Practice management

If you want to know what the outlook will look like for 2011 look back at 2010, said Jeffrey Kleintop of LPL Financial in his opening remarks at the IMCA Practice Management Conference in Vail, Colorado on Monday.

Tech guru Kip Gregory offers his guidance to take advisors the next level.

Says it creates a more bureaucratic government, rather than a nimble, forward-looking one.

The trustee seeking to recover funds lost in the Bernard Madoff securities fraud Sunday sought $9 billion from international banking firm HSBC, in a bankruptcy court complaint.

As part of an initiative to expand, the New York-based wealth manager hired Michael C. Brown as a partner and director of wealth management.

The Federal Reserve Board is now leading an examination of put-back risk at the largest banks, asking institutions to include their exposure to repurchases in reports to the central bank about their capital strength.

The fees on securities transactions and on registrations of securities that fund the operations of the Securities and Exchange Commission are set to jump as much as 62 percent, once its budget for the next fiscal year are approved.

The Financial Industry Regulatory Authority Friday morning said it is seeking a Temporary Cease and Desist Order against a San Antonio brokerage that allegedly is operating a "boiler room" designed to raise money for oil and gas ventures its president runs.

It’s a good time to open up conversations about future medical expenses, especially when it comes to clients who are shy about confiding medical issues and those reluctant to purchase long term care policies.

The SEC has revoked the registration of Thrasher Capital Management in New York for not providing the company’s books and records to the regulatorin May 2009 and ignoring repeated requests to do so.

As regulators try to collaborate on new securitization rules, a fissure has emerged in bankers' own thinking on the subject.

UBS announced Thursday it hired Dave Schrohe as chief operating officer of its wealth management solutions management team.

As the economy and client demand recover, broker-dealers aim to sign up new advisors

For the first time since significant mortgage servicing problems came to light, federal regulators called on Congress Wednesday to establish national standards for the foreclosure process.

In the end, solutions must be broadly equitable in the broadest sense.

James Hertz, a former vice president and marketer in JPMorgan’s municipal derivatives group, pleaded guilty Tuesday to three criminal counts for engaging in bid-rigging and fraud conspiracies connected with guaranteed investment contracts and other municipal finance agreements, the Justice Department announced.

The London Stock Exchange Group said UBS AG became the first international bank to begin directly reporting market data usage, in real time.

The Securities and Exchange Commission’s insider trading sweep leaped across the Atlantic Ocean, with a former tax partner at Deloitte LLP charged with leaking confidential information on potential mergers to family members in London.

The Securities and Exchange Commission has set the timetable and ground rules for when and how some mid-sized investment advisors can deregister with the federal regulatory agency and be overseen by state regulators.

State Street said it will cut 5% of its work force, as it accelerates its investment in new technologies such as "private processing clouds."