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RETIREMENT PLANNING AUG 11, 2015
Lessons from Social Security's 80-year history

The program's anniversary underscores its crucial role in retirement security.

By Mary Beth Franklin
INDUSTRY NEWS AUG 11, 2015
Would you pay $760 for a bottle of Jay Z's new all-pinot champagne?

Taste testing the newest bubbly from the Armand de Brignac “Ace of Spades” Champagne line, which will hit stores in October.

By Bloomberg
Envestnet acquires data-analytics and account-aggregation company Yodlee
FINTECH AUG 11, 2015
Envestnet acquires data-analytics and account-aggregation company Yodlee

This marks the wealth management software and service provider's third acquisition so far this year as it builds out its suite of tech offerings for advisers.

By Alessandra Malito
DOL to launch marathon of hearings on fiduciary rule
RETIREMENT PLANNING AUG 11, 2015
DOL to launch marathon of hearings on fiduciary rule

The four-day event, featuring 75 witnesses from all sides of the debate testifying on panels together, could get heated.

By Mark Schoeff Jr.
SEC commissioner: DOL fiduciary rule would create 'a mess'
RETIREMENT PLANNING AUG 11, 2015
SEC commissioner: DOL fiduciary rule would create 'a mess'

Daniel Gallagher Jr. says the agency should stand down and not finalize rulemaking.

By Mark Schoeff Jr.
CFP Board: Judge's ruling validates our rights to protect the public
REGULATION AND LEGISLATION AUG 11, 2015
CFP Board: Judge's ruling validates our rights to protect the public

Chairman Richard P. Rojeck explains the Board's disciplinary process and questions why a judge who is not a CFP would be better able to interpret its rules and evaluate the evidence.

By Richard P. Rojeck
SEC denies active ETF proposal as NextShares launches salvo against competitors
ETFS AUG 11, 2015
SEC denies active ETF proposal as NextShares launches salvo against competitors

Eaton Vance looks to win the "VHS/Betamax war" for the future of actively managed investments.

By Trevor Hunnicutt
Advisers say China drop isn't done yet, but calm clients on the downslide
EMERGING MARKETS AUG 11, 2015
Advisers say China drop isn't done yet, but calm clients on the downslide

It's premature to think Chinese stocks are over the worst, but investing for the long term changes the picture.

By Liz Skinner
Cyber criminals getting more aggressive and devious
FINTECH AUG 11, 2015
Cyber criminals getting more aggressive and devious

No matter how well you know your clients, don't shortcut security procedures.

By Sheryl Rowling
RIAS AUG 11, 2015
SEC works on rule requiring practice transition plans

The regulator wants advisers to develop continuity plans to avoid major disruptions to clients and markets.

By Mark Schoeff Jr.
RETIREMENT PLANNING AUG 10, 2015
Retirement tradeoff: Delaying Social Security may increase Medicare costs

There is reason to worry about impact of file-and-suspend strategy on 2016 health-care premiums.

By Mary Beth Franklin
DoubleLine's Jeffrey Gundlach says $40 oil is something to worry about
EQUITIES AUG 10, 2015
DoubleLine's Jeffrey Gundlach says $40 oil is something to worry about

<i>Breakfast with Benjamin</i> DoubleLine's Jeffrey Gundlach believes $40 oil is something investors should be worried about.

By Jeff Benjamin
While DOL hearings stay civil, Twitter gets rowdy
REGULATION AND LEGISLATION AUG 10, 2015
While DOL hearings stay civil, Twitter gets rowdy

Tweets from around the industry tell the tale of the battle for and against a fiduciary standard for brokers.

By CNELSON
Facebook stock-fraud venture lands fund manager in hot water
EQUITIES AUG 10, 2015
Facebook stock-fraud venture lands fund manager in hot water

<i>Breakfast with Benjamin</i>: Tampa-based fund manager to plead guilty to investment fraud in relation to $9M worth of Facebook stock he purchased then sold and was caught short when the stock price rebounded.

By Jeff Benjamin
Envestnet deal puts personal financial data aggregation center stage
FINTECH AUG 10, 2015
Envestnet deal puts personal financial data aggregation center stage

With the firm's latest acquisition of Yodlee, advisers are reminded to take advantage of big data in clients' accounts.

By Alessandra Malito
INDUSTRY NEWS AUG 10, 2015
Now may be the time to buy a case of Château Lafite

The legendary winery saw its vintages soar in prices over the past decade, but now prices are sinking. Is this your chance?

By Bloomberg
INDUSTRY NEWS AUG 10, 2015
Tools for legacy planning to help clients — and hold on to their inheritors

Leave a lasting impression by ensuring clients' wishes span the generations.

By Liz Skinner
RETIREMENT PLANNING AUG 10, 2015
Look how much your peers are saving for retirement

How much progress have you made? 401(k) plans put on the pressure.

By Bloomberg
MUTUAL FUNDS AUG 10, 2015
State Farm hit with excessive fees suit over target date funds

Plaintiffs accuse firm of receiving almost half of the management fees while a sub-adviser did most of the work.

By Mason Braswell
How to manage fixed income in client portfolios
FIXED INCOME AUG 10, 2015
How to manage fixed income in client portfolios

Rising interest rates? Greece? Today's markets present a volatile picture for fixed-income investors. Here's advice on how to navigate it all.

By Alan Hart