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Since financial advice is a trust-based business, PR should play an important part of every advisor’s marketing plan. Having a good number of media mentions that show your professional character and business philosophy can really make a difference in how people perceive you and your potential value to them.

Morgan Stanley Smith Barney is laying off financial advisors, but the big bank denies that it has any major layoff planned, as was reported earlier this week by Fox Business News.

On Friday TNS released a new study that revealed that 87% of Americans with $500,000 or more in investable assets feel that the size of the US government's deficit is a major concern for them.

Now that Standard & Poor's has issued a negative credit watch on U.S. government debt and acknowledged the possibility that no deal will be reached to raise the government’s debt ceiling, what should investors do?

With unemployment rates remaining staggeringly high and debates about the debt ceiling on Capitol Hill, Americans are still worried about the economy, according to a report released on Thursday by First Command.

Kinetic Concepts (NYSE: KCI) this week announced it has agreed to go private for $68.50 a share with private investors share include Apax Partners, the Canada Pension Plan Investment Board and the Public Sector Pension Investment Board.

There is a new dynamic today between hedge funds, investors and hedge fund administrators, according to State Street Corp.’s new Vision Report, “Hedge Funds: Rebuilding on a New Foundation.”

Even as unemployment numbers remain markedly high, the number of high-net worth individuals in the U.S. continued to increase in 2010, according to Capgemini’s 2011 U.S. Metro Wealth Index.

Eighty-seven percent of Americans with $500,000 or more in investable assets agree that the size of the U.S. government deficit is a major concern, a survey by research firm TNS found.

Charles Schwab is a bit late to the party with its new U.S. Aggregate Bond ETF -- but the company may use its brokerage platform to help even the playing field.