Practice

Mercer’s U.S. outsourcing business has begun including retirement income from Financial Engines in its defined contribution platform. Financial Engines says its Financial Engines Income+ is the first retirement income solution designed specifically for 401(k) plans.

U.S. households held $10.7 trillion in retirement assets at the end of 2010, according to a pair of retirement industry analysts who culled information from the Federal Reserve’s Flow of Funds report and U.S. Census data. This is just above the previous high of $10.5 trillion reached in 2007, and a big climb from the $2.4 trillion loss in retirement assets in the crash of 2008, when these assets fell to $8.1 trillion.

Four of the world’s largest investment banks – Deutsche Bank, Goldman Sachs, HSBC and J.P. Morgan --- are now live on a new electronic margin call system called MarginSphere.

Financial planning and reporting technology provider Adaptive Planning has introduced its Fall 2011 and Winter 2012 Releases, which feature new reporting capabilities, SaaS and enterprise collaboration features.

There is no one-size-fits-all approach, but there are demographic similarities, and a program manager should be able to identify them.

Advisors of the future are gravitating toward financial planning programs. Here are the schools on many students' short lists.

Was a complex product sold to a wealthy family that was only suitable for an institutional client?

Our legal expert discusses what happens when clients don't follow orders.

Problems arise when a parent adds a child's name to an asset or aids elderly loved one who needs assistance.

Almost 30% of households with more than $5 million to invest are using four or more advisors.