Subject Root Tag

Banks have aimed their efforts too broadly at the mass-affluent, a diffuse and broad swath of customers. Instead, they should pursue the “rising mass affluent,” a segment with the most potential for accumulating wealth, according to Booz & Company.

Firms need to manage millennial employees successfully to leverage their intrinsic talents for the betterment of the organization. Here are a few key ideas to keep in mind.

A measure that would put the brakes on the Department of Labor's proposal to establish a fiduciary standard for advisors to retirement plans was approved by the U.S. House of Representatives in a largely party-line vote on Tuesday.

Rebalancing is simple, but not easy to do. With automated rebalanicing, little or no action is required to achieve even more consistent investment allocation.

A time management study showed Amerprise advisor Susan A. Riley-Hayes how she could maximize her staffing levels and fee structure.

The CFP Board’s highly publicized $36 million 'Let's Make a Plan' campaign may have misled consumers.

UBS Wealth Management Americas pulled back from a record second quarter as credit losses and a drop in client trading took a toll.

UBS AG, Switzerland’s biggest bank, said it probably won’t be able to reach its profitability goal in 2015 after the Swiss regulator demanded the company hold more capital for risks related to litigation.

Do you know enough about Social Security? For mass-affluent clients, it will be a sizable portion of their retirement income so now is the time to brush up.

The firms have been sanctioned by the SEC for violating the custody rule that requires them to meet certain standards when maintaining custody of their clients’ funds or securities.

Lawmakers are set to begin debate today on a bill that would delay, perhaps indefinitely, a proposal by the Department of Labor to impose a fiduciary standard on advisors to retirement plans.

U.S. Stocks Rise as Lower Retail, Confidence Data Fuel Fed Bets

Treasury Five-Year Notes Rise on Bets Fed to Boost Sale Demand

Babson Capital Loan Fund Doubles Amid Demand for High-Yield Debt

Commentary: How to Speak With Customers

Sendhil Mullainathan, the former head of research at the Consumer Financial Protection Bureau, speaks in an interview about when it's appropriate, and when it's not, for the government to try to influence consumer behavior.

The Opsahl Group, led by senior advisor Joseph Opsahl and advisor Chris Hatfield, is leaving Merrill Lynch’s Private Client Group to work with True, a key Dynasty Financial Partners firm in the Pacific Northwest.

JPMorgan has named a former U.S. Bancorp executive as the head of its wealth management business.

Here’s the argument for talking your clients into taking less risk today to get higher returns in the future.

Since the crisis, this segment has focused on paying its debt, but now it’s investing for retirement again. The kicker: just 40% use advisors.