Practice

Hurricane Irene is expected to make landfall Saturday in coastal North Carolina and hit the turf that houses the data centers that make up Wall Street on Sunday.

Compliance professionals don’t think the Dodd-Frank Wall Street Reform and Consumer Protection Act will lead to a significant increase in compliance spending this year and they expect more money will be allocated to technology rather than education and consulting, according to a new study conducted between March and April by National Regulatory Services (NRS).

Steve Jobs' resignation as Apple Computer's chief executive may prove a mixed bag -- but a critically important one -- for banks.

A former Morgan Stanley Dean Witter stockbroker was sentenced this week to almost five years in prison and ordered to pay his former employer $1.5 million in restitution in connection with fraud charges.

At focus11, LPL Financial's national conference held earlier this month, it was clear that social media was clearly more than just a casual "focus" for the 5,000-plus attendees. Along with several well attended sessions, LPL had a station on the exhibit floor dedicated to the topic that enjoyed constant advisor traffic.

The website of the Morningstar firm went down for an undisclosed period Tuesday, the same afternoon an earthquake rattled the East Coast from a site near Mineral, Virginia.

Broker-dealers don’t have to track every message sent through social media -- only ones that relate to business purposes. And unscripted interactions? They can be reported after they occur.

As the cost of college soars and many state institutions are charging as much as $36,000 a year for out-of-state students and private college costs approaching more than $50,000 a year, the percent of total costs families say they are able to cover themselves has fallen. Yet most advisors aren't recommending 529 college savings plans to their clients.

More than half of fee-based financial advisors plan to sell their businesses prior to retirement, according to Tiburon Strategic Advisors, in Tiburon, Calif. That means there is ample opportunity for other firms to quickly add scale through acquisitions. Here are six critical pieces of information every advisor or firm needs to know before making any deals.

Broker-dealers don’t have to track every message sent through social media -- only ones that relate to business purposes. And unscripted interactions? They can be reported after they occur.