Practice

Almost 30% of households with more than $5 million to invest are using four or more advisors.

UBS financial advisors take on 10 emerging entrepreneurs.

You may be overlooking one of the best PR strategies an advisor could employ.

Finding the happy medium when it comes to splitting assets in a divorce requires the skills of the savviest of advisors.

Mercer’s U.S. outsourcing business has begun including retirement income from Financial Engines in its defined contribution platform. Financial Engines says its Financial Engines Income+ is the first retirement income solution designed specifically for 401(k) plans.

U.S. households held $10.7 trillion in retirement assets at the end of 2010, Hearts & Wallets said, culling information from the Federal Reserve Flow of Funds and U.S. Census data. This is just above the previous high of $10.5 trillion reached in 2007, and a big climb from the $2.4 trillion loss in retirement assets in the crash of 2008, when these assets fell to $8.1 trillion.

Prudential has just released preliminary survey results indicating that when shopping for retirement plans, consumers between the ages of 18 and 36 are more interested than those over age 45 in guaranteed income features. The company is leveraging these results with additional features, including security, to certain plans offered by Prudential Retirement.

Financial planners across the globe are just as aware of the potential repercussions that Dodd-Frank Act implementation and other regulatory issues will have on the profession as their U.S. counterparts, the head of the Financial Planning Standards Board said during a media briefing Monday morning.

The Department of Labor issued new regulations that aim to broaden access to personalized investment advice for workers engaged in retirement savings plans.

About a week ago, Prudential released preliminary survey results indicating that when shopping for retirement plans, consumers between the ages of 18 and 36 were more interested than those over age 45 in guaranteed income features. The company is leveraging these results with additional features, including security, to certain plans offered by Prudential Retirement.