Practice

Alleged violation centers on how his compensation was reported, he tells Financial Planning.; CFP Board says Goldfarb ‘is not correct’

Look for more flexible offerings from MFS Investment Management thanks to new funds in its target date suite.

Two members of CFP Board’s disciplinary and ethics commission also resigned; chairwoman-elect Kistner will start her term early.

Mid-sized banks that mostly let Wall Street and small firms speak for the industry during the debate over the Dodd-Frank Act have decided it’s time to carve out their own agenda in Washington.

Financial Planning talked with ING Financial Partners president, Karl Lindberg, about why a solid understanding of retirement income planning is so important for advisors and their practices.

ING Financial Partners, the broker dealer of ING U.S., has developed a new practice management program designed to help financial advisors address lifetime income planning needs of their near-retirement clients.

Ultimately, damages to the region could amount to $50 billion, according to Jim Kane, president of personal insurance at HUB International. Even at this early stage, he says, there are several pieces of advice that planners can (and should) offer to clients who are contending with damages.

Times have changed, of course, and advisors and their clients interact with each other and with financial data in more dynamic ways. Clients have easy access to abundant consumer-oriented financial data and sophisticated investment analytical tools. They also expect their advisors to produce answers whenever they want them, no matter where the advisor might be at the time the question arises.

The Financial Industry Regulatory Authority has decided to implement a number of regulatory changes designed to help firms and advisors whose business was affected by Hurricane Sandy.

The vast majority of boomers are not prepared for retirement and have put saving on hold until the economy turns around.