Practice management

Not all Wall Street professionals will see a pay cut. Advisors and private bankers working directly with high net worth clients will likely see bonuses that are flat or even 5% higher.

Only 4% of plan sponsors have established goals to engage workers younger than 35 in their defined contribution plans, even though they know the younger generation's participation and contribution rates lag their older colleagues, a survey by Greenwich Associates for Northern Trust finds.

Prudential Retirement has launched a website dedicated to assisting plan sponsors and advisors help Americans put aside the money they’ll need for retirement and guarantee a sustainable source of income throughout its duration.

Affluent investors are very much in tune with the state of the nation and, except for some attractive stock valuations, they don’t like what they see. That was the main finding of a survey that Fidelity Investments took of 3,000 affluent investors, polling them in person or via a webinar at an Inside/Out Roundtable at 85 Fidelity Investor Centers nationwide.

Deutsche Boerse CEO Reto Francioni said there is little overlap in trading conducted on its Eurex derivatives exchange with that conducted on NYSE Euronext’s Liffe exchange.

The SEC has accused Chetan Kapur, a manager of a fund of hedge funds, with deceptive conduct in investing in hedge funds that are either Ponzi schemes or fraudulent.

Marketing expert Marie Swift says its time for bloggers, tweeps, LinkedIn and Facebook addicts to take a timeout and realize that while building a positive online presence is important, it’s also crucial for financial advisors to think about their overall business image.

CLS Investments, a leading independent third-party money manager, is preaching the gospel of engaging with investors on new platforms ranging from apps for tablet computers and smartphones to online video commentaries and social media sites like Facebook and Twitter.

So it is coming down to this: a capital buffer or -- hold on to your portfolio P&L -- a floating net asset value.

CPA allegedly violated injunction from practicing before the SEC by auditing broker-dealers.

UBS Securities has once again been penalized for its improper handling of short sales. This time, the fine from the SEC is for $8 million and follows a $12 millon fine imposed by FINRA less than two weeks ago.

A new research study found that when people were shown age-progressed images of themselves depicting what they’d look like at 65, working-age adults were willing to allocate almost 33% more of their paychecks to their retirement accounts than those who didn't get a sneak peek at their future faces.

Typically, it takes a storm to disengage the autopilot and force advisors into making positive changes in their life. But Steve Sanduski, the Prosperous Advisor, says it’s important for financial advisors to be proactive about improving their lives and their practice before it’s too late.

J.P. Morgan Asset Management is advocating a fundamentally different approach to defined contribution plans by stripping down offerings and complexities to a menu of just three choices: a diversified stock portfolio, a diversified bond portfolio and one offering diversified cash alternatives.

Ultra-high-net-worth individuals, defined as those with a net worth of more than $30 million, in North America will outpace UHNW individuals in Asia-Pacific through 2032, according to Wealth-X’s "World Ultra Wealth Report 2011."

FINRA has fined Morgan Stanley Smith Barney $1 million and ordered another $371,000 in restitution and interest to customers for excessive markups and markdowns charged to customers on corporate and municipal bond transactions as well as other supervision violations.

The Financial Services Authority has slapped a Dubai-based private investor a record $9.6 million – the largest fine ever for an individual – for manipulating the price of a Indian firm traded on the London Stock Exchange.

FINRA has proposed a new rule requiring carrying and clearing firms to maintain certain customer records electronically in an automated accessible location to facilitate the liquidation and transfer of customer accounts if the firm goes bust.

Fringe Benefit Administrators will keep its name under the Lincoln Trust umbrella, and expand the Denver firm’s presence in the Southeast.

NYSE Technologies said it extended its global trading network to a fifth Equinix data center.