Record Pension Gap Threatens 2013 Company Earnings: Mercer
Falling interest rates were the cause of pension plans’ losses despite overall annual asset growth of approximately 16% in the stock market.
New Hire Roundup: Commonwealth Named as a Top Place to Work—Again
This week in new hires, Commonwealth Financial Network once again made the Boston Globe’s list of top places to work in Massachusetts; Ellen Turf announced she would depart NAPFA next year; and Intech announced a new hire and promotions.
SEC Brings More Insider Trading Actions in Galleon Case
The SEC says that it has now charged 32 defendants in its Galleon-related enforcement actions.
When Clients Get Lump-Sum Pension Offers (Like GM and Ford), What to Advise?
It’s not just the automakers—an increasing number of your clients may need to choose between a lump-sum payout from their pensions and the traditional annuity option. How should you advise them?
Warren Buffett Drops Consumer Stocks, Buys Into Banks
Billionaire investor Warren Buffett backed away from stocks in the second quarter, reducing the company’s holdings in consumer-products equities but investing more heavily in the finance sector.
Top 25 ‘Heroic’ U.S. Companies That Invest in U.S.
The Progressive Policy Institute released its list of companies that are “betting on America” by making significant domestic capital expenditures.
How to Buy Facebook Without All the Risk
As demand skyrockets for Facebook’s new shares, advisors plan to jump into this investing product that will give clients exposure to the hot social media IPO without too much volatility.
Worried Mutual Fund Leaders Ask: Are We the Auto Industry of Finance?
“The relationship with the advisor as opposed to the product provider has become much more important to investors,” said Boston Consulting Group's Gary Shub during his MFEA talk.
Profiting from Morality
Brian Payne, vice president of investments at Wells Fargo Advisors in Dallas, has had a close association with the Muslim community in the Dallas/Forth Worth area for about five years.
How Much Risk Do Clients Really Need to Take?
There's only one rational question on investment risk: How much risk does the client actually need to take to meet their own defined obligations and goals.