Industry News

There are bright spots in the new projections, but the news remains troubling, Social Security experts say.      Related StoriesFinal DOL Agent Fiduciary Exemption Covers More Comp Types - EnclosureFocus Financial to Merge RIAs Buckingham, Colony Group - EnclosureU.S. Regulators Propose More Power to Claw Back Banker Bonuses - Enclosure 

The answer to 10-year asset growth lies deep in the heart of Federal Reserve financial data.      Related StoriesStifel CEO Finds Pleasant Surprises in Final DOL Fiduciary Rule - EnclosureFinseca CEO Pans New DOL Fiduciary Regs, Sketches Litigation Path - EnclosureFinal DOL Agent Fiduciary Exemption Covers More Comp Types - Enclosure 

Keep communication open with your team — and cut yourself some slack, too.      Related StoriesFocus Financial to Merge RIAs Buckingham, Colony Group - EnclosureBuckingham Strategic Wealth to Merge With Colony Group - EnclosureSEIA Makes $2B RIA Acquisition in Cleveland - Enclosure 

While rules of thumb aren't optimal, I think 5% is a more realistic starting point for typical retirees.      Related Stories3 Reasons Cash Is King Again - EnclosureFed Holds Rates Steady, Cites Lack of Progress on Inflation - Enclosure15 U.S. Cities Where It Takes the Most Income to Be 'Middle Class' - Enclosure 

The long-delayed rules would force lender clawbacks from executives who take too much risk.      Related StoriesBuckingham Strategic Wealth to Merge With Colony Group - EnclosureFinal DOL Agent Fiduciary Exemption Covers More Comp Types - Enclosure6 Lessons From Charlie Munger on Investing and Business - Enclosure 

Raymond James "will not try to mimic what private equity is doing" in the RIA space, CFO Paul Shoukry says.      Related StoriesU.S. Regulators Propose More Power to Claw Back Banker Bonuses - EnclosureBuckingham Strategic Wealth to Merge With Colony Group - EnclosureFinal DOL Agent Fiduciary Exemption Covers More Comp Types - Enclosure 

Buckingham CEO Adam Birenbaum will lead the combined RIA; Colony CEO Michael Nathanson recently became chief of Focus.      Related StoriesBuckingham Strategic Wealth to Merge With Colony Group - EnclosureU.S. Regulators Propose More Power to Claw Back Banker Bonuses - EnclosureFinal DOL Agent Fiduciary Exemption Covers More Comp Types - Enclosure 

A recent Bank of America report provides some talking points for advisors helping clients navigate this alternative investment.      Related Stories15 U.S. Cities Where It Takes the Most Income to Be 'Middle Class' - Enclosure10 Blue-Chip Stocks to Buy for the Long Term: Morningstar - EnclosureWhy Invest in Private Markets? - Enclosure 

The average annual cost is under six figures in only a dozen states, Genworth's Cost of Care Survey finds.      Related Stories10 Pieces of Free Advice to Share With Clients - Enclosure15 U.S. Cities Where It Takes the Most Income to Be 'Middle Class' - EnclosureJeff Levine: 7 End-of-Life Tax Planning Mistakes to Avoid - Enclosure 

But falling prices pose "global contagion risk" for some small banks, analysts warn.      Related Stories6 Lessons From Charlie Munger on Investing and Business - EnclosureNew DOL Fiduciary Rule Hit With First Lawsuit - EnclosureAdvisor Annuity Conversations Often Lead to Transactions: Global Atlantic - Enclosure 

Bob Hope himself appeared at a building dedication ceremony in 1985.      Related Stories6 Lessons From Charlie Munger on Investing and Business - EnclosureNew DOL Fiduciary Rule Hit With First Lawsuit - EnclosureAdvisor Annuity Conversations Often Lead to Transactions: Global Atlantic - Enclosure 

"There's no other Warren Buffett. Fortunately they have a wonderful board," said Semper Augustus Investments' head.      Related Stories'Your Fund Is Under Attack': BlackRock Fights Saba Raid - Enclosure6 Lessons From Charlie Munger on Investing and Business - EnclosureSchwab Charity Funnels $250M to Right-Wing Causes - Enclosure 

It also exempts more activities, but conflicts with Reg BI could hurt, legal analysts warn.      Related StoriesLawsuit Cuts Equitable's $1.3B Gain on a Universal Life Price Hike - EnclosureFinseca CEO Pans New DOL Fiduciary Regs, Sketches Litigation Path - EnclosureFiduciary Rule Regs May Cut $5,000 in Annual Fees per Annuity Pro: DOL - Enclosure 

The firm's Signature Access Lifestyle Advisory connects clients with services that go far beyond portfolio management.      Related StoriesWith Fresh Genstar Funding, Cetera Charges Ahead - EnclosureMaster These Habits to Become a 'Supercommunicator': Charles Duhigg - EnclosureAdvisor Coach Reveals the 5 Challenges He's Asked About Most - Enclosure 

The $250 billion closed-end fund industry is now the scene of one of the most dramatic power struggles in finance.      Related StoriesSchwab Charity Funnels $250M to Right-Wing Causes - EnclosureStocks Trade for 390 Minutes a Day. Increasingly, Only 10 Matter - EnclosureTrump Advisors Battle for Sway on Tax, Fed Polic - Enclosure