Practice

Wilmington Trust has tapped industry veteran William T. LaFond to head up its wealth advisory business in the Washington, D.C., and Richmond markets.

Legacy expert attorneys Danielle and Andy Mayoras say the legal battle between two feuding CEOs provides yet another example of why it’s so important for advisors to make prudent succession planning decisions as their firms grow and evolve.

Mutual fund assets within Defined Contribution Investment Only programs, which are used to support 401(k) retirement plans, have been growing in size and disparity in recent years.

Genworth Financial this week debuted a free, web-based mobile app that lets investors and advisors calculate their expected long-term care expenses from their iPhones or iPads and, simultaneously, get down to the business of adjusting their long-term financial planning goals to meet these rising costs as they age.

In April 17, 2012, Two industry bodies, the Investment Company Institute and the U.S. Chamber of Commerce, filed a suit in the U.S. District Court for the District of Columbia challenging the amendment to Rule 4.5 of the Commodity Futures Trading Commission

The Vanguard Group was recognized as the most effective full service investment advice brand online by Heardable, a firm which measures corporate online performance.

J.P. Morgan has been on a two-year push to set itself apart by developing a trading system that works with almost any execution management system on any asset. But it only matches orders that matter.

Non-bank financial companies, including mutual fund operators, should get ready to find out whether they will be designated a "systemically important financial institution," aka, SIFI, now that the Financial Stability Oversight Council released final rules on April 3, according to Federal Reserve Chairman Ben Bernanke.

The SEC charged four executives of what is now a Charles Schwab Corp. subsidiary as well as one customer with selling billions of dollars worth of securities they could not deliver.

After a long, winding legal road, involving no fewer than six federal court decisions, Ameriprise Financial finally won a suit alleging that it had charged excessively high advisor fees.