Practice management

Even as they begin dropping credit ratings as a supervisory source, regulators signaled Tuesday they are worried about abandoning their use altogether, suggesting that potential alternatives are not much of an improvement.

FINRA fined the financial services company for deficient conflict of interest disclosures in equity research reports and public appearances.

Fidelity says ongoing market volatility has led to increased need for advice.

A monumental shift is taking place in the mutual fund industry as wholesalers move to mobile apps for smartphones and tablet computers - en masse.

Although the Obama administration sought to avoid granting carve-outs as part of the regulatory reform bill, the final law is riddled with them.

Law curtails regulator's powers, requires radical transparency

The number of high net worth individuals in the top ten U.S. metropolitan areas jumped 17.5% in 2009, the highest growth rate in the last four years, according to the Capgemini 2010 U.S. Metro Wealth Index.

Transparency seen as reviving ABS markets.

Volatile equity markets are giving many investors a reason to sit on the sidelines. But members of Tiger 21, the peer-to-peer learning group for wealthy investors, like their stock plays and are sticking to them.

High net worth investors are integrating media devices, social media and social networking into their lives more than ever before, according to a new survey from the Institute for Private Investors (IPI). Other recent studies indicate that wealth management clients are increasingly using social media to compare notes on advisors, funds, fees, strategies and deals.

A survey indicates that most favor a heavier tax on the wealthy.

Regulators want it. Investors may want it more.

The Securities and Exchange Commission has accepted settlement offers from three former officers of New Century Financial Corp., the subprime lender that was one of the first to collapse at the start of the subprime mortgage crisis.

New client relationships and the retention of existing clients helped Fortigent, LLC report its best six month period ever on Thursday.

The Securities and Exchange Commission Thursday charged Citigroup with misleading investors about its exposure to subprime mortgage-related securities.

In a sign that the economy has a long way to go, U.S. small business owners’ confidence hit its lowest point in 29 quarters, according to the latest Wells Fargo/Gallup Small Business Index, conducted in July.

Eleven-year veteran with the company begins new appointment immediately.

Although women controlled approximately 27%, or $20.2 trillion, of the world’s wealth in 2009, over half of women feel wealth managers could be better meeting their financial needs, according to a Boston Consulting Group global study released on Thursday.

Fidelity sees increase in “breakaway” teams going independent; others maintain that wirehouse channel is the place to be.

Investors increasingly opt in to automatic investment accounts like target-date funds.