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A federal judge in Orlando, Fla., has permanently barred Richard Goble, president of a defunct clearing firm and a critic of the Financial Industry Regulatory Authority, from the securities industry and ordered him to pay a fine of $7,500.

Built-up demand for health savings accounts helped to account for a solid 2010 for J.P. Morgan’s HSA business, according to David Josephs, managing director with the company.“I think there was a lot of standing on the sidelines in 2009 and 2010, waiting to see what happened with healthcare reform,” he says. “When that was cleared up, I think there was some pent-up demand for high-deductible health plans and HSAs, and all of that has that gotten released.”

Worries about the future of Social Security and of Medicare, as well as the experience of the last market crash in 2008-9 and the housing slump, have left an increasing number of Americans worried about whether they will have adequate resources to provide for their retirement years, and are making them more open to financial advice.That’s one finding from the latest annual Survey of Worker Attitudes Towards Retirement Savings Needs conducted by the Employee Benefits Research Institute (EBRI).

A FINRA arbitration panel awarded $1.76 million to an investor group who participated in Madoff feeder fund Rye Select Broad Market Fund and other investments.

Cross selling is really important, but most banks still aren’t doing it very well.

Worries about the future of Social Security and of Medicare, as well as the experience of the last market crash and the housing slump, have left an increasing number of Americans worried about whether they will have adequate resources to provide for their retirement years, and are making them more open to financial advice.

Built-up demand for health savings accounts helped to account for a solid 2010 for J.P. Morgan’s HSA business, according to David Josephs, managing director with the company.

A federal judge has permanently barred Richard Goble, president of a defunct clearing firm and a one-time member of the board of the Financial Industry Regulatory Authority, from the securities industry and ordered him to pay a fine of $7,500.

Rather than poring over companies' prospectuses or comparing the performance of dozens of mutual funds versus the three- and five-year Lipper average, people who hire financial planners to manage their investments spend more time boning up on other more practical, short-term financial matters while also keeping a close on eye on their long-term objectives.

To give its 3,000-plus independent advisors an edge, Fidelity Investments introduced the Business Development and Marketing Planning Toolkit, an interactive PDF that advisors, firms and advisor teams can use to better define themselves, identify exactly the type of clients they want to attract and retain and, perhaps most important, ensure their customers know enough about them and their services to provide a meaningful referral to potential new clients.