Practice

The New England Patriots winning three Super Bowl trophies is not all about luck and talent. If businesses apply the same team principles, they too can have their share of winning seasons.

Two former Morgan Stanley Smith Barney brokers have been ordered to pay about $4.28 million plus interest to their former employer for the breach of promissory notes and other agreements.

Hedge fund advisers who have registered with the Securities and Exchange Commission by July 21 have a lot more to worry about than simply filling out Form ADV.

SS&C Technologies said it launched a self-service portal for fund services, online.

Visa Inc. said its acquisition of the South African mobile payments company Fundamo will help it serve more underbanked consumers abroad. The San Francisco payments network said it would pay about $110 million for the Cape Town company.

With regulators struggling to decide which loans to excuse from risk-retention, Federal Deposit Insurance Corp. Chairman Sheila Bair said Thursday the best option would have been to shelve the exemption altogether.

The Treasury Department has swapped the carrot for the stick for three of the largest participants in the administration's foreclosure prevention program.

Customer relationship management software can be an advisor's best friend, but experts say most users still aren't getting everything they can out of it to grow their business.

Advisors still have trust hurdles to get over, but that also opens the door for new takeaway high net worth business.

TIAA-CREF is currently selecting advisors for its own network, which will launch over the next six months and go nationwide early next year.