Industry News Archive

 
Ameriprise Bets Big On Active ETF Market
4/15/2011 4:29:32 PM Financial Advisor Magazine

Ameriprise Financial seems to be throwing its weight behind the future of actively managed exchange-traded funds through its subsidiary Columbia Management Investment advisors. Columbia today... Read More


Investors Press Immigration Reform
4/6/2011 1:19:18 PM Financial Advisor Magazine

With a number of states contemplating anti-immigration legislation and the federal government cracking down on undocumented workers, a coalition of institutional investors with more than $145... Read More


PowerShares ETF Takes A Lead
4/6/2011 1:18:58 PM Financial Advisor Magazine

The PowerShares Cleantech Portfolio ETF (NYSE:PZD - News) finished first last year of 36 public equity funds focused on clean energy and/or clean technology, according to Bloomberg New... Read More


Alternatives A Must For Diversification, Experts Say
3/23/2011 1:26:07 PM Financial Advisor Magazine

By Bruce W. Fraser Alternative investments such as managed futures should play a larger role in portfolio diversification, but they are still not well understood by advisors and investors,... Read More


Millionaires More Hopeful About Economy, Fidelity Says
3/14/2011 12:22:14 PM Financial Advisor Magazine

Millionaires still view the economy as weak, but they are growing more hopeful about the future growth, according to a recent survey from Fidelity Investments. Based on a scale where +100 is the... Read More


FPC To Congress: Increase SEC Funding
3/10/2011 12:21:52 PM Financial Advisor Magazine

Funding must be increased for the Securities and Exchange Commission in order to implement critical consumer protections and boost investor confidence, according to the Financial... Read More


Minnesota Advisor Charged In $47M Currency Scam
3/9/2011 4:21:56 PM Financial Advisor Magazine

A federal judge has frozen the assets of a Minnesota-based money manager who is charged by the SEC with pilfering millions of dollars from investors through a currency investment scheme.... Read More


RIA Optimism On The Rise, Survey Says
3/7/2011 1:52:51 PM Financial Advisor Magazine

A majority of independent registered investment advisors have a bullish stock market outlook over the next six months, according to a Charles Schwab survey. Fifty-six percent of RIAs consider... Read More


Variable Annuity Assets Reach Record Levels In 2010
3/7/2011 11:52:53 AM Financial Advisor Magazine

Variable annuity assets reached an all-time record of $1.5 trillion in 2010, despite a total annuity sales decrease of 8.7%, according to the Insured Retirement Institute. Fourth-quarter... Read More


Fidelity Launches Online Referral Tool
3/3/2011 3:52:39 PM Financial Advisor Magazine

Fidelity Investments has launched a new Web-based research tool designed to help independent advisors find new prospective clients and networking opportunities. The Referral-Edge platform... Read More