Practice

When individuals are faced with too many options they become paralyzed and don’t make the best decisions -- even when it comes to 401(k) options, according to a new study co-authored by Columbia Business School and University of Chicago Booth School of Business.

Not enough Americans are saving for retirement -- and the ones who are, aren’t saving enough. Which is why ING’s retirement division has launched a number of programs to help encourage individuals to save more in their defined contribution retirement plans.

Growing a financial planning business for the future means developing strong talent across generations and providing holistic planning that goes beyond just investment management, according to the advisors at Dallas-based Lee Financial Corp.

U.S. retirement assets rose 3% from year-end 2010 to $18.1 trillion as of March 31, the Investment Company Institute said.

Did the Treasury Department act inappropriately when it sent a highly publicized — and very critical — comment letter to its own bureau objecting to a pending proposal? That's the question that was sparked in policy circles this week after the Obama administration blasted the Office of the Comptroller of the Currency's preemption plan, arguing it violated the intent of the Dodd-Frank Act.

Clients who serve as trustee of an insurance trust may get more than they bargained for if the life policy is not performing.

A new chapter of estate planning begins after a client passes on.

Depending on who you talk to, early August will either be a colossal financial disaster, or just another week of good beach weather. It comes down to whether you think that Congress will reach some sort of deal to raise the national debt limit.

The solution may lie in a three-step approach: segmenting your client base, defining your service standards for each segment, and then settling the appropriate client expectations.

Knowing your personality, and your client's, is a start but it's not enough—you also need to know the chemistry.