Industry News

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NEWS PRACTICE MANAGEMENT AUG 16, 2011
Social media: Look before leaping

It's an exciting time in our industry as we move into the era of social communications and online networking

By Stephanie Sammons
401(k) holders who bailed on stocks in 2008 made out worse: Fidelity
NEWS RETIREMENT PLANNING AUG 15, 2011
401(k) holders who bailed on stocks in 2008 made out worse: Fidelity

Fund firm says staying the course works; investors' resolve tested sorely this week

By John Goff
NEWS INDUSTRY NEWS AUG 15, 2011
Broker-dealers brace for lower trading volumes

In the wake of last week's fear-inducing market tumult, small and midsize broker-dealers are bracing for reduced trading volumes in the months ahead, which will squeeze already tight margins and could push some out of business.

By Bruce Kelly
NEWS INDUSTRY NEWS AUG 15, 2011
Volatility: How separately managed accounts were effected

The domestic-equity markets were extremely volatile during the second quarter, particularly in June.

By Nathan Behan, senior investment analyst, Prima Capital
Volatility: Now the one certainty in this uncertain market
NEWS INDUSTRY NEWS AUG 15, 2011
Volatility: Now the one certainty in this uncertain market

In the wake of the <a href=http://www.investmentnews.com/article/20110804/FREE/110809928>worst one-day stock market decline since 2008</a>, analysts and advisers are mixed on where the markets and economy go from here. But one thing is certain: Brace yourself for increased volatility

By Jeff Benjamin
RIAs moving to fees — but will clients move with them?
NEWS RIAS AUG 15, 2011
RIAs moving to fees — but will clients move with them?

Clear explanation will help ease fears, says analyst; still, some clients reluctant to pay for advice

By Lavonne Kuykendall
NEWS INDUSTRY NEWS AUG 15, 2011
Private-equity funds seek indie B-Ds

By Bruce Kelly
J.P. Morgan to manage investments, distribute N.Y.'s adviser-sold 529 plan
NEWS RIAS AUG 15, 2011
J.P. Morgan to manage investments, distribute N.Y.'s adviser-sold 529 plan

J.P. Morgan Asset Management will replace Columbia Management Group as investment manager for New York's $1.9 billion adviser-sold college savings plan

By Liz Skinner
Fee vs. commission: No doubt which investors prefer
NEWS INDUSTRY NEWS AUG 15, 2011
Fee vs. commission: No doubt which investors prefer

A new survey by Cerulli Associates asked investors whether they prefer paying fees or commissions to their advisers. The result? It wasn't even close.

By John Goff
NEWS RETIREMENT PLANNING AUG 15, 2011
Sun better than a 529 plan? Don't scoff

By John Goff
Hedge funds limited losses in first half of August
NEWS ALTERNATIVES AUG 14, 2011
Hedge funds limited losses in first half of August

Through the first two weeks of the month, while the S&amp;P 500 Index fell by 13.2%, the Dow Jones Credit Suisse Core Hedge Fund Index was down 3.7%.

By Jeff Benjamin
NEWS INDUSTRY NEWS AUG 14, 2011
Special report: The top-performing SMAs (2Q 2011)

Volatility is the name of the game in today's markets.

By Mark Bruno
NEWS LIFE INSURANCE AND ANNUITIES AUG 14, 2011
Insurers on more solid footing this time

By Darla Mercado
NEWS INDUSTRY NEWS AUG 14, 2011
Comic relief: A new approach to reviving Carnegie's wisdom

Although Napoleon Hill has been dead for more than 40 years, his popular wealth-building book has found a hip new outlet.

By Liz Skinner
Money funds get $38B deposits after debt-ceiling deal
NEWS LIFE INSURANCE AND ANNUITIES AUG 12, 2011
Money funds get $38B deposits after debt-ceiling deal

Money-market mutual funds took in $24.9 billion yesterday, bouncing back from their second-worst week of withdrawals, as investors unsettled by the debate over raising the U.S. debt ceiling returned to the market.

By Doug Cubberley
NEWS RIAS AUG 12, 2011
Finalists announced for 2011 Community Leadership Awards

The awards, which will be presented Sept. 14, honor financial advisers who make a difference in their communities.

By Deborah Nason
IRS to build database of regulated tax preparers
NEWS RIAS AUG 12, 2011
IRS to build database of regulated tax preparers

Taxpayers will be able to examine the qualifications of paid tax-return preparers in a database being built by the IRS that may be available as soon as 2013.

By Doug Cubberley
NEWS LIFE INSURANCE AND ANNUITIES AUG 12, 2011
Ratings drop for U.S. won't hurt insurers, Moody's says

Four major life insurers with pristine Aaa ratings are likely to hold on to their status, provided that the United States' government bond rating doesn't fall by more than one rung

By Darla Mercado
NEWS INDUSTRY NEWS AUG 12, 2011
Small foundations eye donor-advised funds

Donor-advised funds are benefiting from small family foundations' closing or suffering drops in endowment assets as the costs and administrative burden of running the foundations have become too great

By Liz Skinner
NEWS EMERGING MARKETS AUG 12, 2011
Peter Schiff: The rise of the barter economy

Imagine a day when you go to buy a quart of milk, ask the price, and the cashier says, &quot;that'll be a tenth ounce silver.&quot; As the US dollar's decline accelerates, several efforts around the country are trying to make this vision a reality.

By Mark Bruno