Practice management

It’s no secret that client referrals are essential to an advisor’s growth. The hard part is implementing an effective strategy. Here's what financial advisors need to know to supercharge their referral business.

An unexpected windfall is welcome, but stressful. Here's a plan for helping clients cope.

The last crash is still fresh in the minds of investors — and recent volatility doesn't help.

The firm has embarked on an aggressive strategy to double the assets in its managed account group over the next five years and these two men are leading the way.

A practice management expert offers insight into the land of the semi-captive and dually registered advisor.

A Financial Industry Regulatory Authority arbitration panel has ordered Wedbush Securities and one of its former brokers to pay $2.9 million in damages and fees to an elderly investor who allegedly fell victim to a faulty investment scheme.

The trade group representing clearing agents and exchanges in the futures market says that the Commodity Futures Trading Commission has underestimated the costs of potentially requiring broker-dealers and clearing firms to record phone and electronic communications and store records.

linkedFA, a social networking site for financial advisors and professionals, has boosted its content offerings thanks to a deal with press release distributor Businesswire.

Financial advisors looking for new and more effective ways to interact with their Baby Boomer clients -- or find new ones -- should be inspired by a new Pew Research Center report that found social networking participation among this highly coveted group surged more than 60% in the past year.

CUNA Mutual Group this week launched a new online retirement guidance platform called RetireOnTarget to help more than 140,000 credit union employees manage their 401(k) accounts and make more informed retirement planning decisions.

When managing investors’ financial lives through a major storm like Hurricane Irene, keeping in touch and relying on a network of offices was key to helping advisors and their clients pull through.

Although Hurricane Irene may have wreaked havoc on millions of households across the East Coast, the storm had little impact on core post-trade clearing and settlement activities.

Many financial advisors are able to successfully pitch their own story ideas, place their own bylined content with reputable media outlets and navigate the PR waters on their own without the help of a professional PR firm or marketing consultant. But if you want to generate more interviews and media success, you’ll want to steer clear of these harmful (and potentially fatal) rookie blunders.

Helping with clients with a wide variety of financial planning issues, including tax preparation, is a big part of the strategy at Vintage Financial Services of Ann Arbor, Mich. according to Frank Moore, the firm’s founder and chief investment officer.

The New York Stock Exchange, the Nasdaq Stock Market, Direct Edge and BATS Global Markets said they will open for business at 9:30 a.m. Monday, for normal operations.

There are a lot of technology nightmares that follow a merger, but untangling contracts for software and other systems is one of the biggest.

Hurricane Irene is expected to make landfall Saturday in coastal North Carolina and hit the turf that houses the data centers that make up Wall Street on Sunday.

Compliance professionals don’t think the Dodd-Frank Wall Street Reform and Consumer Protection Act will lead to a significant increase in compliance spending this year and they expect more money will be allocated to technology rather than education and consulting, according to a new study conducted between March and April by National Regulatory Services (NRS).

Steve Jobs' resignation as Apple Computer's chief executive may prove a mixed bag -- but a critically important one -- for banks.

At focus11, LPL Financial's national conference held earlier this month, it was clear that social media was clearly more than just a casual "focus" for the 5,000-plus attendees. Along with several well attended sessions, LPL had a station on the exhibit floor dedicated to the topic that enjoyed constant advisor traffic.