Bank Investment Consultant

• Free newsletters - Wealth Advisor, Breaking News and More
• Earn Free CE Credits
• Free Seminars and Podcasts from Industry Experts
• Access our Discussion Boards

News

• Retirement Plan Participants Seek Direction from Employers: Study

  January 26, 2012

  Participants in defined contribution retirement plans want direction—and even prompts—from their employers when it comes to saving for retirement. That’s one of the findings from a survey by State Street Global Advisors, the asset management business of State Street Corp.

• 'Offshore Shams' Abet Mutual Fund Speculation in Commodities: Senator

  January 26, 2012

  The head of the Senate Permanent Subcommittee on Investigations called for an end to private letter rulings from the Internal Revenue Service which have “essentially opened the floodgates” for mutual funds to speculate in commodities from offshore tax havens such as the Cayman Islands.

• BNY Mellon Opens Wealth Management Office in the Cayman Islands

  January 26, 2012

  BNY Mellon has opened its first wealth management office in the Cayman Islands as part of an effort to expand the firm’s global capabilities to serve international clients.

• Going Postal: Turning USPS Woes Into an Investment Opportunity

  January 26, 2012

  Advisors don’t only have to bemoan the U.S. Postal Service’s decline — there are ways to profit from it. It’s worth at least considering an investment in ETFs that have exposure to companies like FedEx and UPS, according to an analysis by S&P Capital IQ.

• Morgan Stanley Smith Barney: We Expect U.S. Recession, Too

  January 26, 2012

  The Global Investment Committee of Morgan Stanley Smith Barney said in its January 2012 market commentary that it expects not just Europe, but the United States, to slip into recession.

• Investors (Again) Lose Faith in U.S. Equity Funds

  January 25, 2012

  According to statistics released today by the Investment Company Institute, investors pulled $484 million from stock funds over the past week, a reversal from the previous week when investors sent $1.42 billion their way.

• Most Americans Still Support Retirement Savings Tax Incentives

  January 25, 2012

  The vast majority of U.S. households — regardless of demographic and financial characteristics — overwhelmingly support preserving the nation’s current tax incentives to encourage retirement savings.

• Men and Women Do Retirement Planning Differently

  January 25, 2012

  A study by Ameriprise Financial and Harris Interactive found that men outpace women in planning for the financial aspects of retirement at a ratio of 77% to 72%. However, women are more likely to say they have thought about what they would like to do during retirement.

• U.S. Households Investigating But Not Buying Life Insurance

  January 25, 2012

  LIMRA research also indicates companies could grow their life business by being more aggressive with certain untapped markets.

• Active ETF for Global Opportunities Set to Launch

  January 25, 2012

  AdvisorShares Investments, a sponsor of actively managed ETFs, announced that the AdvisorShares Accuvest Global Opportunities ETF will begin trading on Jan. 26.

More News