The Latest

Bob Carlino, CEO, is the co-founder of Strategic Audit Solutions and has an extensive background in performing recovery audits for clients from all industries, with over 40 years of experience in AP recovery auditing. Reach him at rcarlino@sasrecovery.com or (732) 444-2243.

David Watkins has been a volunteer board member and committee member at ORNL Federal Credit Union for 50 years.

Many of the largest banks are wielding highly valued stock at a time that Silicon Valley innovators are looking to wrest away business. Mergers and acquisitions are one way for banks to both scale up and adapt.

Morgan Stanley’s merger a quarter century ago with a brokerage that had branches in Sears was met with sneers. Now, the firm is taking another stab at luring mom-and-pop investors.

Long associated with catering to the wealthiest clients, Morgan is also astute enough to see which way the winds are blowing for the industry.

Tom Groenfeldt is a freelance reporter who focuses largely on finance and technology. He was founding editor of Windows in Financial Services which covered Microsoft technologies in banking, insurance, and securities. His work now appears at Forbes.com, the Global Association for Risk Professionals (GARP) newsletter, in Chicago Life and in Banking Technology in London.

He occasionally writes about art, photography and local businesses for publications in Wisconsin, where he lives. He has also participated in several one-man and group photography shows.

The wirehouse has big reasons to pursue the deal, but the online brokerage's 225 independent advisor firms are not among them.

The RIA’s revenues blow past $1 billion, but industry observers note fierce competition among rival buyers.

Seniors choosing between traditional and Roth IRAs must account for their current and future tax rates.