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Portfolio Rethink has introduced seven new indexes that it says are alternatives to the 19th-century Standard & Poor’s 500 and Dow Jones Industrial Average. Today, the company says, companies are global and investors are much more sophisticated.
July 5 -
Following an announcement from The Financial Industry Regulatory Authority (FINRA) in January that it ordered Charles Schwab & Company, Inc., to pay $18 million to repay investors in its YieldPlus Fund after investment losses, a FINRA Arbitrator awarded damages, attorneys fees and other costs to a couple invested in the fund.
July 5 - Money Management Executive
Assets in U.S.-listed exchange-traded funds and exchange-traded notes rose 39% from a year ago to $1.098 trillion at the end of June, up from nearly $788 billion at the end of June 2010, the National Stock Exchange said.
July 5 -
When it comes to sovereign risk ratings, it could be a case of "out of Greece and into the fire" as venerable credit-rating agency Standard & Poor's this week joined Moody’s in issuing a sobering warning that Italy could be the next European nation in line for a downgrade.
July 5 - Money Management Executive
American investors are in risk-aversion mode and are not likely to get out of that funk until interest rates start rising. That’s the fundamental conclusion of Morningstar Senior Stock Analyst Greggory Warren.
July 5 -
In a new report from the Government Accountability Office (GAO), experts recommended that middle-income retirees convert a portion of their savings into an inflation-adjusted annuity or opt for an annuity instead of a lump sum from an employer sponsored defined benefit (DB) plan. They also recommended that Americans delay taking Social Security benefits until at least full retirement age.
July 5 -
BlackRock favors U.S. growth stocks and quality U.S. bonds. GMO recommends cash rather than other forms of tail-risk protection. In Russell survey, bullish sentiment for U.S. large cap growth stocks dropped but still a majority view. Barclays expects that central banks will ignore recommendation by Bank of International Settlements to act against inflation.
July 5 -
Last year was a good one for registered investment advisors, according to the 2011 RIA Benchmarking Study from Charles Schwab, the largest focused solely on RIAs.
July 5 -
A new study to be published in an upcoming issue of Psychological Science, a journal of the Association for Psychological Science, has found that when people are reminded of money, they respond differently and mimicking can backfire and make establishing a relationship and a sense of trust even more difficult for financial advisors.
July 5 -
The old saying sell in May and go away does not apply to daily investing life anymore, and many advisors know the reasons why.
July 5
Financial Planning
