Industry News

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Cash the hot new commodity
NEWS INDUSTRY NEWS MAY 05, 2011
Cash the hot new commodity

Survey reveals investors planning to up holdings of greenbacks, reduce exposure to raw materials

By John Goff
Finra wants B-Ds to share info on revenue sharing
NEWS MUTUAL FUNDS MAY 05, 2011
Finra wants B-Ds to share info on revenue sharing

Proposal would require broker-dealers to publicly disclose information about shelf space payments from mutual funds

By Bloomberg
$100B commodities wipeout presents golden opportunity
NEWS INDUSTRY NEWS MAY 05, 2011
$100B commodities wipeout presents golden opportunity

Recent rout makes pricing more attractive; bears, bulls bicker over 'turning point'

By John Goff
NEWS INDUSTRY NEWS MAY 05, 2011
The price of tea in China — and what it means for your clients

Big trouble in the big country could whack portfolios closer to home

By John Goff
Home values plummet in last year — and worst not over
NEWS RETIREMENT PLANNING MAY 05, 2011
Home values plummet in last year — and worst not over

Despite a rebounding economy, the humber of 'underwater' mortgages in the U.S. now stands at a whopping 28%. And real estate analysts say there's more where that came from.

By John Goff
How high will gold go? Deutsche Bank offers astonishing prediction
NEWS INDUSTRY NEWS MAY 05, 2011
How high will gold go? Deutsche Bank offers astonishing prediction

Despite the recent sell-off in commodities, a Deutsche Bank analyst sees gold rising to an astonishing price over the next eight months. Advice: don't sell your fillings yet.

By John Goff
Ultra silver fund now ultra light after commodities selloff
NEWS INDUSTRY NEWS MAY 05, 2011
Ultra silver fund now ultra light after commodities selloff

Leveraged ETFs that invest in precious metals -- particularly silver -- have been all the rage the past few months. After yesterday's commodities panic, a different kind of rage may soon set in.

By John Goff
Some advisers warned clients about chasing commodities
NEWS PRACTICE MANAGEMENT MAY 05, 2011
Some advisers warned clients about chasing commodities

Some advisers warned their clients about chasing commodities. But even with Thursday's meltdown -- and the mercurial nature of precious metal prices -- some are telling their clients to stay the course.

By Dan Jamieson
Agro giants horn in on money management biz
NEWS INDUSTRY NEWS MAY 05, 2011
Agro giants horn in on money management biz

ADM, Cargil and others setting up commodities investment funds; know the business from the ground up

By John Goff
NEWS INDUSTRY NEWS MAY 05, 2011
'Chicken step' hybrid funds see record inflows

More money than ever is flowing to mutual funds that buy both stocks and bonds, a sign that individuals are starting to return to equities during the most volatile bull market since 1942

By Bloomberg
'Chicken step' hybrid funds see record inflows
NEWS INDUSTRY NEWS MAY 05, 2011
'Chicken step' hybrid funds see record inflows

Investors gingerly returning to equity markets, but still keen on capital preservation

By John Goff
Commodities euphoria about to turn to bummer?
NEWS INDUSTRY NEWS MAY 05, 2011
Commodities euphoria about to turn to bummer?

By any measure, Niall Ferguson is a very smart man. So why, giving persistent fears about inflation, is the famed financial historian suddenly advising investors to buy puts on commodities?

By Jessica Toonkel
More investors now think VAs are OK – but fees still a drag
NEWS LIFE INSURANCE AND ANNUITIES MAY 04, 2011
More investors now think VAs are OK – but fees still a drag

Investors are slowly warming up to variable annuities. They'd get even more excited if annual charges on the products were reduced.

By Lavonne Kuykendall
The unexpected can sabotage the best-laid retirement plans
NEWS RETIREMENT PLANNING MAY 03, 2011
The unexpected can sabotage the best-laid retirement plans

Advisers may have a sense on how to prepare for a retirement that's right on time, but an unexpected retirement due to illness or layoff can shake even the most stable plans.

By Darla Mercado
NEWS WIREHOUSES MAY 03, 2011
Retail-broker business enjoys rosy first quarter

First-quarter earnings at Wall Street firms with large financial adviser forces demonstrate that after two years of turmoil, the biggest players in the investment industry have righted themselves and are poised to build their businesses again

By Andrew Osterland
Krawcheck tabs Thiel to head Merrill brokerage
NEWS INDUSTRY NEWS MAY 03, 2011
Krawcheck tabs Thiel to head Merrill brokerage

It's been a while coming, but BofA wealth-mangement boss Sallie Krawcheck has finally chosen a successor to Merrill Lynch head Lyle LaMothe. No surprise, it's a Merrill veteran.

By John Goff
Tax planning: Clients don't ask, advisers don't tell
NEWS RIAS MAY 03, 2011
Tax planning: Clients don't ask, advisers don't tell

When it comes to taxes and tax planning, what we've got here is a failure to communicate

By Andrew Osterland
NEWS WIREHOUSES MAY 03, 2011
Back to the future: Wirehouse firms resurrect training

By Andrew Osterland
NEWS RIAS MAY 03, 2011
Nationwide plans VA that hits the bond button

In an attempt to buffer its variable annuity clients' accounts from market volatility, Nationwide Mutual Insurance Co. expects to launch a program that will shift funds into fixed-income investments when the stock markets dip

By Darla Mercado
NEWS LIFE INSURANCE AND ANNUITIES MAY 03, 2011
VA carriers kill some living benefits, raise fees

Insurers look to ramp up profits on variable annuities

By Darla Mercado