Industry News

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House extends 3.4% student loan rate, but Dems won't support how
NEWS INDUSTRY NEWS MAY 08, 2012
House extends 3.4% student loan rate, but Dems won't support how

GOP wants to sap health care funds to pay the $5.9 billion to freeze a hike in Stafford loan rate; Dems want to end tax breaks for big oil

By Liz Skinner
Advisers, pay attention to House SRO bill — even though Senate may not
NEWS RIAS MAY 08, 2012
Advisers, pay attention to House SRO bill — even though Senate may not

Push for self-regulator for investment advisers could pick up momentum in the lower chamber

By Mark Schoeff Jr.
NEWS EQUITIES MAY 08, 2012
A look at Litman Gregory's balanced portfolio

By Paul Menchaca
MedCap-selling broker charged with fraud
NEWS REGULATION AND LEGISLATION MAY 08, 2012
MedCap-selling broker charged with fraud

A Colorado man faces nine counts of securities fraud related to the sale of Medical Capital notes

By Bruce Kelly
Clients: So many investment products, so little understanding
NEWS RIAS MAY 07, 2012
Clients: So many investment products, so little understanding

Survey reveals investors confused by crush of options – and not sure what they are

By Liz Skinner
NEWS RETIREMENT PLANNING MAY 07, 2012
Start now with end-of-life discussions: Expert

Advisers can fill void left by doctors, lawyers; living wills, DNRs crucial

By cmollison
NEWS RIAS MAY 07, 2012
Introducing yourself to young clients

By Cam Marston
NEWS RIAS MAY 07, 2012
As safety net shrinks, medical costs will grow

By MFXFeeder
NEWS RETIREMENT PLANNING MAY 07, 2012
Seven retirement questions to ask

By Darla Mercado
Birinyi: Do not sell in May and go away
NEWS INDUSTRY NEWS MAY 07, 2012
Birinyi: Do not sell in May and go away

Despite massive mutual fund outflows -- and conventional wisdom about the markets in the summer -- famed stock picker Lazlo Birinyi says investors are making a mistake if they sell in May and go away.

By John Goff
Merrill: Ex-brokers gave up right to stock when they left brokerage
NEWS WIREHOUSES MAY 07, 2012
Merrill: Ex-brokers gave up right to stock when they left brokerage

Dispute claims of reps who left after BofA merger

By AOSTERLAND
Social Security will be tapped out sooner than expected, warn Trustees
NEWS RETIREMENT PLANNING MAY 07, 2012
Social Security will be tapped out sooner than expected, warn Trustees

Program costs of Trust Funds to exceed non-interest income this year; well runs dry by 2033

By Darla Mercado
The lady or the tiger? Goldman likes stocks, Morgan Stanley senses danger
NEWS INDUSTRY NEWS MAY 07, 2012
The lady or the tiger? Goldman likes stocks, Morgan Stanley senses danger

Right now, views on the market are as divided as can be. Example: Goldman Sachs says equities offer a once-in-a-lifetime buying opportunity. But Morgan Stanley says low interest rates signal the recovery is still not back on track -- and sees danger ahead for stocks.

By John Goff
Ex-Merrill execs hope to get mileage out of hybrid model
NEWS WIREHOUSES MAY 07, 2012
Ex-Merrill execs hope to get mileage out of hybrid model

Mooney, Morris launch Snowden Capital Advisors; counting on word of mouth to attract advisers

By DJAMIESON
After bailing on annuities, The Hartford looks to pump up its mutual funds
NEWS RETIREMENT PLANNING MAY 07, 2012
After bailing on annuities, The Hartford looks to pump up its mutual funds

Insurer sees big room for growth in fund world; relocating, bulking up sales force

By JKEPHART
NEWS MUTUAL FUNDS MAY 06, 2012
Invesco shakes up its distribution team

Combining U.S. retail sales with marketing, product management, global ETF groups

By JKEPHART
Exec at broker-breaking MedCap to be sentenced for fraud
NEWS REGULATION AND LEGISLATION MAY 06, 2012
Exec at broker-breaking MedCap to be sentenced for fraud

Ponzi scheme wiped out almost $1B in investor money

By Bruce Kelly
NEWS INDUSTRY NEWS MAY 06, 2012
Money-related stress leads to depression: Study

By JKEPHART
NEWS RIAS MAY 06, 2012
L.A. area RIA snags team of Wells Fargo advisers

By AOSTERLAND
NEWS FINTECH MAY 06, 2012
Social media is evolving by the day

By Janowski Davis