Practice management

Doors to the first meeting of the Financial Stability Oversight Council will be closed, but rest assured improvements in the oversight of the financial services business are underway.

The unit of Royal Bank of Canada announced Wednesday it added Larry VanLaningham and Kevin Morrice to its Portland, Ore., office. Both will report to Richard Sorenson, the complex director for RBC Wealth in Portland.

If you’ve done something wrong, cooperation is key to holding onto your certified financial planner designation.

The advisor allegedly gained access and control over all the assets of an MSSB clients, a 98-year-old woman in failing health.

Kasina’s annual top 10 listing touts timely tools and portability of information as key factors for advisors.

Barclays has been expanding its U.S. wealth management operations slowly and selectively, but Tuesday added executives from UBS, JPMorgan Chase and other firms.

Following a difficult August, confidence among millionaire investors saw its largest increase in more than a year.

Putting advisors’ fate in the hands of non-industry participants is dangerous, some argue, while others say the process should be scrapped altogether.

When building the book you want, turning down prospects who aren’t a good fit can save both of you a lot of heartache down the line.

President Obama signed the Small Business Jobs Act into law on Monday, providing $12 billion in tax breaks and a $30 billion lending fund for small businesses.

The move underscored the difficulty of implementing the Dodd-Frank regulatory reform law, which requires regulators to act independently and in concert with other agencies.

The designation’s enforcers admonish, suspend and bar advisors for transgressions that range from squalid to bizarre.

Meet the "Nevertirees": Sixty percent of wealthy individuals globally plan to never retire.

The combination of having at least three of the proposed 10 “industry” seats on its expanded board dedicated to nondealer muni advisors, along with the establishment of a council of advisors to bounce ideas off the board, will ensure that advisors are fairly regulated beginning Oct. 1, the Municipal Securities Rulemaking Board is insisting.

The company hired Donald Gershuny as a managing director and general counsel, Americas; and Peter Reynolds as a managing director and chief risk officer, Americas.

Bank of America Merrill Lynch said it is forming a Global Futures and Derivatives Clearing Services group ”in anticipation of the substantial growth in OTC derivatives clearing.”

Baird added six wealth management pros, including four advisors, to one of its Colorado office, who bring a combined $450 million in client assets.

The addition to its open technology platform expands independent advisors’ access to third-party providers

Rep. Spencer Bachus came out swinging Wednesday against speculation he may not become chairman of the House Financial Services Committee if Republicans win control of the House in the midterm elections.

Concerns about temporary restraining orders from Protocol violations are overblown.