Practice

Despite all the dire warnings from financial advisors, relatives and the federal government, most Americans still aren't saving anywhere near enough money to afford the dignified retirement they all claim is so important to them and, worse, most don't even have any idea exactly how much they'll need even if they were to begin saving today for their golden years.

Americans are not very confident at all that they will be able to retire, a Country Financial survey of 3,000 Americans finds.

Advisors hate it when ancillary tasks eat up too much of their time, because it robs them of the most enjoyable part of doing their jobs—working directly with clients!

Even three years can increase income by 38%

Fulltime students at four year schools received about $16,000 in aid this year.

What is your unique value proposition? What is the strategic direction of your practice? What can you do that will really drive referrals? The best answers may come from consultants often underutilized by financial advisors – your clients.

The Financial Industry Regulatory Authority has fined Dallas-based financial services company Southwest Securities Inc. $500,000 for soliciting violations related to its municipal securities business.

Three hires come from Morgan Stanley Smith Barney and another advisor joins from Oppenheimer & Co.

Commonwealth Cares currently has a little under $1 million to support its initiatives.

House Ways and Means Committee Democrats introduced a bill on Thursday that would reinstate Build America Bonds, the higher small-issuer limit for bank-qualified bonds, and six other bond, tax credit and loan guarantee programs.