Practice

Social media is rapidly changing the way financial advisors approach their marketing efforts, but staying current with compliance regulations can be a challenge.

OppenheimerFunds has launched the CEO Advisor Institute, which combines business management, personal and professional development content and investment thought leadership for advisors.

Also, 293 midsize advisors called out for delayed move to state oversight.

Merrill Lynch Wealth Management has snapped up a Morgan Stanley advisor team managing about $2.5 billion in client assets to its Private Banking and Investments Group.

Even though six in 10 women are concerned they aren’t saving enough to last throughout their retirement, few are taking steps to mitigate this risk.

Hawaii is the best state for retirees according to the 2012 MoneyRates.com analysis of the Best and Worst Stated for Retirement in the U.S.

Have you thought about what you can do in your practice to improve how you operate your business, making sure that this year is a better year than last year? Do you think your practice needs improved focus in order to be more profitable? Chris Kirby has some suggestions that could streamline your business to a “leaner and meaner” more profitable machine.

Bank of America Merrill Lynch has just finished work on a new supply chain finance module for its CashPro Online banking channel for corporate clients.

Federal regulators are reviewing banks' growth plans, particularly those that include third-party companies. To avoid excessive scrutiny, industry experts advise banks to proactively discuss such relationships with examiners.

Got an account in the red for the year? Dropped some iffy advice? That can be forgiven. But wait too long to call that millionaire client back and you might be out an account.