Practice

According to a survey released Thursday by MFS Investment Management investors want advisor contact and education. In turn, those investors who are more knowledgeable tend to be less fearful about investing – good news all around.

The more education a person has is strongly correlated with how confident they are about their retirement and their ability to save and plan for it, according to the 11th Annual Transamerica Retirement Survey, released on Thursday.

Ever since September 2008, clients are asking for more than you can possibly deliver: to keep track of the macro-economic big picture and help them get out of the market as soon as we start moving into another meltdown period. So the question is: How can we possibly respond to these lofty expectations?

More Americans plan to get their finances in order in 2011 while the global economic recovery continues to shake out, Fidelity survey says.

Advisors can also get CFP continuing education credits for their efforts.

Outgoing House Financial Services Committee Chairman Barney Frank sharply criticized incoming chairman Rep. Spencer Bachus on Wednesday, ridiculing the Alabama Republican for reportedly saying "Washington and the regulators are there to serve the banks."

The Financial Industry Regulatory Authority has censured Citigroup Global Markets after finding the financial services firm failed to report transactions promptly to its Trade Reporting and Compliance Engine.

According to a poll conducted in October and released on Wednesday by InCharge Debt Solutions Americans are significantly more concerned about future expenses than paying off existing debt or paying their current bills.

The Financial Industry Regulatory Authority has censured Citigroup Global Markets after finding the financial services firm failed to report transactions promptly to its Trade Reporting and Compliance Engine.

Advisers who have admonished clients to spend wisely during their working years and adjust their expectations for retirement can take heart: Americans are coming around, according to a study by Hartford Financial.