Practice

Advisors should review their employment contracts and other documents to make sure they won't incur liability for taking client information.

The brokerage model as the industry knows it may be pushed aside by a future fiduciary standard.

Complacency is the latest threat facing federal employees.

Major corporate pension funds incurred an investment return of 9.7% from their hedge-fund investments last year, lower than 13.7% earnings and dividends posted by the S&P 500; Plus, how much of a client retirement portfolio belongs in bonds.

Debra Ann Paton worked in the brokerage unit of First Tennessee Bank in Johnson City, Tenn. She was expelled for allegedly filing phony expense reports.

A new Fifth Third social media campaign offers recent college graduates free one-on-one career counseling. The initiative is part of a trend of banks allocating marketing dollars to unusual perks and charitable giving to differentiate their brands.

Advisors should check to see if both their old firm and new affiliated firm have signed on to the industry protocol for taking client information.

"There’s a huge opportunity for wealth managers to provide advice and services around social impact," says Capgemini’s William Sullivan.

Wells Fargo Advisors hopes to have 5,000 out of its 15,000-plus advisors using social media tools next year.

Wealthfront CEO Adam Nash says “Silicon Valley optimism” will help reimagine and redefine financial services.