Practice

Airgead Clann, a California independent investment advisor, announced they will proceed with a FINRA arbitration against Charles Schwab regarding the abrupt termination of their investment manager service agreement in October.

New analysis from a nonpartisan group shows that JPMorgan officials accounted for 18% of all industry meetings with the Fed concerning Dodd-Frank implementation over the past two years, while JPMorgan accounted for 17% of all meetings with Treasury. Goldman Sachs, which also held hundreds of discussions with regulators, focused mainly on the CFTC.

Many CPAs are passive in nature and afraid to ask clients to pay them extra for financial advice. Yet, often they are better positioned even than planners to suggest tax-efficient investment strategies.

Fidelity survey finds that wealthy investors are especially upbeat about consumer confidence and spending right now but still remain very concerned about real estate prices.

Ask Ed Slott: Your IRA Expert answers readers’ questions about the best way to pay for taxes resulting from an IRA conversion.

Advisors and firms need to get over their aversion to audits and, instead, use them as an opportunity to improve client service and internal efficiencies.

Employees are willing and able to save more money for retirement through their workplace retirement plans. They just don’t know the best way to do it.

BlackRock Inc.’s Laurence D. Fink, who heads the world’s largest asset manager, said his firm needs to capture a larger share of the deposits that are going into U.S. equity exchange-traded funds.

On July 18, 2012, Franklin Templeton Investments has named Andrew Ashton and Dennis Rothe to new roles overseeing consultant/gatekeeper relations and investment research for the company’s International Advisory Services and North America Advisory Services divisions, respectively.

On July 18, 2012, Dimensional Fund Advisors wants to bring its academic-based research investment management approach to the Asian markets.