Practice

Henry Wagner comes to UBS from Stern, Agee & Leach.

Gen X investors are more disgruntled with their advisors than any other generation and they have reason to be: those with advisors saw growth in their portfolios in 2010, but much less than their self-directed peers.

According to Spectrem Group, its Millionaire Investor Confidence Index fell nine points in April to minus-one, a neutral reading and the index’s lowest level since September. This marks the second-consecutive monthly decline for the index, following an identical nine-point decline in March.

With tax season behind us, advisors are looking for answers regarding IRAs and Ed Slott has some regarding rollovers and conversions, the step transaction doctrine, and Gold IRAs.

SEI finds that talking about money may still be taboo.

BB&T became the latest bank to roll out a new mobile banking application, giving business and consumer customers the ability to check balances and pay bills from their Android-powered smartphones and tablet PCs.

Market participants slammed the Municipal Securities Rulemaking Board’s new draft Rule G-43 for broker’s brokers, calling it everything from irresponsible to anti-competitive.

Bank executives are sounding considerably less positive about Basel III than they did when global regulators announced final international capital and liquidity standards last year.

Independent broker-dealers and consulting firms can provide hints for what to say and omit from your posts and other social media communiqués.

The Securities and Exchange Commission said it has started enforcement proceedings against a St. Louis-based registered investment advisor and its president for using a broker-dealer to artificially inflating the prices of thinly executed stocks to report inflated performance to clients.