Practice

Among financial planners’ greatest concerns in this turbulent environment is retaining valued clients. In this high-tech era, marketing expert Marie Swift says planners should balance high-tech communications with truly “high-touch” communications.

New regulations requiring traders to post initial margin when clearing swap contracts through clearinghouses and outside of clearinghouses will cost financial firms $1.4 trillion in new capital charges, according to a research report released on Monday by Tabb Group.

Direct Edge said it is preparing to deliver a database of trade and quote history that is available anywhere, online.

Anova Technologies said it is rolling out a technology that will encrypt trading instructions in under one millionth of a second.

Bank of America Merrill Lynch has unveiled a new set of features for its 401(k) and employee financial benefit programs including new mobile access to retirement account information.

State Street on Friday confirmed that it has reimbursed a United Kingdom pension fund for costs related to transitioning from one fund manager to another.

In July, forward-thinking fund managers were trying to figure out what might happen to their holdings if -- heaven forbid -- the unimaginable might occur. In this case, the unimaginable was whether a major ratings agency might downgrade U.S. debt, given the fractiousness of American political decision-making.

NYSE Euronext said activity on its U.S. stock exchanges fell 19.8 percent in September from August.

Risk management software firm Algorithmics said that it will work with Societe Generale Corporate & Investment Banking to develop a counterparty credit valuation adjustment product that SocGen can use to actively price and manage counterparty credit risk across all asset classes.

A majority of married couples in their 60s lack the knowledge about how to maximize their Social Security benefits and whether or not to expect Social Security advice from a financial planner.