Practice

The Senate Banking Committee will meet Thursday to vote on whether to recommend the Senate confirm two nominees to the Securities and Exchange Commission.

When we think about post-traumatic stress disorder, we typically envision combat, tornadoes, and hurricanes. But PTSD is not limited to life-threatening events. Events threatening financial security (and even career-security) can be very traumatic.

Kenneth R. Lench, the chief of the structured and new products unit at the SEC’s division of enforcement, is leaving at the end of the month.

Wealth management is “significantly behind” other industries in adopting emerging mobile technology to interact with clients, according to Darrin Courtney, research director for Boston-based CEB TowerGroup. How can advisors change this trend?

Hedge funds have beaten the FDIC in a series of legal disputes over the assets of bankrupt holding companies, exposing a serious flaw in the regulator's system for recovering value from failed institutions.

Instead of comparing clients to a benchmark, investors want their advisors to assess performance based on specific goals, according to Catherine McBreen, president of the Millionaire Corner – a research organization focused on understanding investor decision-making.

Private banking, trust and brokerage units have each enjoyed periods when they were the big guys on campus. But now no one group is more important than the other.

When Wells Fargo Advisors held a conference to discuss elder financial abuse, it seemed at times like nearly every one of the 200 people in attendance was personally acquainted with a family member or friend who has been victimized. But Danny Ludeman, the CEO of Wells Fargo Advisors, write that perhaps that’s not surprising, given the scope of the crime and the rate at which it’s growing.

To put it bluntly, James Gandolfini’s estate is a mess. His faulty estate planning provides a good lesson of the types of complications that can arise for clients who rely heavily on a will.

Readers weigh in on HSBC’s decision to put its advisors on salary.