Practice

Women advisors need to stop excluding themselves from male-dominated events if they want to continue rising through the ranks, advisors said at the NAPFA National conference in Chicago.

For Mother’s Day, millions of American women could use the gift of solid retirement planning. But before offering investment advice, wealth managers need to know the challenges women face. Here are 10 of the biggest.

Tom Nally, TD Ameritrade Institutional’s new president said during a keynote address at NAPFA, that when it comes to appealing to women investors, advisors can't "just think you can change your font to pink and you have it covered."

On May 11, 2012, Mary L. Schapiro said the Securities and Exchange Commission intends to directly “confront’’ a new round of long-term reforms to the nation’s money market mutual funds.

Chairman Mary L. Schapiro said Friday that the SEC is in the midst of “honest open debate” on additional reform for the $2.6 trillion money market mutual fund industry. But she did not commit the SEC to proposing their net asset values be allowed to float, as a means of preventing a future run.

Regulators in nations around the world, including fast-developing markets, don’t know quite what to make of the asset management business, fund executives said.

FINRA is substantially underestimating the costs to set up a self-regulatory organization for investment advisors, according to a review by an outside consulting firm. In response, FINRA says the review should be viewed with “skepticism and amusement.”

For years, advisors have waffled their way into utilizing social media, but most are failing.

This week, IRA expert Ed Slott answers investors’ questions about the five-year rules for Roth IRAs.

Marc Cox, a reporter/anchor in St. Louis, will leave the station in May to become a financial advisor with Edward Jones there. Cox said he hopes to be licensed, trained and “ready to go” by late August.