Practice

Five "psychographic" categories can help to give advisers a handle on their clients and potential clients, but they can also provide some reassurance to baby boomers

Funding consideration were part of the reason that the SEC decided to shift oversight of smaller advisors to states. With soaring deficits, how will the states handle the added responsibility of supervising financial advisors?

Hershey Trust announced Tuesday that Bryn Mawr Trust will buy its private wealth group.

Senior ranking brokerage operations and operational risk executives beware: the Securities and Exchange Commission says the buck now stops with you when it comes to proving you have sound procedures in place.

Four bank failures book-ended the country on Friday. Collectively, they had a total of $1.05 billion in assets and are expected to cost the Deposit Insurance Fund $267.6 million.

The former management of a Denver thrift is suing federal regulators over its seizure last month, saying the agencies closed it while it was still a viable institution and arguing it should be reopened.

Of the 75 technology companies represented at the T3 Conference, Smarsh and Arkovi are among the companies offering tools to help advisors be active in the space.

Succession planning in a financial advisory firm is vital to long- term success and growth, according to Richard C. Salmen, a certified financial planner and senior vice president and senior advisor of GTrust Financial Partners in Overland Park, Kan.

Some advisors at Bank of America Merrill Lynch's U.S. Trust unit this week received an ultimatum from on high, demanding they sign a new agreement that would effectively sideline them for up to eight months if and when they decide to leave the firm or else risk losing not only their 2010 bonuses but their jobs, too.

The Securities and Exchange Commission is looking into whether municipal bond funds may have overstated the value of their high-yield holdings, The Wall Street Journal reports.