Practice

Two Florida planners have asked the court to sanction the CFP Board. The organization calls the suit "without merit" and declined to answer dozens of questions in the first deposition.

A federal district court judge has ruled in favor of the federal government in a lawsuit claiming that the IRS did not have the authority under the Affordable Care Act to write rules providing tax credits to individuals purchasing health insurance on the new health insurance exchanges.

The $1.3 billion Rockville, Md., advisory firm has added two prominent advisors to its team, adding roughly $50 million to Highline's assets under management.

The FPA and other organizations calling for stricter regulatory oversight of investment advisors reacted with dismay to the omnibus federal spending bill unveiled this week, which they say will leave the SEC unable to effectively police the industry and protect investors.

Senate Democrats' decision to change filibuster rules has shifted the composition of a powerful federal appeals court, a move that could bolster the banking agencies against future industry challenges to the Dodd-Frank Act.

Federal regulators released an interim final regulation late Tuesday designed to fix a problem with the Volcker Rule that would have caused hundreds of banks to take writedowns on certain assets.

America's emerging millionaires are well positioned for asset growth but are also in need of more financial planning, according to research released Wednesday by Fidelity.

High-net-worth investors have increased their number of provider relationships, according to Cerulli Associates.

In addition to relieving the shortage of advisors, junior brokers increase an investment program's advisor productivity, boost program revenue and fatten profits.

While spending years in litigation over a single piece of art is unusual, family fights over valuable or sentimental personal property left by a deceased loved one are far from uncommon. The mess involving a Warhol portrait of Farrah Fawcett offers an important estate planning lesson for advisors.