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They may long to give up their daily commutes and have wide-open schedules, but far too many baby boomers are largely unprepared to leave their jobs, according to a new report by the Insured Retirement Institute.

I think we all know that the financial planning profession is drowning in paperwork and the problem is only going to get worse. This vexing -- and increasing -- compliance hassle is generating a certain amount of frustration in the profession, and most of the people I talk with don't know where to turn. So who speaks for the planner?

Last year, BNY Mellon Wealth Management was on an ambitious push to expand its network of financial advisors. Whether Robert Kelly’s surprise resignation late Wednesday will derail that momentum remains unclear at this point.

The analysts at Standard & Poor’s, who have pegged the U.S. economy’s growth rate at a paltry 2% for 2012, say that advisors and investors might find some value in steel stocks and ETFs.

Among large-cap indexes, the Dow Jones Industrial average was the top performer in a decidedly bad month for equities, but still shed 4.36% of its total value in August.

Even though the stock market has been extraordinarily volatile over the past month, most investors are not changing their allocations to stocks and bonds, according to the RCB Consumer Outlook Index.

It’s no secret that client referrals are essential to an advisor’s growth. The hard part is implementing an effective strategy. Here's what financial advisors need to know to supercharge their referral business.

Janus has launched the Janus Aspen Moderate Allocation Portfolio, specifically designed for the insurance channel. The portfolio is a fund-of-funds that will invest in other Janus products with a target of 60% of its underlying holdings in stocks and 40% in fixed income.

Left Coast Solutions has developed iJoin, an application for Smartphones and other mobile devices that helps investors determine how much they need to save for retirement to replace their monthly income.

PIMCO has launched the PIMCO Credit Absolute Return Fund, a go-anywhere type of fixed income fund that will employ some hedging strategies, including shorting and credit default swap derivatives, and be managed by Mark Kiesel.