Practice

Since the implementation of a new set of registration requirements under the Dodd-Frank financial reform bill, the regulatory landscape for investment advisors has shifted dramatically, according to data compiled by the SEC's Division of Investment Management.

Change is in the air for money market funds and this time it looks like proposed reforms, in whatever form they may take, are going to stick.

“The financial advisor is critical, as he or she has the job of opening the estate and trust accounts," Peter Lang wrote in a white paper. "This can only be done once the will has been probated, the executor has been appointed, and a Tax Identification Number has been issued by the IRS.”

Invesco Distributors, the US distributor for Invesco Ltd.'s retail mutual funds, exchange-traded funds and institutional money market funds, has launched an iPad app for advisors who work with defined contribution retirement plans.

The world’s biggest investors say the rout that erased $1 trillion from the value of global equities after President Barack Obama was re-elected overlooks the fact that the world economy is improving while U.S. leaders start discussions that may avoid the so-called fiscal cliff.

Principal Global Investor has named Mihail Dobrinov head of the emerging market equities team, responsible for the management of $9.3 billion in assets, including portfolio management of the $1.62 billion Principal International Emerging Markets fund and $1.8 billion in Asian regional mandates.

In the wake of a settlement of a patent infringement lawsuit involving two major financial planning software products, both sides are proclaiming victory.

Many people use LinkedIn to search for a new job. As a financial professional, you want to use LinkedIn to search for new prospects, and strengthen your relationship with current clients. So in a way, your LinkedIn profile is like a mini-resume. Your profile is successful if it helps prospects and clients have confidence in your abilities and want to engage your services.

Bruce R. Bent II, president of the failed $62.5 billion Reserve Primary money-market fund, was found liable for one claim that he negligently violated a securities law while his father was absolved of any liability in a lawsuit brought by the Securities and Exchange Commission.

Bruce Bent II, president of the failed $62.5 billion Reserve Primary money-market fund, was found liable for one claim that he negligently violated a securities law while his father was absolved of any liability in a lawsuit brought by the U.S. Securities and Exchange Commission.