Practice management

For bank advisors who are serious about improving their businesses, Bank Investment Consultant's editors offer this compilation of slide shows on best practices. You’ll find advice on topics such as boosting revenue, closing more sales, getting your clients to open up, maximizing social media and more.

“Women look at their money and ask, ‘How much money do I have and what do I need to survive on?’” says BMO Retirement Institute head Tina Di Vito, “whereas men look at market volatility and ask, ‘What will my portfolio produce?’”

Wilmington Trust has opened its first Washington, D.C., office targeting high-net-worth clients with $3 million or more in net worth.

Multi-asset manager Virtus Investment Partners has launched a mobile app designed to give users access to what the firm has to say about the latest developments in the financial markets.

T. Rowe Price has unveiled the iPad edition of T. Rowe Price Investor, the company’s quarterly magazine for mutual fund shareholders.

Bank of America has introduced a 401(k) retirement plan for small businesses through its Merrill Edge unit.

Hedge fund managers are increasingly nervous about getting a knock on the door from U.S. securities regulators now that a new rule that requires them to register as investment advisors and provide lots of data about their inner workings takes effect Friday.

Being a good conversationalist is a skill that many advisors seem to forget when they are with prospective clients. Here are 8 tips to make sure it doesn’t happen to you.

UBS AG's American wealth management arm has pulled firmly ahead in the race to attract top brokers, using aggressive recruiting tactics and rich signing bonuses.

Being a good conversationalist is a skill that many advisors seem to forget when they are with prospective clients. Here are 8 tips to make sure it doesn’t happen to you.

A former Bank of America Merrill Lynch financial advisor and a 'business associate' were hit with a federal criminal complaint that they fraudulently wired $2.2 million from an account of the Indianapolis Colts' defensive end.

TV personality and personal finance journalist Carmen Wong Ulrich considered many options over the past year and a half as she explored the possibility of opening up her own financial planning firm. After getting an inside look at multiple different planning practices, she decided she wanted to build something new and different, and that she was drawn to “the power of being in an all-female shop.”

Standard Retirement Services is launching two enhanced retirement plan websites to provide advisors, plan sponsors and participants with a "more informative and intuitive online experience."

Here’s an interactive slide show that delves into five of the most common problems – and some solutions – facing clients who are already retired.

Marketing expert Marie Swift says advisors need to be proactive and creative to keep their reservoirs of new business from drying up.

Financial services firms admitted that they invited negative public perception by their actions, or inactions, according to the 2012 Makovsky Wall Street Reputation Study.

Former SunAmerica executive Frank Hayn will support existing retirement plan business and will help NPH representatives grow their practices in the retirement plan and 401(k) space.

The costs of fraud include direct monetary loss, fines from regulators and lost potential customers. Then social media amplify the hit to a firm's reputation, according to Progress Software's deputy CTO.

Cyber crime has become the second most common type of economic crime being experienced by financial services firms, after asset ‘misappropriation,’’ according to a survey by PricewaterhouseCoopers.

In order to make better financial decisions, investors need simple, easy-to-understand disclosures written in plain English and provided before they hire a planner, the CFP Board recommended to the SEC.