News Roundup (677)
Dually-Registered Channel is Fasted Growing
- Saturday, 25 January 2014
- News Roundup
- Written by PFA News
Growth of dually-registered advisors is outpacing the growth of all other channels. So reports Financial Planning.
Read more...Blame Poor Investment Performance on Testosterone?
- Sunday, 19 January 2014
- News Roundup
- Written by PFA News
A recent study has shown that woman who run hedge funds outperformed the overall hedge fund industry in 2013. The findings could point to testosterone making men less in tune with risk and reward signals, reports IBT Times.
Read more...Northwestern Mutual to Continue with Big Recruitment Drive
- Sunday, 19 January 2014
- News Roundup
- Written by PFA News
After having recruited 5,500 financial advisors in 2013, Northwestern Mutual says it will add another 2,700 reps and 3,700 interns this year. So reports Financial Advisor.
Read more...Ex-Advisor Sentenced to 20 Years in Jail
- Sunday, 19 January 2014
- News Roundup
- Written by PFA News
Bruce Harada of Hawaii, who was formerly an advisor with ING North America Corp., has been slapped with a 20 year prison sentence for swindling $2.2 million from clients. So reports Hawaii News Now.
Read more...Morningstar Names Fund Managers of the Year
- Sunday, 19 January 2014
- News Roundup
- Written by PFA News
Fund tracker Morningstar has awarded Morgan Stanley, Artisan, PIMCO, FPA, and AQR with its 2013 U.S. Fund Manager of the Year award. So reports ThinkAdvisor.
Read more...Financial Planning Ranks Low among New Year’s Resolutions
- Saturday, 11 January 2014
- News Roundup
- Written by PFA News
Only 16% of respondents in a recent survey say they will make financial planning one of their New Year’s resolutions. So reports the Star Tribune.
Read more...Raymond James Recruits LPL Advisors
- Saturday, 11 January 2014
- News Roundup
- Written by PFA News
Raymond James has recruited LPL advisors Terry Wiles and Ryan Smith of Cary N.C., who managed $146 million in client assets under the moniker of Wiles Wealth Management. So reports Financial Planning.
Read more...Advisor Urges Clients to Stock up on Food, Guns
- Friday, 03 January 2014
- News Roundup
- Written by PFA News
Financial advisor and Forbes columnist David John Marotta is urging his clients to gather food, funds and ammunition because the chances of a social and fiscal disaster are increasing. So reports the Washington Examiner.
Read more...Bogle Says Mutual Fund Costs Near 4%
- Friday, 03 January 2014
- News Roundup
- Written by PFA News
Vanguard founder Jack Bogle, in a forthcoming article for the Financial Analysts Journal, maintains that actual costs for actively managed funds are approximately 3.92%. So reports Morningstar.com.
Read more...Seniors’ Wealth Heavily Comprised of Homeownership
- Sunday, 15 December 2013
- News Roundup
- Written by PFA News
A Mortgage Bankers Association study has determined that home ownership accounts for half of a typical senior’s wealth. So reports Financial Advisor.
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