Bank channel

Fewer investors across all age groups are using traditional advisors as their primary advice provider, with the decline most pronounced among investors under 50.

The banking industry and outside observers weighed in Wednesday on a White House order that aims to bolster protection of the nation's critical infrastructure against cyberattack.

The number of health savings accounts and high-deductible accounts has increased to 13.5 million

Affinity says the relationship should help it grow and increase productivity

Only 11% of households cite referrals as the reason for beginning relationships with advisors, according to Cerulli Associates.

Unlike the soon-to-be-discontinued Facebook Credits, the new Amazon Coins have a ready marketplace with consumers and merchants.

Since it launched the program in January 2007, the New Jersey community bank has accumulated $96 million in AUM, and it’s on track to hit $100 million in the next couple of months.

Community banks are starting to regain some traction when it comes to bringing in fees from deposit accounts. The Federal Reserve Board dealt banks a setback in July 2010 with Regulation E, requiring customer permission for enrollment in overdraft programs. It wasespecially harsh on smaller banks, which have historically struggled with noninterest income. …

Many financial advisors lack the skills to address basic issues like setting realistic expectations or educating investors on what retirement even involves

Luke Palacio will join Citi Private Bank as managing director and regional market manager for the South East region on March 18. He will look to expand the firm’s presence throughout South Florida beyond Miami, Boca Raton and Palm Beach.

The Naples office of The Private Client Reserve is expanding its services, adding new advisors and relocating to a larger office space in the upscale neighborhood of Mercato.

Umpqua Bank, a community bank based in Roseburg, Ore., will expand its private banking business into Seattle and San Francisco, where it believes its “high-touch banking products and investment services” will be a good fit.

In the fourth quarter, fees and commissions from trust services generated $22.0 million, a 23% increase from $17.9 million a year earlier.

The bank has been investing heavily in the wealth management business in terms of hiring and training staff as well as new technology.

Dan Dillard launched a video effort that’s on the verge of reaching thousands of clients beyond his book of business. Here’s the second part of his story.

Advisor Dan Dillard launched a video effort that’s on the verge of reaching thousands of clients beyond his book of business. Here’s part-1 of his story.

A lack of benefits for employees at small businesses is not exactly new, but the numbers are getting worse.

Dodd-Frank and Basel III mandated stress testing will require substantial data management changes and investments by bank IT shops. Compliance experts say getting the data infrastructure in order now can go a long way toward easing pain in the future.

In 2012, revenue from wealth management services reached $29.8 million, a 37.5% increase from 2011.

The transaction involves approximately 3,000 accounts and $1.7 billion in assets under administration, which represent non-target business for Citi Private Bank’s trust business.