Practice

On the heels of the Financial Planning Standards Board's semi-annual meeting in Washington, D.C., top leaders of the Certified Financial Planner Board of Standards offered an update on the group's agenda, which remains dominated by policy advocacy and an ambitious public awareness campaign.

Many of the nearly 1.6 million nonprofits and charities in the country are in need of advisory services. With assets growing at 8.5%, this group represents a healthy market for advisors looking to grow their client base, according to Gary Price, managing principal at Fund Evaluation Group.

Retirement plan administrators and advisers take note: It’s not a company’s size but rather the demographic makeup of its workforce that influences whether it sponsors a retirement plan.

Given the initial coverage, you might think that the sad story of MF Global’s demise is all about John Corzine.

Bank of America Merrill Lynch’s new data on 401(k) plan sponsor clients and plan participants shows that new loan issuance transactions are at record lows, while hardship withdrawals and total distribution amounts are at record highs.

Advisors take note: It’s not a company’s size but rather the demographic makeup of its workforce that influences whether it sponsors a retirement plan.

The Municipal Securities Rulemaking Board would for the first time require broker-dealers to disclose to state and local governments that they are not fiduciaries and would prohibit underwriters from telling issuers not to hire financial advisors, under revised rule changes it filed Thursday.

Growth in its information technology and services business accounted for 11% of the $105 million increase in net revenue that NYSE Euronext reported for its third quarter.

The waves of financial regulations that are being introduced around the world "represent some of the biggest changes in financial services in 70 years." Here's what's changed and what you and your firm can do now to meet these new regulatory requirements.

Lincoln Financial Group has introduced Lincoln Alliance, a mutual fund retirement solution designed for small-to-mid-sized retirement plans with assets of $2 million or more.