Investments

The move could offer a simple way to cut risk and boost returns, but many advisors don't see it that way. Here's why they should.

In low-yield times, lines of credit offer tempting interest rates, tax benefits and a backup plan for emergencies.

Sometimes working with low-net-worth clients can provide unexpected benefits.

LIFETIME ACHIEVEMENT

NEW GENERATION

PORTFOLIO INNOVATOR

TECH INNOVATOR

PRACTICE MANAGEMENT

Goldman Sachs Asset Management (GSAM) announced it has entered into an agreement with Deutsche Asset & Wealth Management(DeAWM) to acquire DeAWM's stable value business, with total assets under supervision of $21.6 billion as of June 30, 2013

With Congress showing no sign of consensus, the looming threat of a government shutdown is instilling fear and unease among those from Main Street to Wall Street.

Bloomberg -- Warren Buffett’s Berkshire Hathaway Inc. is poised to get more than $2 billion in Goldman Sachs Group Inc. stock through warrants acquired during the depths of the 2008 financial crisis.

Bloomberg -- Sovereign wealth funds, which control about $6 trillion of wealth globally, are boosting investments in alternative assets like real estate and private equity to boost returns, a survey by Invesco Ltd. found.

David Rainey likes to take the long view. He's held more or less the same job since 1998, even though the firms and managements around him have changed.

Executives at mutual fund companies, asset management companies and support providers rated client reporting-which included any reporting that is created for the purpose of distribution to clients-as their top challenge followed closely by risk management in Money Management Executive's third annual Operations Survey.

For the last several years the investment management industry has seen a seismic shift towards outsourcing middle and back-office activities. This shift and the development of a successful outsourcing model has come with some degree of skepticism.

Retirement income planning has become a significant or core part of business for nearly three quarters (73 percent) of financial advisors, but these same advisors may be flying blind when it comes to assessing whether clients are on track to achieve sustainable retirement income.

After five years as head of Wells Fargo Advisors, Danny Ludeman announced on Friday that he will be retiring at the end of the year. He will be replaced by Mary Mack, who is currently the head of Wells Fargo Advisors Financial Services Group.

Bloomberg -- SEC Chairman Mary Jo White said her agency will shift its focus to bring more cases against individuals who violate securities laws rather than the companies where they work.

The Wells Fargo/Gallup Investor and Retirement Optimism Index fell 10 points in the third quarter to +33, down from +43 recorded in May.

Bloomberg -- JPMorgan Chase & Co.’s negotiations with federal and state authorities to resolve a series of investigations tied to mortgage bonds are focusing on a potential $11 billion figure, including $4 billion for consumer relief, a person familiar with the talks said.