Practice

Among other things, the rules are expected to keep executives or employees of credit rating agencies from going to work for the companies whose credit they have rated, for at least one year. The proposals are also likely to block agencies from having a person who markets its products or services also participate in its ratings.

Baby Boomers are getting older and so are their advisors which means it's high time to start planning for the next chapter for both parties. But it's easier said than done.

Evolve or perish. That was the general theme of the opening keynote address here today at the National Association of Personal Financial Advisors' national conference delivered by Doug Lipp, a motivational speaker, author and former head of corporate training at Walt Disney University.

The new recruits previously handled $1.5 billion in assets under management at Bank of America Merrill Lynch, Citi Private Bank, Morgan Stanley Smith Barney and Oppenheimer Holdings.

The advisory profession needs to create a repeatable and transparent experience that is client-centric, similar to what iTunes did for music lovers and Starbucks did for coffee aficionados.

While Whitney Houston was recently admitted to rehab, she has one other big concern that she still has to face - her no-holds-barred court fight with her late father’s widow.

Myriam Soto and Douglas Schaenen will serve in new managing director roles, working to help expand BNY Mellon’s international wealth management business.

Fidelity gives investors side-by-side comparisons of options available to them when switching jobs.

Kasina says the asset management firms listen to and engage with their audiences.

Top officials at the FHFA have watched with alarm as the level of the Federal Home Loan banks' investments has surged, sometimes surpassing the level of their advances.