by
Karen DeMasters
Nearly half of all advisors are missing out on a lot of business they
could obtain by helping people roll over employer sponsored retirement
plan assets, says a new study.
by
Jeff Schlegel
If an SRO for RIAs is coming, the Committee for the Fiduciary Standard says an upstart SRO should be part of the discussion.
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 at least...
Standard & Poor's put a "negative" outlook on
the long-term U.S. AAA credit rating, citing a "material risk"
the nation's leaders will fail to deal with budget deficits and
debt.
The SEC has filed civil charges against a
Richmond, Va.-based advisor, accusing him and his companies of
orchestrating a $7.7 million offering fraud and Ponzi scheme.
by Mike Byrnes
Advisors who effectively use social networks have better online
results from Google, Yahoo! and Bing for their personal profile pages
than their own Web sites.
It's tax day in the U.S. and you could have had another
deduction if you had just agreed to host a foreign exchange student in
2010. Or gone whaling in Alaska.
More than 45% of U.S. households won't owe federal income taxes
for 2010. That stems from decades of tax cuts and, in the minds of some
Republican lawmakers, it's also a problem.
by Evan F. Cole
It is thought that if we control how advisors are paid then their ethics will
fall in line with the regulatory and publics' expectations and behave
in an ethical manner...
by
Wealthy female investors are wary of sales-driven financial advice, with
98% citing honesty and trustworthiness as key factors in selecting an
advisor.
by
Investment scammers are targeting their victims through social media and
Internet sites, and advisors should be on the lookout, according to the SEC.
Sarah Endline asked Golden Seeds, a group of mostly women angel
investors, to help contribute $1.5 million to expand her candy company...
by Charlie Stroller
One of the best things about cell phones is having a contact list. You
never have to remember a phone number...
by
The Certified Financial Planner Board of Standards has unveiled a new
public awareness campaign about CFP-certified advisors that will include prime-time television commercials.
Ex-FrontPoint Partners LLC portfolio manager Chip Skowron has been charged with conspiracy, securities fraud and obstruction as part of an insider-trading crackdown.
Jefferies Group Inc. agreed to pay about $2 million to resolve Finra claims that three employees failed to
disclose conflicts of interest while selling auction-rate securities.
President Barack Obama's call for raising taxes by focusing on spending
in the tax code was immediately rejected by top Republicans.
President Barack Obama is making his clearest pitch yet for an overhaul
of the entire U.S. tax code for individuals and businesses.
JPMorgan Chase & Co., the second- biggest U.S. bank by assets, said
profit rose 67% to a second straight record as provisions for bad
mortgages and credit-card loans tumbled.
Mutual fund companies looking to attract investor dollars are betting the magic words today are "absolute return."
