Practice management

In a recent filing, State Street, the Boston, Mass.-based institutional investor services firm, revealed that the Securities and Exchange Commission (SEC) and other federal authorities have inquired about its past foreign exchange practices.

New rules targeting broker-dealers could mean new exams for certain management professionals and new standards for SEC inquiries.

A group of Democratic members of the House, led by Rep. Carolyn McCarthy (D-NY) and Rep. Rush Holt (D-NJ), has written to the Department of Labor criticizing a new rule that would redefine the term fiduciary in the Employee Retirement Income Security Act of 1974.

The TNS Investor Confidence Index declines to 113 in April.

A two-hour Senate Banking Committee hearing Thursday touched on virtually every major financial services topic under the sun but resolved little.

New research by Novantas LLC, Forrester Research and others adds weight to an idea being kicked around in the industry: that mobile may have its limits as a way to entice tech-savvy customers, reduce branch use and cut costs.

The time and energy that the advisor focuses on the client produces far more terminal wealth for that client than anything you can get from the traditional investment management services.

The key is turning that overriding motivation into actual results in the real world.

The previous minimum was $3,000 for eleven of the twelve funds in the series.

In the last 18 to 24 months these proudcts have become increasingly available to the mass affluent because of a reduction in costs and an increase in efficiency, said AJ Harper, managing director of Lockwood Advisors, an affiliate of Pershing, in an interview at the Money Management Institute annual conference.

These four firms might be able to capture the $350 billion that affluent investors plan to roll over from their workplace retirement savings plan to an IRA.

With the ongoing probes as to how the Dodd-Frank Wall Street Reform and Consumer Protection Act could affect the financial marketplace, Riverside Risk Advisors executives are predicting new margin rules in the derivative sector will have significant impact on pension plan investment transactions.

Top House Democrats attempted to halt momentum Wednesday for a bill to delay by 18 months the derivatives provisions of the Dodd-Frank Act.

How do advisors know that social media really works? How can an advisor measure the direct impact on his or her practice and bottom line?

Morgan Stanley’s Steven W. Stroker will lead Baird’s wealth management offices in the central region.

At time when more Americans than ever are petrified they won't have enough set aside for retirement, a new LIMRA survey suggests that peace of mind could be just a phone call away.

Whether its establishing a Facebook page to hawk your wares or building a corporate profile on LinkedIn to recruit new employees, social media has been a game-changer for small businesses that have embraced it despite their initial reservations.

With more and more pension plans exiting their domestic equity commitments for a sustainable crutch, plan sponsors stated in a new study that many are looking to long-duration bond vehicles to backup their liability needs.

Advisors Asset Management is reaching out to the 37,000-plus registered reps and independent advisors in its network to help them begin or perhaps expand on their social media endeavors to help improve communication with their clients and attract new advisors to their firms.

Tradar said its portfolio and order management software will become available as a hosted service for fund managers, through Eze Castle Integration.