Practice

Bank of America's discovery that it submitted incorrect information to the Federal Reserve Board during its recent stress test could undermine what has already become an overly complex exercise.

Hedge funds and private-equity firms have created bogus service providers to boost fees they charge to portfolio companies and investors, SEC Chair Mary Jo White will tell lawmakers in Washington today.

For both consumers and corporations, the lower the income, the higher the rate of tax penalties, according to new research.

From gender inequality in the financial planning profession to the expansion of financial education and wellness programs, here are the most notable quotes from the past week's stories.

Advisors who are good communicators have clients who are more compliant and give more referrals. Understand how to manage three important types of conversations.

As a CPA turned planner, Jean-Luc Bourdon focuses on tax-efficient income and other elder issues.

Using these two simple techniques, one firm acquired over 100 new clients through social media last year.

With nearly $400 million in assets, the trio will bring their new firm's assets to roughly $1.3 billion.

Hashtags make it easier for advisors to stay on top of industry developments and contribute to larger conversations taking place.

Prospects don't like the feeling of a sales approach -- you must be genuine and establish a level of trust to succeed.