Practice

Following a difficult August, confidence among millionaire investors saw its largest increase in more than a year.

At least two lenders — Popular and Huntington Bancshares — and possibly a third, U.S. Bancorp, are planning to cope with the high cost of regulation a different way.

FINRA is proposing all-public arbitration panels in a rule it’s filing with the Securities and Exchange Commission next month, following a two-year pilot program.

Putting advisors’ fate in the hands of non-industry participants is dangerous, some argue, while others say the process should be scrapped altogether.

Vanguard lowered fees on its Nevada 529 as Fidelity adds bank deposit option to its 529 plans.

When building the book you want, turning down prospects who aren’t a good fit can save both of you a lot of heartache down the line.

Fidelity Investments has added a Bank Deposit Portfolio to its five direct-sold 529 college savings plans: New Hampshire’s UNIQUE College Investing Plan, California’s ScholarShare College Savings Plan, Massachusetts’ U.Fund College Investing Plan, the Delaware College Investment Plan and the Fidelity Arizona College Savings Plan.

President Obama signed the Small Business Jobs Act into law on Monday, providing $12 billion in tax breaks and a $30 billion lending fund for small businesses.

The move underscored the difficulty of implementing the Dodd-Frank regulatory reform law, which requires regulators to act independently and in concert with other agencies.

Retirement is being rejected by a new breed of wealthy workers.