Industry News

Displaying 34247 results
NEWS RETIREMENT PLANNING SEP 23, 2009
Financial adviser jumps into race for U.S. Senate seat

A financial adviser from northwest Arkansas said he's seeking the Republican nomination to challenge Democratic U.S. Sen. Blanche Lincoln, joining an increasingly crowded field of GOP hopefuls.

NEWS INDUSTRY NEWS SEP 22, 2009
Rebound in commodities carries stocks higher

Stocks rose in morning trading Tuesday as commodities rebounded ahead of the Federal Reserve's meeting on interest rates.

NEWS INDUSTRY NEWS SEP 22, 2009
Goldman Sachs' earnings estimates raised

NEWS INDUSTRY NEWS SEP 21, 2009
Approaching consensus: Gurus say the recession is over

The performance of the Dow Jones Industrial Average —up 12% for all of 2009—and other broad market indicators, are evidence that the recession is over and normalcy is returning to both the stock market and the economy, according to some industry experts.

NEWS LIFE INSURANCE AND ANNUITIES SEP 21, 2009
Panelists at IRI offer strategies for advisers to distinguish themselves from their peers

Client-centric marketing tactics and a more emotional approach are key to financial advisers' efforts to distinguish themselves from their competition, a tele-savvy adviser said today at the Insured Retirement Institute's annual conference in Boston.

NEWS INDUSTRY NEWS SEP 21, 2009
Top B-D exec at ING Advisors Network exits amid sale speculation

Another key executive with the ING Advisors Network Inc. has stepped down, as the network's parent, ING Groep NV, continues an evaluation of the broker-dealers that could lead to their sale.

NEWS INDUSTRY NEWS SEP 21, 2009
Gold will hit $1,200 an ounce, Midas precious metals fund manager predicts

The rise in the price of gold is only getting started, according to Thomas Winmill, president of Midas Management Corp. and manager of the $115 million Midas Fund.

NEWS LIFE INSURANCE AND ANNUITIES SEP 21, 2009
Axa executive replaces LPL honcho as chairman of the Insured Retirement Institute

The Insured Retirement Institute today chose James A. Shepherdson, executive vice president of Axa Equitable, as the group's chairman.

NEWS INDUSTRY NEWS SEP 21, 2009
Obama outlines economic initiatives in New York visit

President Barack Obama, squeezing in a pitch for his domestic agenda, is promoting his administration's promises of innovation at a New York community college before weeklong meetings on international priorities.

NEWS LIFE INSURANCE AND ANNUITIES SEP 21, 2009
Marsh & McLennan extends CEO Duperreault's contract

Insurance broker and consulting firm Marsh & McLennan Cos. said Monday that it will extend President and CEO Brian Duperreault's contract an additional three years to Jan. 29, 2014.

NEWS INDUSTRY NEWS SEP 20, 2009
Al Frank Asset Management buys Innealta

Al Frank Asset Management Inc. today announced it has acquired Innealta Portfolio Advisors LLC, a quantitative asset management firm specializing in the creation and tactical management of exchange-traded fund portfolios.

NEWS MUTUAL FUNDS SEP 20, 2009
William Danoff

Not many mutual fund managers have a 19-year tenure on a fund, and only a handful of them were able to outperform their peers in all three major bear markets of the past two decades.

NEWS RIAS SEP 20, 2009
Rockefeller CEO's death is an apparent suicide

James McDonald, president and chief executive of Rockefeller & Co. Inc., one of the country's largest multifamily of-fices, died on Sept. 13.

NEWS RIAS SEP 20, 2009
The RIA giants: $124B in assets and counting

Assets managed by the 50 largest registered-investment-advisory firms grew by a barely perceptible 0.4% during the second quarter, according to research conducted by RIA Database for <i>InvestmentNews</i>.

NEWS RIAS SEP 20, 2009
What the small can teach the large

Judging by the recent 2009 Moss Adams/ InvestmentNews Adviser Compensation and Staffing Study, financial planning, investment advisory and independent-brokerage firms could teach companies in many other fields how to manage in tough times.

NEWS INDUSTRY NEWS SEP 20, 2009
Deflation hawks say economy may spiral downward

Deflation is working its way back into polite conversation.

NEWS INDUSTRY NEWS SEP 20, 2009
Tax breaks for out-of-state 529 plans unlikely

The Department of the Treasury wants all states that have an income tax and also sponsor a Section 529 college savings plan to offer residents a tax break, no matter what plan they choose, even if it is one from another state.

NEWS INDUSTRY NEWS SEP 20, 2009
Beating competitors with non-correlated large-cap-stock picks

The immediate future continues to look bright to Tom Forester, manager of the $90 million Forester Value Fund (FVALX). The fund stood out at the end of last year for its 0.4% gain.

NEWS INDUSTRY NEWS SEP 18, 2009
FDIC chief considers tapping Treasury for funds

The chairman of the Federal Deposit Insurance Corp. says she is &quot;considering all options, including borrowing from Treasury,&quot; to replenish the dwindling fund that insures bank deposits.

NEWS INDUSTRY NEWS SEP 18, 2009
Vanguard charitable fund sees 15% increase in contribution in '09

The Vanguard charitable fund has seen a double-digit increase in contributions this year, while comparable funds at Fidelity and Schwab didn't fare as well.