Practice

Fidelity Investments recently reported that the average 401(k) account balance it managed reached a 10-year high of $71,500 at the end of 2010, and for those who had consistently contributed to their plan, $183,100.

SunGard has launched a Wealth Management Regulatory and Risk Consulting Practice, part of its Wealth Management Global Services.

Clever “fan” recruitment is the norm for some insurers; who’s taking the lead?

Their exposure to public equity averages 21%, below the historic 30% to 35% range.

Federal agencies are set to establish sweeping new servicing standards not by legislation or regulatory process, but by a major action against the top five mortgage servicers.

Developing talent should be as important to executives as developing strategy.

"When you practice Sales Intelligence, you’ll win twice the business of those who ‘wing it,'" according to ActiFi's Sam Richter. "You’ll ensure relevancy and impress any client, any prospect, every time."

Making the right support staff hires can improve the overall efficiency of a financial advisory firm and make it easier for top advisors to seek out and serve new clients, says Dan Davis, president and co-founder of ADK Wealth Advisory Group in St. Louis.

Criminal charges were filed Thursday against a former financial adviser at UBS Financial Services who the Securities and Exchange Commission charged with siphoning $3.3 million from investors to pay for luxury cars, prostitutes and gambling debts.

Although 2010 was generally a good year for retirement plan investors, with average balances returning to pre-recession levels, MassMutual found in a survey of 1,517 participants, women appeared to become far more cautious investors—with gap in confidence between women and men widening.