Industry News

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NEWS INDUSTRY NEWS DEC 20, 2011
Why Morgan Stanley Smith Barney has turned 'decisively' bearish

The risk of recession in the US and the rest of the developed world has grown significantly in recent weeks, so we are adopting an overweight position in safe havens and an underweight position in risk assets.

By Mark Bruno
Judge kills Pru motion to toss death benefit suits
NEWS LIFE INSURANCE AND ANNUITIES DEC 20, 2011
Judge kills Pru motion to toss death benefit suits

Carrier being sued for allegedly retaining life insurance payouts, pocketing the float

By Darla Mercado
NEWS LIFE INSURANCE AND ANNUITIES DEC 20, 2011
States' probe of death benefit payouts could spawn regs

A continuing three-year, 35-state investigation into the practices by which life insurers pay death benefits may spawn more-stringent requirements for locating beneficiaries

By Darla Mercado
NEWS RIAS DEC 19, 2011
The 10 videos advisers watched most in 2011

Financial advisers have begun to incorporate video into their marketing as a key client communication and business development tool.

By Mark Bruno
NEWS WIREHOUSES DEC 19, 2011
Smith Barney may disappear the old-fashioned way

Like E.F. Hutton, PaineWebber and Dean Witter, the venerable name of Smith Barney is likely to be relegated to the ash heap of Wall Street history

By Andrew Osterland
Crisis panel verdict: 'Twas booty killed The Street
NEWS WIREHOUSES DEC 19, 2011
Crisis panel verdict: 'Twas booty killed The Street

Whopping bonuses, exorbitant salaries encouraged risk-taking, leverage; 'poachers better paid than the game-keepers'

By John Goff
NEWS INDUSTRY NEWS DEC 18, 2011
Shlomo Benartzi: What makes people tick? He probably has an idea

Shlomo Benartzi has always had a knack for figuring out what motivates people. For example, when he was in elementary school in Israel, he quickly figured out how to escape the boredom of a typical math class.

By Elizabeth MacBride
NEWS RIAS DEC 18, 2011
Rudy Adolf: The focus driving Focus

Rudy Adolf said he became convinced that RIAs were the future of the investment management business back in the late 1990s, when he was running a traditional brokerage firm.

By Lavonne Kuykendall
NEWS RIAS DEC 18, 2011
The Power 20

Which individuals will have the greatest impact on financial advisers and the overall industry in 2012? InvestmentNews highlights the 20 most powerful people of 2012, according to our editors and reporters.

By Mark Bruno
NEWS FINTECH DEC 18, 2011
Darren Tedesco: Driving Commonwealth's 'intuitive' tech

No matter how you slice the data, Commonwealth Financial Network LLP comes out as one of the top independent broker-dealers in the nation — and a big part of that success has been its technology.

By Davis Janowski
NEWS INDUSTRY NEWS DEC 18, 2011
Tea Party/OWS: Protest to shape election

One moviement is highly organized and bent on getting people elected who share its conservative beliefs.

By Darla Mercado
NEWS INDUSTRY NEWS DEC 18, 2011
Angela Merkel: 'The lady with the checkbook'

As leaders of Europe's linchpin economy, German Chancellor Angela Merkel holds the fate of the global economy in her hands.

By Bloomberg
NEWS RIAS DEC 18, 2011
Congress is no place for insider trading

By InvestmentNews
NEWS RIAS DEC 16, 2011
Double your pleasure

Investment advisers don't seem thrilled by the prospect of switching from SEC oversight to an SRO -- particularly if that SRO is Finra. Now comes word that advisory firms might pay twice as much in fees if Finra were to take the reins from the Commission. (photo: lobstar28)<br> <b>EXTRA</b> <a href=http://www.investmentnews.com/apps/pbcs.dll/gallery?Site=CI&amp;Date=20111202&amp;Category=FREE&amp;ArtNo=120209999&amp;Ref=PH>The secrets of less-successful advisers &amp;raquo;</a>

By John Goff
Affluent anxious about retirement, too, Wells Fargo finds
NEWS RETIREMENT PLANNING DEC 16, 2011
Affluent anxious about retirement, too, Wells Fargo finds

Affluent investors are just as anxious about having enough money to retire as everyone else.

By Evan Cooper
NEWS RIAS DEC 16, 2011
Be prepared for a tougher SEC

The Securities and Exchange Commission has blundered badly in the past decade, missing several major scandals, including the Enron fraud and the Madoff Ponzi scheme. Most recently, its proposed settlement with Citigroup Inc. was rejected by a federal judge.

By MFXFeeder
Forget the frankincense and myrrh, gold hoard hits record level
NEWS INDUSTRY NEWS DEC 16, 2011
Forget the frankincense and myrrh, gold hoard hits record level

Most analysts see no end in sight to rise in price of bullion; copper's a different story

By Bloomberg
NEWS INDUSTRY NEWS DEC 16, 2011
Fund companies expand menus amid flight from stocks

Investors' wariness of equities is prompting some mutual fund companies to expand their menu of offerings to include more bonds and alternative investments

By Jessica Toonkel
Morningstar cuts ratings on DWS, Schwab target date series
NEWS RETIREMENT PLANNING DEC 16, 2011
Morningstar cuts ratings on DWS, Schwab target date series

Cites lack of performance at LifeCompass, lack of continuity at Schwab Target

By Darla Mercado
NEWS INDUSTRY NEWS DEC 16, 2011
What the European debt crisis may mean for U.S. financial advisers

In addition to concerns about their own nation's financial situation, many Americans are worried that Europe's debt woes will spill onto U.S. shores

By Asoka Woehrmann