Practice

Even after an embarrassing online porn scandal rocked the regulatory agency last year, a new report from SEC Inspector General David Kotz finds some staffers are still going to great lengths to access these racy sites on company time.

The technology division of NYSE Euronext said its Capital Markets Community Platform will provide direct, on-demand access to high-performance, low-latency services from NYSE Technologies, including its Superfeed of market data, its Risk Management Gateway, its Managed Services Hub, and its global Liquidity Center Network.

An annual global wealth report from Boston Consulting Group finds that millionaire households hold 39% of the world's total net worth but account for only 0.9% of all households.

A new era in retirement of the unprepared is dawning, as the West’s golden age of pensions comes to an end, according to a report from HSBC Insurance Holdings, “The Future of Retirement: The Power of Planning.”

Even multi-millionaires lose sleep over whether their homes will retain their value and whether they can retire.

Agreements, deeds and leases are not core estate planning tools, but may have unexpected opportunities or traps.

While some experts say that clients need to brace for a market without the Fed's help by adding cash to their portfolios, others are worried that the rush for cash is already being overdone.

Since Fed Chairman Ben Bernanke has said that he will terminate the QE2 program in mid-June, what will become of the bull market that saw the S&P 500 nearly double from its 2009 lows?

Franklyn Berkowitz is Director of Retail Financial Services at Astoria Federal. The parent company, Astoria Financial Corporation has assets of $17.7 billion and deposits totaling $11.5 billion in New York. Its 50 full-time FAs serve clients in New York City and its suburbs, an area with a bigger population than 38 states.

Marc Vosen is president and CEO of Key Investment Services, as well as the current president of BISA, the trade association for bank brokerage and bank insurance sales. More communication between advisor and client is key, he says, especially when the customer feels more in the loop.