Practice management

You might think that doing the most productive thing at every given moment means that you should always be working or always doing something tangible that moves you closer to your goals. In reality, top achievers realize that there are numerous “things” they can do, that on the surface may not appear to move them closer to their goals, but in fact actually do.

While the international millionaire population’s wealth rose past pre-crisis levels in 2010, wealth managers need to prepare as that demographic gradually shifts to younger clients, according to a new report released on Wednesday.

With only 51% of Americans believing they will have enough money to enjoy a comfortable retirement, an all-time low, the Country Financial Security Index fell one point in June to 63.7.

The SEC wants to exclude the value of a client’s primary residence and any debt secured by the property when calculating a household’s net worth. What took so long?

Despite witnessing firsthand the anxiety and apprehension that many of their Baby Boomer parents are now enduring as they close in on retirement, the overwhelming majority of Gen-Xers are still not adequately preparing themselves for their own eventual retirement.

It’s official. Senior ranking Wall Street operations executives must be licensed as operations professionals. The Securities and Exchange Commission has approved the Financial Industry Regulatory Authority’s request to do so, albeit with some minor changes.

While international regulators continue to spar over the right size of a proposed capital surcharge for the largest banks, the U.S. banking agencies are disagreeing among themselves on the issue.

Writing out retirement income plans is a great way for financial advisors to increase client satisfaction, gain more referrals and ultimately increase assets -- yet few of them do it, according to a new study from Fidelity Investments.

One area where women are being left behind is in corporate America, said Aditi Mohapatra, Senior Sustainability Analyst at Calvert Investment Management, at the Women Advisors Forum in Chicago on Monday.

Lightspeed Financial said it acquired the Irish operations of Lime Brokerage International.

Broadridge Financial Solutions said it is beginning to supply post-trade processing services to prime brokers and investment banks.

I’m in Chicago today where I’ll be speaking on a panel about social media and building a strong online presence at the Women Advisors Forum.

Most say job interviews at leading financial institutions are generally good experiences, according to anonymous reviews from job seekers posting to the online community website Glassdoor.com

Citigroup has completed an "extensive upgrade" of its electronic trading infrastructure and now says it is providing institutional clients with continuous, 24-hour access to global markets.

John Hancock Retirement Plan Services has introduced a second generation of its PRIME Elements iPad application for retirement plan advisers and consultants.

Moody's has launched a mobile-optimized version of Moodys.com that allows market participants to see Moody’s credit ratings and research on smartphones and other mobile devices.

Nearly three years since the financial crisis began, lawmakers appear consumed again with a very precrisis topic: Is overregulation driving financial institutions overseas?

Fifty-four percent of adults age 65 or older are confident in their retirement preparedness, according to Charles Schwab’s latest quarterly retirement pulse survey. But only 26% of those between the ages of 18 and 34 share those feelings.

The CFA Institute this week said 43% of the 185 investment professionals who sat for the Certificate in Investment Performance Measurement (CIPM) program exam in April managed to achieve a passing grade and can now add the CIPM designation to their resumes.

A report conducted by the Economist Intelligence Unit and released this week by SAS, the big business analytics software firm, warns that financial institutions, particularly in the U.S., are “feeling too comfortable” about their risk management systems and suggests they may be unprepared for the next crisis.