Practice

Americans are showing resilience in the aftermath of the financial crisis, but their advisers report that they are not doing a good enough job of saving or living within their means, Principal Financial found in a survey of 632 advisers. Only 10% of the advisers surveyed said their clients are able to easily visualize their financial dreams.

Knight Capital Group said its earnings dropped by two-thirds in the second quarter, hurt by lower volume and volatility in stock trading.

When financial advisors are working with clients to figure out their retirement strategy, they need to factor in inflation into the mix. But the question is, how does one decide what inflation is likely to be years into the future when there are so many different ways to measure it even in the present?

Ryan O'Neal is at it again. He and Craig Nevius, a Hollywood producer who used to work closely with Farrah Fawcett, are in the midst of more legal fighting against one another.

State Street Corporation said it planned to reduce its technology staff by 850 employees, as part of a multi-year transformation of how it manages its information systems.

If you’re an advisor, you probably have a website. And you may belong to a social network such as LinkedIn or FaceBook. But to really make your website and social media efforts pay off, you’ll need to do more, experts say. The good news is that it’s not that difficult to strengthen your online presence -- and a stronger online presence can lead to more business. Here are eight tips for financial advisors to build a compelling online presence:

Most target-date funds are not as diversified as they could be, and particularly as they increase in popularity in 401(k) plans, their design needs to be revisited, according to Folio Investing.

For a financial advisor, social media can be a powerful new business development tool. Managed right, social media can connect your business to an almost unending stream of new and interested prospects. But to enjoy that kind of success, you have to take an active approach.

Liquidnet said its trading volume moved 2 percent ahead of last year, with an 18 percent jump in June.

So far so good. That’s the word from the Council of Institutional Investors, a non-profit association of pension funds, retirement funds, endowments and foundations, regarding the Dodd-Frank Wall Street Reform Act passed by Congress and signed into law a year ago this week.