Practice

Wealthy clients who frequently request services beyond traditional financial planning can create a challenging balancing act for advisors who serve this highly sought-after client base.

It's not just young investors with few resources who go online to research advisors. Even HNW individuals will check out your cyber bona fides.

People underestimate the chances of dying from likely causes, like heart failure, while overestimating the chances of dying from an unlikely cause, like murder. This can cause big mistakes in retirement planning.

A "sunset program" for soon-to-retire advisors is already underway at some banks. But there is still much to be done, industry executives say.

In particular, the commission is looking for cases when advisors trade on behalf of clients without written disclosure and consent, or fail to process a trade on the most favorable terms for their clients, says an enforcement division co-chief.

Unity Bank, a subsidiary of Unity Bancorp, has opened a new division that will offer a wide range of investment products and services aimed at helping customers to grow and preserve wealth.

Thousands of Credit Suisse Group’s U.S. clients still don’t know whether tax authorities will learn their identities as prosecutors work to conclude a three- year probe of how the bank helped them evade taxes.

OCC bank examiner says banks have given their programs too much latitude and need to reclaim a more active role in oversight.

Deciding when to claim Social Security is one of the biggest financial decisions your clients will ever make and you need to be able to frame the discussion properly in order to help.

The advisor groups advocating for SEC vs. FINRA oversight of the RIA sector are turning their lobbying efforts away from the House.