Practice

Francis Picarelli has been promoted from vice president to senior vice president at consulting shop Segal RogerCasey.

Banks could boost the profitability of their wealth management programs if they integrated their private banking, trust and brokerage businesses.

Three new reports suggest that the wealth management industry still needs improvement — and hint at a slowdown after recent growth.

One key element separates the fastest-growing RIA firms from their peers, according to a new Schwab report.

One expert predicts that at least half of the top 30 U.S. banks will move advisors to a salary-based compensation system in the next two to three years.

Warning of a growing public pension debt crisis, Sen. Orrin Hatch introduced reform legislation on Tuesday that would allow state and local governments to invest in annuity contracts with private life insurance companies.

For a financial advisor, unpredictable stock market fluctuations, hostile calls from clients, being responsible for managing clients’ retirement nest eggs, overwhelming paperwork, and compliance/fiduciary issues are events and situations that potentially could cause such a fear. The key word here is “could,” because fear and anxiety do not have to result from dealing with such situations.

Michael Brannam and Patrick Brannam will join the firm’s Jacksonville, Fla., branch, where they will be equal partners of Brannan Wealth Management of Raymond James.

Merrill Lynch Wealth Management hauled in four advisors with $434 million in assets from Morgan Stanley.

The uniform fiduciary standard has become a holy grail of sorts for the financial advisor industry, but it's not quite that simple.