Practice

A federal judge in Dallas ruled against a $21 million settlement between Securities America and class action plaintiffs.

Alternative investment funds which need to register with the Securities and Exchange Commission for the first ttime will find it a costly process, according to research firm Aite Group.

More investigation as to how a uniform fiduciary standard would affect consumers and the market is needed, a group of House lawmakers said in a letter to the SEC.

By following six simple steps, advisors can improve their writing and marketing communications.

Financial advisors spend too much time “running their practices like practices instead of like businesses,” says David B. Loeper, CEO of Wealthcare Capital Management, a Richmond, Va. a firm that provides services to advisors. And doing so decreases the number of clients they can serve and the overall value of the business, he says.

People are living longer, working to an older age and largely underestimating how much money they'll really need to afford the retirement they've always envisioned.

The most critical component of any advisor/client relationship is communication, but it seems clear from an MFS Investment Management survey released on Monday that advisors and investors are speaking a different language.

Securities and Exchange Commission officials are urging market participants to provide their views about the muni industry and how it can be improved, after the SEC was forced by budget cuts to suspend a series of field hearings that were to be held around the country.

This is according to a survey of nearly 24 large financial firms by Hearts & Wallets.

Bankers are divided over the seriousness of a provision in the Dodd-Frank Act that would repeal Regulation Q and allow banks to pay rates for demand deposits.