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Real estate is currently making a comeback, but do REITs make sense for mass-affluent clients?

Are clients, carried away with market returns of the last two years and tired of low rates, willing to take on more risk than they should?

Bank of America Corp.’s Merrill Lynch brokerage won final court approval of a $160 million settlement of a lawsuit in which it was accused of denying black financial advisers the same opportunities as their white counterparts.

Many clients don’t fully understand the coverage of their homeowners insurance policies and can use a qualified advisor’s help.

Planned changes to the advisors’ compensation include an increase in the production hurdles on its cash grid.

A quarter of households aged 50-59 are "advice opportunity" households, a new study by Cerulli Associates shows.

The ongoing debate over community bank consolidation also extends to big shareholders. While most prefer to see deals, there are a few who argue that well-run banks can stay independent.

At first, using social may take a bit longer as you get comfortable, but once you master the tool it will become second nature and will likely become your most powerful marketing and client engagement tool.

The new hires are part of the wealth manager’s campaign to boost its sales force and add private and mortgage bankers and other professionals in key wealth markets by the end of 2014.

Efforts to curb public-employee power in states such as Wisconsin, Indiana and Michigan, may embolden other municipalities, leave workers more vulnerable and prompt unions to new tactics of opposition.

The independent broker-dealer got into hot water over unsuitable fund sales, according to FINRA.

Exclusive: In the wake of its CEO's bike crash, a series of changes at San Francisco's Presidio Group has put expansion plans on hold and left the firm working to rechart its course.

As opposed to more complex policies, such as universal life, which include more bells and whistles can also be more expensive, mass-affluent clients may want to keep it simple with whole life and term policies.

Former Bear Stearns managing director Roberto “Bobby” Ruiz was sentenced Tuesday to two years in federal prison for his role in a massive El Paso County corruption case that led to numerous convictions of public officials.

CEO Laurence D. Fink, who last year said he would invest 100% of his personal wealth in equities, said pension funds won't meet their liabilities unless they put more money in stocks.

For United Capital's newest advisor, it was the tools that closed the deal.

The largest U.S. banks are pushing back against the Fed's ambitious vision to build a ubiquitous electronic retail payments network that would move money far faster than banks do today.

The firm plans to reward advisors who team up to focus on goals-based planning.

Congress decided that the program could use only one investment option, U.S. Treasury Securities which, last I checked, were still considered one of the safest, lowest-risk investments in the world.

Half of U.S. households remain at risk of being unable to maintain their standard of living in retirement, despite the surge in stock market and housing prices.