Practice

Legend Financial Advisors has found success through monthly webcasts, focusing either on a financial planning or investing topic, sometimes chosen based on demand from a client.

More than half of the nation’s affluent investors (52%) report that their net worth has grown at least 20% since 2007, and 73% believe they have “a lot of control over their financial future.”

Consumerism has, for the most part, taught us that satisfaction is the standard. But Ron Carson writes that, in the financial advisory business, satisfaction is unacceptable. Satisfied clients are not loyal clients and loyal clients are the only good clients.

More seniors are concerned about Medicare than about any other financial issue, topping even those who are worried about having enough money to enjoy retirement, according to a survey by Allsup.

Morgan Keegan & Co., the brokerage firm acquired by Raymond James Financial Inc., was ordered by a federal appeals court to pay a group of 18 investors a $9.2 million arbitration award.

The hybrid RIA firm says it chose LPL after a 'Bachelor'-style bakeoff.

Orion’s accounting and performance review software provides SWS advisors with performance dashboard.

SEC chairman Mary L. Schapiro said there is not a substantive effort to review the agency’s “clearly erroneous” trade rules, even though Knight Capital took $457.6 million in losses after a flood of erroneous trades on August 1.

Marc Jimenez, former regional director for Dimensional Funds, a $240 billion mutual fund family, has joined Cambridge Southern Financial Advisors to run the firm’s new Denver office.

Principal Funds’ president and CEO Nora Everett has been elected to the Investment Company Institute's Board of Governors.