News Feed

My favorite lobbying move of the year came in early May, in, of course, Washington, D.C.

Some planners offer all of their clients concierge services, while others help only top clients with special projects. No matter the details, concierge services help advisors strengthen existing client relationships and attract new ones.

The holidays have been good for money market funds.

Ask Ed Slott, Your IRA Expert, examines the question, if your client was fired, can they continue to contribute to a Roth IRA?

Five years ago, only about 15% of new clients came in over the transom, says the chief executive of one leading RIA. Today, that number has grown to 25% to 35% -- with many of those prospects specifically looking for independent advice.

Municipal bond mutual funds recorded their fifth straight week of inflows, and their 62nd week of positive flows in the past 66 weeks.

TD Bank Group has agreed to buy asset management firm Epoch Holding (EPHC) for $668 million in cash, giving the Canadian company the U.S. asset manager it had been looking for.

Federal securities regulators have charged a Wells Fargo investment banker with fostering an insider-trading scheme that netted at least $11 million.

While the U.S. Congress views the convergence of more than $600 billion in tax increases and spending cuts set for Jan. 1 as a “fiscal cliff,” the metaphor misses the economic reality of what could follow.

The firm has modified payouts to encourage asset growth and will allow advisors to buy into company stock as part of a deferred compensation program.