Practice

It's no secret that the rise of mobile devices has created one of the largest shifts in consumer behavior in the last 40 years. ABI research reports that 1.2 billion smartphones will enter the market over the next five years and Morgan Stanley predicted that web browsing on mobile devices is likely to overtake desktops within the next couple years. Is your website keeping pace?

President Obama will likely win a second presidential term in November, but the election's outcome for policy and investing will likely not be as decisive, according to a research report released Wednesday by UBS Wealth Management Americas.

As efforts to apply stricter fiduciary and disclosure requirements on broker-dealers slow, the Institute for the Fiduciary Standard, a one-year-old think tank that advocates for uniformity, met with Mary Schapiro, the Chairman of the SEC, to make its case.

With an eye on extending a fiduciary standard to all, the Institute for the Fiduciary Standard sent this declaration.

ProShares this week got some good news from the United States District Court for the Southern District of New York, which dismissed, in its entirety, the class action lawsuit filed against the firm in 2009.

Wells Fargo Advisors has extended its summer hiring spree with the addition of two Morgan Stanley Smith Barney advisors with $127 million in client assets under management.

With so many financial services-related conferences vying for the attention and attendance of advisors and wealth managers, how do you determine if a particular conference is worth committing to and what are you really hoping to get out of it?

The departure of Chief Executive Officer Mark Fetting from embattled money manager Legg Mason has the firm reshuffling its top management in the face of a looming face-off with hedge fund manager Nelson Peltz of Trian Fund Management.

Seeking confidential access to brokers looking to make a transition, Securities America has signed a new agreement with online company Join A Firm that will cover costs for its branches to maintain profiles on the recruit-matching site.

The Financial Services Authority has fined BlackRock Investment Management (UK) Limited £9,533,100 (US$15.2 million) for failing to adequately protect its clients’ money market deposits and for failing to have controls in place to protect its money market deposits.