Industry News

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NEWS INDUSTRY NEWS FEB 28, 2012
Grantham: Capitalism has no sense of ethics or conscience

By Jeremy Grantham
NEWS RIAS FEB 28, 2012
Merrill team jumps ship, signs with Focus Financial

By Andrew Osterland
NEWS RETIREMENT PLANNING FEB 28, 2012
Cheaper mortgages offer planning opportunity

By Darla Mercado
Note to clients: Why state school may be the smart bet
NEWS RETIREMENT PLANNING FEB 28, 2012
Note to clients: Why state school may be the smart bet

Skyrocketing costs of private schools has advisers telling clients to consider less-prestigious -- and less expensive -- colleges for their kids

By Bloomberg
NEWS RIAS FEB 28, 2012
Fed's low-interest-rate policy is a threat

Whether the Federal Reserve's plan to keep interest rates near zero for a protracted period of time will encourage the business sector to expand is open to debate.

By MFXFeeder
TD's Bradley: Volatility ups value of adviser
NEWS RIAS FEB 28, 2012
TD's Bradley: Volatility ups value of adviser

Cool-headed thinking most needed during market gyrations; options one way to take advantage

By Bloomberg
Oros bolts TCA to head up RIA sales for Fidelity
NEWS RIAS FEB 28, 2012
Oros bolts TCA to head up RIA sales for Fidelity

Industry veteran will oversee sales, relationship management

By Bloomberg
NEWS WIREHOUSES FEB 28, 2012
'Wall Street' sequel taps brokerage executive to bring '80s back to life

The door from the trading floor to the chief executive's office opens, and before it can close, the voice of a broker working the phones is heard, using a line that could have been lifted from the Shearson Lehman playbook of the go-go 1980s.

By Bruce Kelly
NEWS EMERGING MARKETS FEB 27, 2012
U.S. value buyers find gold in Europe's battered equities

By Dan Jamieson
NEWS INDUSTRY NEWS FEB 27, 2012
Graham disciple and Buffett favorite dead at 95

By Bloomberg
Merrill bias suit gains class action status
NEWS INDUSTRY NEWS FEB 27, 2012
Merrill bias suit gains class action status

Suit filed by broker in 2005 lives after appeals court reversal

By Andrew Osterland
NEWS INDUSTRY NEWS FEB 27, 2012
Smooth sailing now, but still plenty of head winds for U.S. economy: Morningstar

Expiring tax cuts, divided Congress and a hard landing in China among the chief worries

By Jeff Benjamin
NEWS REGULATION AND LEGISLATION FEB 27, 2012
Obama to the rich: Time to ante up

By Liz Skinner
NEWS INDUSTRY NEWS FEB 27, 2012
Markets hang in, despite Greek woes

By Jeff Benjamin
Commodities are now mainstream: Survey
NEWS INDUSTRY NEWS FEB 27, 2012
Commodities are now mainstream: Survey

With a a third of broker reps and indie advisers allocating to precious metals, commodities are now mainstream

By Jeff Benjamin
Investors paying through the nose for Pimco closed-end funds
NEWS INDUSTRY NEWS FEB 27, 2012
Investors paying through the nose for Pimco closed-end funds

Debt funds trading at steep premium; 11.5% hard to pass up

By John Goff
With mild weather this year, it's been all downhill for ex-Merrill brokerage exec
NEWS INDUSTRY NEWS FEB 27, 2012
With mild weather this year, it's been all downhill for ex-Merrill brokerage exec

Business at Win Smith's Vermont ski resort off 15%; 'very much like my old world'

By John Goff
Treasury's lifetime-income proposals lean heavy on education
NEWS RETIREMENT PLANNING FEB 27, 2012
Treasury's lifetime-income proposals lean heavy on education

Observers find proposals to be well intended, but say workers have a lot to learn on annuities

By Bloomberg
NEWS BROKER DEALERS FEB 27, 2012
Broker-dealer's parent gets its stock out of hock from a pawn shop

By Bloomberg
NEWS INDUSTRY NEWS FEB 27, 2012
Jeffrey Saut: Why it's a mistake to be too bearish

The turtle makes no progress until it sticks its neck out; I have been sticking my neck out since Thanksgiving, believing the Santa rally was beginning.

By Jeffrey D. Saut