Practice

For anyone born today, the cost of four years at a private college will be about $440,000 by the time they arrive at those hallowed halls.

While advisors are clamoring for access to web-based prospecting, most broker-dealers are paralyzed over fears of a social-media snafu.

Though it bucks conventional wisdom, giants may become smaller, simpler and safer over the next handful of years if regulators properly use tools provided in the Dodd-Frank Act.

After the shocks and bumps of the Great Recession, younger Baby Boomers are already thinking about their retirement plans, and are clear on one thing: When it comes to retirement income, they want guarantees, according Allianz Life Insurance Company of America, which released a study Tuesday.

More than half of investors are maintaining their level of charitable giving in the fourth quarter—whether their advisors choose to help them or not.

The former Ferris, Baker Watts LLC will pay $500k for inadequate supervision of sales of reverse convertible notes to retail customers.

According to Allianz, 97% of surveyed younger boomers say the U.S. is in a retirement crisis.

With more time to rebuild its coffers and failed-bank losses easing, the FDIC Tuesday abandoned an across-the-board premium hike slated to go into effect next year.

The Delaware company hired Walter J. Dillingham Jr. as a managing director and business development officer; John M. Lawson as a managing director and investment advisor; and Leigh H. Weiss as a managing director and investment advisor.

Now is the time for a balanced approach to both equities and fixed income, MFS advises.