Practice management

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.

After nearly a month of delays, the Senate was expected to pass a bill late Wednesday that would create a $30 billion small-business lending fund.

Too few women have a detailed financial plan in place, according to a Prudential Financial study, something that can impact their financial security in the long run.

Advisors gather at Boston University to trade ideas on how to build a better practice.

Despite efforts by most financial services companies to get investors to use more online tools for financial planning, most affluent individuals still prefer to work one-on-one with a trusted advisor.

The Securities and Exchange Commission has begun to seek comment on the fiduciary standard of care that broker-dealers and investment advisers are to provide customers in giving advice about investing in securities.

If the administration was looking to the more than 300 public comments for guidance in crafting a future for Fannie Mae and Freddie Mac, it better have a Plan B.

Younger investors heed financial advisors and information gleaned online

International banking regulators said Monday they reached broad agreement on the overarching principles that will shape capital requirements and liquidity rules for banks in the coming years.

Genworth Financial Wealth Management hired Matthew Matrisian as its new vice president and director of practice management to help build out succession planning tools, resources and services that can be delivered both online and at offline events.

Following the massive Ponzi scheme perpetrated by Bernard Madoff, almost 70% of respondents to an SEI poll say their clients want enhanced financial reporting capabilities from their wealth managers.