Practice

Citigroup Global Markets paid a $1 million penalty to New York State for overcharging more than 47,000 customers. It will also reimburse the customers.

While some experts recommend annuitizing at least 25% of savings to generate guaranteed income in retirement, clients should weigh other options before making a decision.

Nearly half of U.S. clients would switch to tech giants for advisory services, according to a new study.

FINRA accused the rep of "structuring" transactions by making cash deposits into her personal savings account in amounts under the currency transaction reporting threshold of $10,000.

Technology is getting faster and smarter. Luckily, advisers have a natural-born defense — but first must learn how to use it.

The threshold would mark an end to a three-decade bond bull market, according to billionaire bond manager Bill Gross.

The new year is off to a busy start with deals worth $250 million.

The U.S. ranks poorly among 14 developed nations, with U.S. females having the shortest life spans and U.S. males the second shortest.

See which of the top firms added, retained or even lost clients in the past year.

Even when they have a retirement plan, it is likely to be astronomically more expensive than those offered by large companies.