Practice

A new report from MetLife this week suggests that financial advisors need to do a better job of educating their clients about the importance of managing their emotions as well as their spending and investing behavior during and close to retirement just as they did -- presumably -- when they were younger and saving up for their golden years.

A former employee pleaded guilty Monday in federal court to helping Bernie Madoff create false records for investors.

Bank of America Merrill Lynch has hired Morgan Stanley Smith Barney financial advisors Matt Burton and John Cate to its Carmel, Ind. office.

Peter Drake, vice president of retirement and economic research at Fidelity Investments Canada, spoke of five retirement risks in a speech Monday at the Canadian Institute of Financial Planners’ annual conference in Ottawa.

State Street Corp. this week said it will roll out a new mobile application for executive-level portfolio and fund managers' iPads in the fall, giving clients real-time access to portfolio and risk exposure data on their beloved mobile devices.

Fidelity’s Drake on the Five New Retirement Risks

ICI Urges DOL to Make Electronic Delivery Default for 401(k)s

A former employee pleaded guilty Monday in federal court to helping Bernie Madoff create false records for investors.

State Street Bank this week announced plans to offer a cloud computing service geared to investors and investment professionals.

Forty-one percent of the more than 2,000 high-net worth individuals surveyed in the Barclays Wealth Insights report said they wish they had more control over their finances, which is critical since emotions can cost investors up to 20% in returns over a decade if they buy high and sell low.