Practice

The revised proposal would require brokers to disclose to clients the compensation they receive when jumping to a new firm.

Most managers have not yet realized the full potential of social media, or set corporate policy, to augment their institutional sales and marketing efforts.

Fewer than 14,000 American households received 5.6% of adjusted gross income in 2012, according to data released by the IRS that underscore the increasing concentration of income.

Nearly all the top bank insurance programs in the nation established a profiling process to gather data on their customers' life insurance needs, according to an industry study.

In all, 81% of advisors surveyed said they used or recommended ETFs versus 78% who used or recommended mutual funds, according to an annual FPA survey.

Trust is integral to any advisor-client relationship -- but what happens when clients hold back information that's critical to their financial health?

Clients are advised to name a beneficiary and back-up beneficiary of their accounts, and designating a trust is a good option if there are children from a previous marriage; Plus, how to prepare for a long retirement.

Surviving spouses will require hands-on help from their advisors to get important tasks done -- before and after a loved one's death.

Surviving spouses will require hands-on help from their advisors to get important tasks done -- before and after a loved one's death.

Richard Ketchum voices support for SEC to move on a uniform fiduciary standard for brokers and advisors, while warning of unintended consequences from DoL's proposal.