Practice

Lawmakers show deep interest in staying involved with 'Volcker Rule' during the implementation phase and regulators may actually be grateful.

iWASHINGTON — In technical terms, Congress handed regulators the baton a while ago to implement a crackdown on proprietary trading. But as the federal agencies grapple with turning the so-called Volcker Rule into regulation, the process seems almost like a joint effort between two branches of government.

Raymond James has named a former Goldman Sachs Investment Management vice president to the new position of director of retirement solutions.

Wedbush Securities has launched a new social media initiative for financial advisors, investment bankers and equity traders that encourages them to use Twitter, LinkedIn and Facebook to boost their respective books of business.

Zephyr Associates, a financial analytics software provider to financial advisors, is seeing a steady increase in the percentage of RIA firms among its clients.

PrimeVest Financial, one of the big third-party marketers in the bank channel, launched a website designed to help banks and credit unions staff up their advisory programs. It also will help individual advisors search for new career opportunities across the country.

While all eyes were on Bank of America’s stock price last year, the Bank of America Merrill Lynch retirement and employee financial benefit plan businesses quietly thrived by pulling in $19 billion in new financial benefit plan assets.

Marketing expert Marie Swift shares some ideas for riding the retirement wave, appealing to allied professionals and building name recognition within specific communities of interest.

Bank of the West expands its wealth management universe with a new center for high-net-worth clients in the heart of Silicon Valley.

SEC says it will no longer let companies "neither admit nor deny" charges in settling cases it brings against them. Sort of.