Find the latest industry news below.

  • 15 Highest-Paid CEOs in Financial Services: WSJ
    on May 16, 2022 at 8:01 pm

    Several BD and wirehouse CEOs made this list.       

  • How Much Will Health Care Cost in Retirement? Most Americans Have No Idea, Fidelity Finds
    on May 16, 2022 at 7:50 pm

    Fidelity's annual study found widespread misconceptions about Medicare, HSAs and how much retirees can expect to pay for care.      Related StoriesWould Sanders' New 'Medicare For All' Bill Create a Care Gap? - EnclosureThe View from HealthCare.com: Jeff Smedsrud - EnclosureDoctors, Lawmakers See Danger in Moving Medicare Toward Privatization - Enclosure 

  • Stocks Flip Higher in Seesaw Session; Bonds Gain
    on May 16, 2022 at 7:37 pm

    The risk of an economic downturn amid price pressures and rising borrowing costs remains the major worry for markets.      Related StoriesU.S. Stocks Get Pummeled in Broad-Based Selloff - EnclosureGoldman's Blankfein Says U.S. at 'Very, Very High Risk' of Recession - EnclosureA Brief History of Economic Crises, Crashes and Recoveries - Enclosure 

  • Ric Edelman: What Investors Really Need to Know About Crypto
    on May 16, 2022 at 7:15 pm

    He discusses how much Bitcoin to own, Fidelity's 401(k) move and what he thinks of the recent rout.      Related StoriesDon't Look at Your 401k? Good Luck With That! - EnclosureCrypto Interest Surges Among Big Investors - EnclosureU.S. Stocks Get Pummeled in Broad-Based Selloff - Enclosure 

  • 10 Simple Phrases That Get Prospects to Open Up
    on May 16, 2022 at 6:23 pm

    The first step in getting potential new clients to like you is getting to know them better.      Related Stories11 Good Stocks That Are Cheap Now: Morningstar - Enclosure6 Ways to Help Clients Manage Market Turmoil: Buckingham Wealth - EnclosureStock Volatility Is Not How Wall Street Hugs Annuity Issuers - Enclosure 

  • SEC Plans Cyber Rule for BDs
    on May 16, 2022 at 6:03 pm

    The proposal will be similar to one issued in February for RIAs, Chairman Gary Gensler says.      Related StoriesBarred Broker Gets Over 9 Years in Prison for $100M Ponzi Scheme - EnclosureGoldman's Blankfein Says U.S. at 'Very, Very High Risk' of Recession - EnclosureEquitable Sees 'Rational' Registered Index-Linked Annuity Pricing - Enclosure 

  • Goldman's Blankfein Says U.S. at 'Very, Very High Risk' of Recession
    on May 16, 2022 at 3:30 pm

    His made the remarks Sunday, when the firm's economists cut their growth forecasts for this year and next to reflect the market shake-out.      Related StoriesBonds May Be Down, But Some Annuity Payouts Are Up - EnclosureBonds May Be Down, But Annuity Payouts Are Up - EnclosureMeet the 2022 Asset Managers of the Year - Enclosure 

  • 'Annuities' Hits Brick Wall but 'Guaranteed' Income Is Better Choice: Finke
    on May 16, 2022 at 5:55 am

    The Alliance for Lifetime Income held a summit to try to get people to think about that.      Related StoriesEquitable Sees 'Rational' Registered Index-Linked Annuity Pricing - EnclosureStock Volatility Is Not How Wall Street Hugs Annuity Issuers - Enclosure5 Annuity Bills in Congress Now - Enclosure 

  • FINRA Treading Carefully on Complex Product Regs: CEO Cook
    on May 16, 2022 at 5:54 am

    "Our minds are not made up about this," CEO Robert Cook tells ThinkAdvisor.      Related StoriesGoldman's Blankfein Says U.S. at 'Very, Very High Risk' of Recession - EnclosureEquitable Sees 'Rational' Registered Index-Linked Annuity Pricing - EnclosureRaymond James Gives Fee-Only Advisors New Model - Enclosure 

  • Policy Buyers Up Their Game
    on May 14, 2022 at 1:07 am

    The authors say people with unwanted policies stand to benefit from investors' interest in "alts."      Related StoriesDon't Look at Your 401k? Good Luck With That! - Enclosure5 Ways to Diversify a 60-40 Portfolio - EnclosureInflation and Retirement Health Care - Enclosure 

  • Using Life Settlements as an Inflation Hedge
    on May 13, 2022 at 9:16 pm

    A life insurance policy appraiser makes the case for why some clients should sell their policies.      Related StoriesDon't Look at Your 401k? Good Luck With That! - Enclosure5 Ways to Diversify a 60-40 Portfolio - EnclosureInflation and Retirement Health Care - Enclosure 

  • Equitable Sees 'Rational' Registered Index-Linked Annuity Pricing
    on May 13, 2022 at 9:09 pm

    Jackson talked about hedging mechanics. F&G gave a few more details about its looming spinoff.      Related StoriesStock Volatility Is Not How Wall Street Hugs Annuity Issuers - Enclosure5 Annuity Bills in Congress Now - EnclosureLife Insurers Added Asset-Backed Securities in 2021 - Enclosure 

  • 11 Good Stocks That Are Cheap Now: Morningstar
    on May 13, 2022 at 8:33 pm

    Many stocks with big competitive advantages are taking a bigger hit than the broader market, Morningstar reports.      Related Stories10 Ways Inflation Affects Your Clients - EnclosureBonds May Be Down, But Some Annuity Payouts Are Up - EnclosureBonds May Be Down, But Annuity Payouts Are Up - Enclosure 

  • Raymond James Gives Fee-Only Advisors New Model
    on May 13, 2022 at 8:24 pm

    It announced the new corporate RIA model ahead of its Elevate conference May 16-18 in Nashville, Tennessee.      Related StoriesWould Sanders' New 'Medicare For All' Bill Create a Care Gap? - EnclosureMeet the 2022 Asset Managers of the Year - EnclosureWhy Advisors Should Target Clients in Their 40s: Cerulli - Enclosure 

  • How Advisors Can Help Clients Overcome Their Biggest Investing Worries
    on May 13, 2022 at 8:16 pm

    Advisors must try to stop clients from fleeing risk or freezing and doing nothing, Morningstar's CIO says.      Related StoriesRaymond James Gives Fee-Only Advisors New Model - EnclosureWould Sanders' New 'Medicare For All' Bill Create a Care Gap? - EnclosureMeet the 2022 Asset Managers of the Year - Enclosure