Practice management

Steve Wershing, "The Referral Doctor," says if advisors want to get referrals, it’s more important to have people remember what kind of service and performance you delivered than to simply have a collection of fans.

Women age 65 and older live in poverty at higher rates than men even as more of them participate in employer-sponsored retirement plans, according to a U.S. Government Accountability Office study.

The Commodity Futures Trading Commission said the futures commission merchant based in Greenwich, Conn., failed to properly supervise the reporting of activity in accounts of large traders.

In a new global survey, Accenture finds opportunity for life insurers to present clearer, more personalized information to win over these masses.

Seven multimillion-dollar revenue earners are joining Merrill Lynch’s wealth management units in Florida, Michigan and California.

House Democrats on Wednesday introduced legislation that would expand the role of the SEC to conduct oversight examinations of investment advisors, a segment of the financial services sector that lawmakers on both sides of the aisle have agreed is under regulated.

Spectrem’s affluent investor confidence index fell to its lowest point in eight months.

Twenty-six year industry veteran Richard Ray is joining Stifel Nicolaus’s Honolulu office as vice president and portfolio manager.

Bank of America has hired more than 30 bankers in the greater Chicago area as part of a broader plan to beef up its services for small-business owners.

Forty percent of Boomers wait until five years before retirement to begin planning, according to a study by Allianz Life.

Did you ever wonder why the word "billion" seems to elicit a terrible feeling in your gut? Do you remember when a billion dollars seemed like so much money it was unattainable? Do you remember when a millionaire was considered really wealthy? Now, a millionaire is not rich and a billionaire must have done something evil to become one.

According to an SEI poll, 44% of wealth managers said dealing with ongoing and ever-evolving regulatory changes will be their firms’ top priority this year.

Matrix Financial Solutions refreshes its RetireTool(k)it to better support regulatory compliance and simplify the selection and monitoring of funds.

U.S. senators Jack Reed and Charles Grassley introduced a bill to authorize the Securities and Exchange Commission to impose bigger sanctions after the agency said it didn’t have adequate tools to deter financial fraud.

John Hancock Funds today unveiled a new program and a survey to help retirement plan advisers demonstrate their value and build stronger relationships with their plan sponsor clients

I’ll bet the amount of training an advisor receives on portfolio and client management over ten years could fill an ocean. I’ll also wager the amount of training an advisor receives on managing staff couldn’t even fill a thimble.

The advocacy organization sent a letter of comment to the SEC citing the impact a fee hike could have on independent firms.

Financial services firms are broadening the scope of their retirement advice tools and planning a major push to help advisors understand them, according to a survey by Hearts & Wallets.

More and more affluent investors are looking to mobile devices to review finances and check up on their social media accounts.

Airgead Clann, a California independent investment advisor, announced they will proceed with a FINRA arbitration against Charles Schwab regarding the abrupt termination of their investment manager service agreement in October.