Practice

Judge Jed S. Rakoff says the law requires broad latitude be given to SEC.

Morgan’s new investment chief Gregory Fleming beefs up his team.

RBC continues its success in attracting UBS advisors.

Last year, the company’s annuity sales rose 58.3% to $16.3 billion from a year earlier as fourth quarter sales rose 71.4% to $4.8 billion from the previous year.

Even those who have used a financial planner and think favorably of them support regulation.

MIAMI -- Nearly two years after the collapse of Bear Stearns tipped off a global financial crisis, many people are still frustrated, confused, afraid, angry or resentful. Investors, regulators, legislators and Wall Street executives occasionally look for someone to lash out at, but no one is sure whom to blame or how to prevent such a disaster from happening again.

Many financial institutions are significantly underestimating the impact that new cost-basis rules will have on them, according to a study by research group TowerGroup and technology vendor Scivantage.

Are recent changes to variable annuities making them harder to sell?

Only 47% of U.S. respondents were living their ideal life in their golden years.

Many advisors don’t have the practice they thought they would 30 years down the road. That can change—all you have to do is close the gap.