Practice management

The sweeping move affected financial planners in 14 states, and is the largest number of sanctions that the CFP Board has issued in three years, Dan Drummond, a CFP Board spokesman said in a telephone interview Wednesday morning.

Mobile apps and smartphones are all the rage on Main Street, but only a small minority of investors and traders are using them for their portfolios.

Republicans and Democrats sparred Tuesday over the economic impact of derivatives regulations as the House prepared for a broader fight over the budgets of agencies tasked with writing and enforcing the new rules.

An executive said that employees continue to be “grossly under prepared for retirement,” with over 82% reporting that they are not on track to meet their retirement goals.

Most projections call for financial services firms to boost tech spending this year by 5% or less. Then, there's Brad Lyman, director of technology at Matthews International Capital Management, and a more robust estimate today at the National Investment Company Service Association 2011 Conference & Expo.

An audit of financial services firms' advisor websites reveals that most have improved in a number of key categories, but most still only rank somewhere between "fair" and "good."

About 21.5% of all financial planning firms offer telecommuting as a benefit to employees, according to the 2010-11 Financial Planning Salary Survey from the FPA.

The market's heating up and banks and investment houses need new or better employees to fill their holes and more and more of them are looking outside the industry for help.

The “Who Knew” campaign showcases the firm’s four- and five-star-rated funds.

Although the estimated costs of the Troubled Asset Relief Program have fallen markedly during the past year, the Obama administration's 2012 fiscal budget said the largest banks that benefited from the bailout should still be taxed to make up any cost to the government.

A survey by PNC Wealth Management found that the recession has created a rift between wealthy couples on how they view personal finances, as well as plan and discuss money.

Advisors help plan their clients’ futures day in and day out, but when it comes to their own planning, too often it is a case of the cobbler’s kids not having new shoes.

The 29th Annual National Investment Company Service Association Conference & Expo opens Monday, with NICSA president Theresa Hammacher launching two assessments of the state of the fund industry.

As a House Judiciary Committee panel meets Monday to hold a hearing on public pensions and the need for state bankruptcy protection, pension and muni bond experts are opposing a recently introduced bill that would prohibit them from issuing tax-exempt bonds unless they subject their pension plans to federal oversight and regulation.

Two deputies were named in the FDIC's Office of Complex Financial Institutions, while three staff positions were announced in the Division of Depositor and Consumer Protection.

Initiative aims to loosen up credit to small businesses for expansion, job creation and improve local banks' liquidity.

According to a poll of 41 individuals with more than $5 million of investable assets conducted by SEI, 68% admitted that emotions get in the way of making the best choices, while 17% said instinct guides them most.

Operating in a small city can present challenges but also quite a few growth opportunities for a financial planning firm. So says Cheryl Holland, a registered financial advisor and president of Abacus Planning Group, Inc. in Columbia, S.C.

Rule-making body wants the SEC to make changes to prevent potential conflict of interest in municipal securities trading.

What’s a wirehouse advisor to do in this uncomfortable situation? And there’s more on the fiduciary standard.