Practice

The regional firm continues to snatch multi-million dollar teams from the wirehouses.

Setting up an investment account for every newborn, with the federal government seeding it with $7,000, might be a solution to the looming Social Security crisis, says expert.

“He became very unreasonable.” It soon backfired when adviser Michael Martin bowed to pressure from a client to take on his father-in-law.

Retirees are advised to adopt a less aggressive approach to investing and reduce their risk exposure.

Implementation of fiduciary rule could drive more IBDs to seek safe harbor with large partners.

The group says it wanted to offer clients greater transparency.

The firm has collected more than $1.1 million in arbitration cases so far this year.

The new hires help the firm further expand its presence in the Southeast, an executive says.

Clients should not underestimate the impact of taxes on their income after they retire, as their tax liability could reduce substantially their net earnings.

Regulators now use deeper dives into specific areas rather than broad probes, experts say.