The big wirehouses face major challenges that could thwart their announced plans to recruit brokers aggressively and hire more trainees, recruiters and analysts say.
The Washington state Legislature has proposed a bill that would double the estate taxes for residents.
The pension and actuary group sends a mea culpa to members after a financial advisory firm got hold of the association's mailing list for an upcoming conference.
In four years, more than 4 million baby boomers annually will reach the normal retirement age for full Social Security benefits.
The Certified Financial Planner Board of Standards Inc. is raising the education requirements for planners and financial advisers who seek to take the group's certification examination.
The temporary suspension of the estate tax is not spurring high-net-worth Americans to take action on their estate plans.
Apparently, seniors set aren't big readers — at least when it comes to information about their investments.
It appears that Fabeetle.com has gone live. I've been awaiting more information on the site since <a href="//www.investmentnews.com/article/20090913/REG/309139956"" target="”_blank”" rel="noopener noreferrer">first writing about it</a> back in October.
Two life insurers are suing a trio of broker-dealers, accusing them of fraudulently selling to third parties variable annuities with lucrative death benefits on terminally ill individuals.
Most financial advisers don't devote all that much thought to chocolate. Then there's Linda Boss and Todd Ganos.
A federal judge in Florida has declared a banker and lawyer from Switzerland who were indicted on fraud charges as fugitives from justice.
Everybody dies. Not everybody plans for it, though. That's where financial advisers come in. Few professionals are as well positioned to offer guidance on this sensitive topic — or to steer clients to specialists such as estate planners or attorneys. Indeed, financial advisers, who meet with clients on a regular basis, sometimes for years, can play a pivotal role in getting them to get their affairs in order long before they face their own mortality.
Clients keen to do more of their financial planning virtually, but advisers still stuck in this world
Program aimed at helping advisers come up with a ballpark figure on what their firms are worth; many 'flying blind'
Banking giant Wachovia Corp. will pay $160 million to settle a federal investigation into laundering of illegal drug profits through Mexican exchange houses in the largest case of its kind ever brought against a U.S. bank, prosecutors said Wednesday.
If such overplayed images as Roman columns, boats, or chess pieces populate your firm's website, it is definitely time for a redesign.
10 sure signs that your web presence desperately needs a face-lift. Immediately
Those of you who custody assets at Fidelity Institutional Wealth Services can now get a discount on Assette EasyReports through Fidelity's Practice Perks Program.
When Scott Leonard is sailing the Caribbean next year, he plans to have one hand on the tiller of his 50-foot catamaran and the other on his cell phone.
Over the past decade, increased competition and regulatory change have had a profound effect on the way financial products and services are sold.
