Subject Root Tag

Our legal expert explains the ins and outs of setting up a backup plan to service an advisor's clients if he or she is unable to do so.

Calculating the worth of your practice requires placing a value on different types of capital.

For the third-quarter mark (year-to-date), the Dow Jones Industrial Average is down 5.74%. In its 113-year history, excluding the current year and 1914 due to a change in the number of components that year, the DJIA has fallen 44 times at the third-quarter mark.

Schwab Advisor Services is launching a multi-million dollar marketing and education campaign aimed at promoting the registered investment advisor (RIA) sector in an effort to differentiate the channel from other, more traditional models in the eyes of affluent investors.

In a new report, “Volatility Responsive Asset Allocation, Russell Investments recommends that institutional investors use a dynamic asset allocation policy that varies as market volatility changes.

Van Eck says ETFs can reflect changes in industry sectors, whereas HOLDRS’ depositary trust structure is static.

Vanguard is changing the investment process for its four LifeStrategy series from a mix of active and passive management to an all-index approach.

401K GPS has launched it personalized 401(k) monitoring service, to ensure participants’ strategies fit their risk profile. While the service monitors portfolios on a daily basis, it issues quarterly recommendations on how investors should reallocate their holdings, based on retirement goals and market expectations. Should volatility in the markets become pronounced, 401K GPS will issue intra-quarterly alerts.

Vanguard is lowering the fees on six funds by adding low-cost Admiral Shares to them. Vanguard’s Admiral Shares program requires a minimum account balance of $10,000.

State Street Global Advisors has launched three new exchange-traded funds, the SPDR S&P Aerospace & Defense ETF, SPDR S&P Health Care Services and SPDR A&P Software & Services funds.

Scout Investments has launched the Scout Unconstrained Bond Fund, which will invest across the entire fixed income universe -- including investment grade, high-yield, governments, agencies, mortgage-backed, asset-backed and foreign markets.

A significant number of advisors who serve 401(k) plans will ramp up their retirement income planning practices over the next few years, according to a new report from Principal Financial, called the “2011 Best Practices in Retirement Income Planning Study.”

CBOE Stock Exchange said it agreed to acquire the National Stock Exchange, an all-electronic stock exchange now based in Jersey City, N.J.

The combined assets of the nation’s mutual funds decreased by $398 billion, or 3.3 percent, to $11.621 trillion in August, according to the Investment Company Institute.

The Dow Jones Industrial Average jumps 143.08 to 11,153.98 in a volatile trading session. Most of the gain came in the last 30 minutes of trading.

The Financial Industry Regulatory Authority has hit Raymond James & Associates and Raymond James Financial Services Inc. with an order to pay $1.69 million in restitution to more than 15,500 customers who were charged unfair commissions.

A significant number of advisers who serve 401(k) plans will ramp up their retirement income planning practices over the next few years, according to a new report from Principal Financial, called the “2011 Best Practices in Retirement Income Planning Study.”

Scout Investments has launched the Scout Unconstrained Bond Fund, which will invest across the entire fixed income universe—including investment grade, high-yield, governments, agencies, mortgage-backed, asset-backed and foreign markets.

A Long Island-based investment advisor repeatedly lied to investors to conceal the fact that his PIPE investment and trading strategy was failing during the financial crisis and stole more than $1 million in client assets to buy personal luxury items including a Lexus, a Mercedes and a Rolex watch, according to the SEC.

State Street Global Advisors has launched three new exchange-traded funds, the SPDR S&P Aerospace & Defense ETF, SPDR S&P Health Care Services and SPDR A&P Software & Services funds.