Advertisement
Daily News
NAPA Net Daily
Powered by the National Association of Plan Advisors.
BY Fred Barstein 10/1/2013
These are heady days for established mutual fund providers in the DC market, with an increase of almost 18% for the 12 months ending June 30, according to a P&I survey of the top managers. That tramples the 5% gain reported over the 18 months ending June 30, 2012. The results are driven...
READ MORE
BY Kathleen Beichert 10/1/2013
Brian Levitt, OppenheimerFunds Senior Economist, shares his recent thoughts on emerging market equities below. — Kathleen After declining for much of the year on concerns over slower global growth, emerging market (EM) equities have staged a relief rally in recent weeks. While the initial move up...
READ MORE
BY Fred Barstein 10/1/2013
With an estimated 10,000 RIA firms and only 50 reported M&A deals, there’s a sense that something is wrong in a market that should see more consolidation. Fidelity gathered a group of investment bankers and acquirers with $200 billion of AUM to flesh out the issues.Their conclusion: Deals have...
READ MORE
BY NAPA Net Staff 9/30/2013
Last week’s top five most-read posts on NAPA Net reflected keen interest in the phasing out of out-of-office emails; comments from Phyllis Borzi on DOL’s fiduciary rule, MEPs and advisor fees; the CFP website’s shift in reporting compensation models; FINRA’s approval of broker bonus disclosure...
READ MORE
BY Fred Barstein 9/30/2013
Fallout over the way CFPs report their compensation on the CFP website continues, as two wire houses instructed their advisors not to use fee only. Both Morgan Stanley and Merrill Lynch ordered immediate action in a note sent to all reps. Morgan has 1,580 CFPs and Merrill has 1,560; the Wall Street...
READ MORE
BY Fred Barstein 9/30/2013
Business reasons and changing market dynamics have caused Fidelity to get more aggressive in the equity allocation for their estimated $175 billion in TDF funds. RIABiz reporter Brooke Southall outlines the reasons why Fidelity may be making these changes, including research establishing that...
READ MORE
BY Fred Barstein 9/30/2013
At this past weekend’s LPL Retirement Partner Group meeting, 350 plan advisors gathered in Colorado Springs, including many of the 105 advisors recruited in 2013. Bill Chetney, SVP and group leader, said that while advisors have changed the DC and retirement market, there’s a long way to go....
READ MORE
BY Daniel Long 9/27/2013
“What's in a name? That which we call a rose by any other name would smell as sweet.”In Shakespeare’s timeless love story, Juliet’s romantic plea to Romeo to relinquish his Montague family name was so convincing that he responded, “Henceforth I never will be Romeo.” In one of the most successful...
READ MORE
BY Fred Barstein 9/27/2013
As the debate continues to rage over whether ETFs will become popular in 401(k) plans, Brightscope has released a list of the most popular funds. Vanguard’s Total Bond Market remained at the top of the list, even as many are fleeing bonds in anticipation of rising interest rates. And the SPDR S...
READ MORE
BY NAPA Net Staff 9/27/2013
Members of NAPA can now submit nominations for the 2014 NAPA Leadership Council. Two voting advisor members and one firm partner representative will rotate off the Leadership Council in 2014. The Nominating Committee is accepting nominations for the two open advisor seats. The Nominating Committee...
READ MORE
Pages
Advertisement
Advertisement
Most Popular
Advertisement
Sign up for The Daily
Recent Comments