News
May 12, 2008
Palaveev Moves On
Industry consultant to head up Fusion Advisor Network
By Kara P. Stapleton
May 8, 2008
Debbie McWhinney Is Back
Joins board of rollup firm Focus Financial
By James J. Green
Schwab Institutional head Debbie McWhinney has resurfaced, joining Focus Financial Group, the rollup firm founded and headed by Rudy Adolf, on its now five-member board of directors.
A Need to Work Together
IRAs and DC Plans Account for Half of Retirement Market
By Melanie Waddell
The government and policymakers must work together if the 401(k) plan is going to remain the dominant private-sector device for retirement savings, said Paul Schott Stevens, president of the ...
May 7, 2008
A Matter of Time
How advisors spend their time may hold the key to their success—PracticeEdge, the monthly best practices newsletter for May 2008
By Maya Ivanova
AdvisorBenchmarking research shows that the way advisors spend their time varies greatly. ...
May 6, 2008
A New Entry With a Familiar Name Enters the Custody Business
LPL Financial to offer custodial services for own, external RIAs
By Kara P. Stapleton
LPL Financial has taken what might be considered the logical next step as the broker/dealer industry incresingly moves to the fee side of the business—becoming a custodian to non-affiliated ...
May 5, 2008
Another SEC Commissioner to Leave Office
Paul Atkins to depart an already depleted group
By James J. Green
SEC Commissioner Paul Atkins announced May 5 that will leave the Commission; he was originally appointed by President George W. Bush in August 2002.
May 1, 2008
It's All Up to Housing
The second quarter started strong, but will it hold?—Searching for Alpha, the monthly index newsletter for May 2008
By Ben Warwick
Stocks ruled the roost in April, with impressive returns from nearly every market cap and valuation band. ...
April 24, 2008
A Matter of Trust
More advisors are launching trust companies to aid boomers’ retirement needs
By Savita Iyer-Ahrestani
In an effort to cut down on costs and maintain their commitment to offering individuals as complete and close a relationship as possible, many independent advisors are looking to set up their own ...
Phoenix Launches No-Load Annuity for Fee-Based Advisors
First in a series from Phoenix, Jefferson National partnership
By Savita Iyer-Ahrestani
In yet another testament to the rising popularity of annuities, Hartford, Connecticut-based The Phoenix Companies has launched Phoenix Portfolio Advisor Variable Annuity, an innovative low-cost, ...
April 23, 2008
SEC To Issue Report on Credit Ratings Agencies
Report to help avert another subprime fiasco
SEC Chairman Christopher Cox told Congress April 22 that the Commission plans to release by early summer a report detailing the Commission’s examination of rating procedures used by credit ...
The 529 List
Morningstar ranks best and worst plans
By Kara P. Stapleton
Morningstar, Inc. announced its fifth annual study of the best and worst 529 college savings plans. ...
April 18, 2008
Kanjorski Calls for Federal Insurance Agency
Oversight agency would be housed within Treasury Department
By Melanie Waddell
Rep. Paul Kanjorski (D-Pennsylvania), chairman of the House Financial Services Committee’s Capital Markets Subcommittee, said at a hearing on financial services reform April 16 that he plans to ...
April 17, 2008
Alternative Investment Research
Morningstar’s Web-based platform covers about 8,700 products
By Kara P. Stapleton
Morningstar, Inc. has launched Morningstar Direct Alternative Investment Edition, a Web-based platform that enables users to conduct rigorous alternative investment research by combining timely ...
