News

• 

  PIMCO’s El-Erian: Forget Politicians—It’s the Fed That Matters

  By Joyce Hanson, AdvisorOne  |  June 17, 2013

  PIMCO CEO Mohamed El-Erian believes that central banks are better these days at setting policy than politicians.

• 

  Top Portfolio Products: Schwab Lowers Expense Ratios, Donoghue Adds Dividend-Yield Offering

  By Marlene Y. Satter, AdvisorOne  |  June 15, 2013

  Accretive Wealth Management offers Sharia-compliant portfolios; RiverPark set to close fund to new investors.

• 

  How to Handle Collectibles as Client Assets

  By Ed McCarthy, CFP  |  June 15, 2013

  Estate planning pitfalls to avoid when dealing with coins, stamps and other items, from Jim Halperin of Heritage Auctions.

• 

  How Do I Advise Thee? Let Me Count the Ways: Live Blog, Day 2

  By Gil Weinreich, AdvisorOne  |  June 13, 2013

  Possibly the most valuable content at the Morningstar Investment Conference is a session on the subject of “gamma” whose applications have immediate take-home value for financial advisors.

• 

  ‘We Aren’t Buying First Allied to Run It’: RCAP CEO

  By Janet Levaux, AdvisorOne  |  June 13, 2013

  RCAP, led by Nicholas Schorsch, and other real estate investors are diversifying their portfolios and see the IBD space as a growth business.

• 

  Bogle Blasts Financial Industry, Calls Compensation a ‘Disgrace’

  By Gil Weinreich, AdvisorOne  |  June 13, 2013

  Industry elder statesman and Vanguard founder John Bogle did not refrain from speaking his version of truth to power at Morningstar’s investors conference, condemning the financial industry’s grip on corporate America.

• 

  Market Holds Rally, Investors Don’t Show Up

  By Gil Weinreich, AdvisorOne  |  June 12, 2013

  “You don’t get too many chances to get over 100% gain without inflation after only four years,” said one analyst at the Morningstar Investment Conference, where panelists lamented investors' lack of discipline since the financial crisis.

• 

  Finke Says Jump in Rates No Panacea for Savers, Retirees: Live Blog, Day 1

  By Gil Weinreich, AdvisorOne  |  June 12, 2013

  Perusing some investment literature in the Morningstar conference's lonely press room, I see an old retirement report and a conflicting story in today's Journal that prompts me to call up Michael Finke to sort it out.

• 

  First Allied’s Surprise Sale to Real-Estate Group Creates ‘Whole New Dynamic’ for BDs

  By Janet Levaux, AdvisorOne  |  June 12, 2013

  Flush with cash, more conglomerates that sell REITs could follow in Realty Capital’s footsteps—perhaps spawning conflicts of interest, Jonathan Henschen says.

• 

  MSRB Warns Investors, BDs About Sequestration’s Impact on Direct-Pay Bonds

  By Melanie Waddell, AdvisorOne  |  June 12, 2013

  The MSRB warned investors Wednesday to be aware of the terms of certain types of direct-pay municipal bonds to better understand any potential impact the federal sequestration has on them.