In a positive sign for the job market, the Conference Board Employment Trends Index remained flat last month for the third month in a row, according to data released today.
Financial advisers tempted to reward star employees with raises should think twice and instead offer them one-time bonuses, according to practice-management experts.
The median asset levels in 401(k) plans dropped at least 15% from yearend 2007 to mid-June 2009, but the affluent and wealthy saw much heftier losses, according to a report released yesterday.
Independent advisers are mulling a switch to monthly electronic statements in order to cut costs.
Women are cutting back on discretionary expenses in this down economy more than men, according to a study released today.
Financial advisers who have cut back on the work hours of their support staff to economize are reordering their service priorities to make sure clients aren't neglected.
In a bid to build their businesses, some financial advisers are turning to an untapped market: their clients' young children.
Financial firms have bolstered their efforts to help financial advisers connect with minority clients, who typically aren't saving significantly for retirement.
The stock rally that begin in March boosted target date funds to an average return of 15.5% in the second quarter, ending a dismal string of six negative consecutive quarters, according to a report released today.
Non-profit organizations are embracing target date funds and a majority of 403(b) plan sponsors have begun offering these funds in their plans, a study released today showed.
