Practice management

Asset managers spend more than 80 percent of their technology dollars simply maintaining existing operations. With regulatory changes and trading spanning more types of assets, “the buy side has a situation of underinvestment which is unsustainable,’’ research firm Celent said.

LearnVest Live is arguably LearnVest’s biggest success so far: getting people, particularly young women, excited about (and engaged with) their finances. “Apparently every good-looking, successful, young working woman in Manhattan is at [LearnVest Live] right now…In case guys were wondering,” attendee Alana Taylor, tweeted from the event.

As Raymond James Financial Chief Executive Paul Reilly looks to the future, he sees more diversity in the firm’s workforce, particularly when it comes to female and younger financial advisors.

Republican presidential nominee Mitt Romney was wrong to say Dodd-Frank offers the "biggest kiss" to large banks, according to Sheila Bair.

Raymond James has expanded its practice acquisitions and succession planning department this year as it looks to open up more transition options for advisor force.

The advisory industry has been fretting about the impending tsunami of retiring advisors in the coming years for some time. As a result, firms are assembling succession programs as a way to ease the transition of client assets from older advisors to the much younger set.

If Congress allows Bush-era tax cuts to expire next year, as many expect, planners everywhere must be aware of the “fiscal cliff” their clients will confront.

If Congress allows Bush-era tax cuts to expire next year, as many expect, planners everywhere must be aware of the “fiscal cliff” their clients will confront.

Fun and optimism work; constant criticism doesn't, said serial entrepreneur Richard Branson at a banking conference.

Informa Investment Solutions, the New York-based supplier of software and solutions for the investment industry, announced Wednesday it will buy Zephyr Associates, Inc, a developer of analytical software tools.

Despite a market surge, fewer wealthy investors are satisfied with their advisors' performance.

Most households with between $100,000 and $500,000 in investable assets do not have a retirement income plan and have not worked with a financial advisor, presenting a “sweet spot” for asset managers, according to findings from a Cerulli Associates retirement report released on Wednesday.

What is your client experience like? The "Referral Doctor," Steve Wershing, asks, have you designed it to be like a fast food chain, or a high-end dining establishment?

Advisors report that annuities are requested by clients more than any other unsolicited product, according to a new study from Cerulli Associates.

A four-man team, the Nierling Investment Group, has joined RBC in Dallas, Texas.

Advisors report that clients request annuities more than any other unsolicited product, according to new research from Cerulli Associates.

Some 25 million people a year are thinking about social security, opening a door to a massive market for advisors, Bill Meyer, founder and CEO of Social Security Solutions, said at the Retirement Income Industry Association conference.

The Retirement Income Industry Association recognized the best marketing and thought-leadership in the industry during its annual conference

Scott & Stringfellow has brought on three former Wells Fargo advisors to join its Charlotte office.

The result of the upcoming Presidential election will have little impact on investors, according to Andrew Mehalko, President of AM Wealth Management.