Practice

Where you live may have a big impact on both your emotional and financial preparation for retirement, according to survey released Tuesday by Ameriprise Financial.

Forty percent say they are likely to invest in cash over the next 12 months, while 23% plan to buy equities, according to survey.

The Securities and Exchange Commission said its investigation exposed "egregious" conduct in municipal investing.

Rep. Spencer Bachus was formally selected by the Republican Steering Committee on Tuesday to serve as chairman of the House Financial Services Committee next year.

The new appointments bring the company's total new advisor hires for 2010 to 50.

Advisor Michael Leanza says that “active-passive” capital preservation with upside potential is turning his wealthy clients into advocates.

Far from being partners, observers said Rep. Barney Frank and whoever the GOP picks to succeed him as Financial Services Committee chairman are likely to be at loggerheads.

If you want to grow your advisory business you’ll need to create a defined process with clear goals and ensure all of your staff are on board, said Spenser Segal of ActiFi at the IMCA conference in Vail, Colorado on Monday.

If you want to know what the outlook will look like for 2011 look back at 2010, said Jeffrey Kleintop of LPL Financial in his opening remarks at the IMCA Practice Management Conference in Vail, Colorado on Monday.

Tech guru Kip Gregory offers his guidance to take advisors the next level.