Practice

RBC Wealth Management is expanding its presence in Texas. The Minneapolis-based broker-dealer has added six veteran financial advisors from Morgan Stanley to its office in Austin, Texas.

Joseph Contorinis, an ex-Jefferies Paragon Fund money manager convicted of insider trading in 2010, can be ordered to pay $7.2 million for profits he made for the fund from the scheme, a federal appeals court ruled.

The Minnesota Society of CPAs recently conducted its annual CPA member survey about the most strange and unusual tax deductions proposed by clients. The responses included everything from pets and wedding rings to gifts not given.

Our IRA expert answers questions about the IRS's 6% penalty on excess IRA contributions and the five-year clock on Roth IRA fund transfers.

Slowing traffic is forcing banks to train branch staff in the art of making proper referrals, while pushing advisors to be more proactive, say program managers.

(Bloomberg) -- Fidelity Investments, the second- largest U.S. mutual fund company, reported a 13% increase in operating income last year as the rally in equities boosted assets.

Don't ask when clients want to stop working, instead ask what they want to do next, says one practice management expert.

From wirehouse CFPs talking about not telling clients they weren't really fee-only to industry researchers discussing the opportunities for advisors with LGBT planning expertise, here are the most notable quotes from the past week's stories.

The board approved a rule proposal that would impose new limits on financial advisors' ability to remove information about customer disputes from BrokerCheck.

A cross-border practice in the Southwest appeals to Canadians seeking better weather and favorable tax treatment.