Practice

High net worth individuals are relying more on advisors and structured products to reach philanthropic goals, according to Bank of America commissioned study.

The new practice management program includes retirement seminars, educational materials with action plans, online tools and a structured framework that financial advisors can follow with their clients, the company said.

The firm is adding a senior regional director of branch office development to boost recruiting efforts.

How to utilize social sites effectively is on everyone’s mind these days, and most advisors can readily understand how to use a site like LinkedIn for business contacts. But what about Facebook? Does a site that traditionally features family pictures and silly contests really help you promote yourself and your services?

Worried about possible flooding from Hurricane Sandy, Lancaster, Pa., planner Rick Rodgers spent Monday night at the fortified headquarters of his namesake firm -- a building that looks like a mansion on a Southern plantation.

Neil Bathon, founder of Fuse Research Network, has big plans for the research shop.

While many major financial firms and residents have geared up for Hurricane Sandy and its potentially devastating impact, are advisors and their practices ready for such inclement weather? Do they know what to do? Jude Boudreaux, an advisor whose practice, Upperline Financial, based in New Orleans, has some tips.

State securities regulators brought 399 enforcement actions against investment advisor firms in 2011, nearly double the total from 2010.

When the CFP Board embarked on an ambitious four-year, $40 million marketing campaign to boost public awareness of its certification, the group knew that measuring effectiveness would be an integral part of the effort.

As Hurricane Sandy bears down on the East Coast, people in the path of this storm are preparing, but are they prepared for its aftermath, when the life and property damage has to be assessed?