Practice

The New York-based platform outsourcer and service provider for large wealth management firms is beefing up its business development team, vowing to become much more aggressive in going after new clients.

The SEC said Tuesday that it has "increased its attention to securities violations by municipalities and other participants in the market for securities of cities and other governmental issuers," but did not give any statistics.

Companies usually keep a low profile when the SEC investigates them. Robert DePalo decided to sue.

Unlike many ultrahigh-net-worth individuals and families, the new rich rely primarily on income from their jobs for their wealth.

Seeking to avoid the "embarrassment," "annoyance" and "expense" of a lawsuit, the CFP Board is asking a federal judge to quash most requests for documents and depositions from two planners who are suing the organization.

The Office of the Comptroller of the Currency on Friday closed Texas Community Bank, a $160 million-asset institution located north of Houston.

Tax practitioners will be charging more this year for tax preparation, according to an annual survey by the National Society of Accountants.

Whether you are planning to sell your business to an outside party, thinking of implementing an internal succession plan to transfer ownership to the next generation, or considering the strategic acquisition of another wealth management firm, an understanding of the true drivers of valuation is critical.

Only 42% of couples who have advisors work with them jointly, according to a new Fidelity study. Here's one way to fix the problem.

The Federal Reserve Board on Friday announced the new chairs of the 12 Federal Reserve Banks for 2014.