will get help
starting next year, courtesy of the IRS.
by
Ray Fazzi
Despite the sputtering U.S. economy, independent registered investment
advisors are apparently getting more upbeat about the economy, according to a new survey.
Some broker-dealers are ramping up their retirement income planning as recession-battered baby boomers turn to them for help.
Bank of America Corp. won a court order temporarily blocking four
former employees from using and sharing the bank's client records at
their new employer, Dynasty Financial Partners.
by Larry Swedroe
A study recently said the No. 1 fear that mid- to late-career investors had was getting ripped off by their advisor...
by
Ray Fazzi
A former Citigroup executive lured away a top Bank of
America Corp. financial advisor with $5.9 billion in client assets to join a firm for independent advisors.
State Street Corp. said it will cut
1,400 jobs beginning this week and trim real estate costs as interest
rates near zero erode profit. Barclays also is preparing to eliminate jobs, sources say.
by
Karen DeMasters
The SEC has revoked the registration of a
Florida RIA that it says used a Ponzi scheme
to defraud federal and state government workers of at least $34
million.
by
Karen DeMasters
An advisory group that earlier this year left Morgan Stanley Smith
Barney has joined HighTower Advisors, a high-flying independent RIA and
broker-dealer based in Chicago.
As financial advisors increase their use of ETFs, money
managers are moving further into the low-cost arena, laying the
groundwork to launch additional active and passive funds.
by
Karen DeMasters
The SEC may continue to examine
some RIAs that are being officially transferred to
state jurisdiction--at least for awhile, according to the SEC's
compliance office.
