Practice

Most believe without action to address tax cuts and spending cuts that are set to roll out at the end of the year, economic conditions will worsen.

Independent business owners associated with broker-dealers have a real chance today to capitalize on the frustrations that wirehouse advisors are experiencing with regard to increasing compliance burdens, lack of support and compensation limitations. Mindy Diamond says that a big problem, however, is that most of the firms these principals represent are not positioned properly to benefit from this unique opportunity.

Kevin Keller, the CEO of the CFP Board of Standards, says that the fiduciary standard will remain a hot button issue in 2013. In the second part of a four-part interview, he also discusses dealing with criticism after the organization raised fees last year.

It’s a conflicted time for American investors who are both worried about their preparedness for retirement but also terrifically gun shy about taking on new risk to help pay for it, according to a new study of 702 U.S. residents who range in age from 18 to 67.

With an eye toward the future and likely also toward steering the Facebook generation toward its own website, Fidelity Investments launched a new app for Facebook, called FutureTimeline, which allows users to set long-term financial goals and track their savings toward shorter-term goals, like vacations or buying a new car.

The trade group's annual gathering showcased an industry less preoccupied with stabilizing itself and adapting to new regulations — and more interested in looking toward the future.

Flexibility, the ability to customize one’s practice and the entrepreneurial nature of being an advisor make the financial planning profession a great career for women, according to participants of a roundtable discussion held by Guardian Life Insurance.

The liquidation of boomers' assets will be the biggest opportunity for advisors over the course of the next 20 years, according to Tiburon's Chip Roame. Advisors just need to get past the bad attitudes.

Janney’s 32nd hire in their private client group this year, George Keith will be complex manager in Darien, Conn.

John Hancock has made its recently renamed "Retirement Choices At" series of target date funds available to retirement plan sponsors.