Practice

Cyber crime has become the second most common type of economic crime being experienced by financial services firms, after asset ‘misappropriation,’’ according to a survey by PricewaterhouseCoopers.

In order to make better financial decisions, investors need simple, easy-to-understand disclosures written in plain English and provided before they hire a planner, the CFP Board recommended to the SEC.

The independent broker-dealer network National Planning Holdings, Inc. has named Frank Hayn vice president of retirement plans.

A typical fee-based advisor undercharges clients by about $20,000 each year, according to a presentation on the PriceMetrix site.

Bank of America today released a its own version of a multiple employer plan for small businesses, dubbed Merrill Edge Small Business 401(k), targeting plan sponsors with 401(k) plan assets under $250,000.

Standard Retirement Services, Inc. is launching two enhanced retirement plan websites to provide advisors, plan sponsors and participants with a “more informative and intuitive online experience”.

BATS Global Markets chief executive Joe Ratterman told customers and members of its exchanges that last week's "failure to perform as expected has no excuses.”

Running a planning practice takes you into a lot of chicken-and-egg situations, such as needing to have scale before you can get the tools you need to grow. Bob Veres has answers for RIAs starting out or struggling to grow their firms.

The founder of Veritable, the country’s third-largest RIA, says his firm’s new partnership with wealth management giant Affiliated Managers Group is part of a broader effort to build a business that can last for generations.

A shift in American investor appetite towards investment outcome, as opposed to relative return, is changing their buying behavior, according to research published by Casey, Quirk & Associates and the eVestment Alliance.