Practice management

Robert L. Reynolds, the company’s president and chief executive officer, said he thinks there are a range of opportunities for Putnam to develop products for Boomers “as they age and the need for lifetime income solutions becomes more evident.”

While coping with the flash crash and regulatory reform, the SEC's "new sheriff in town" paused for an interview Monday evening with CNBC's Maria Bartiromo.

The Securities Industry and Financial Markets Association Monday said the creation of a system of monitoring overall risks to the nation's financial industry could take one of eight forms, each of which would be costly.

A lot of wealth management firms are unprofitable so-called lifestyle practices, according to a report by Fiduciary Network.

More than 3,000 unwitting Canadians were fleeced of their retirement investments by four Canadians and two Florida men. The SEC's Denver office brought them in.

Survey results show some producers are using social media, but say it’s not generating new business.

A fight is brewing over which agency should replace the soon-to-be-eliminated Office of Thrift Supervision on the board of the Federal Deposit Insurance Corp. While the House regulatory reform bill would give that seat to the Federal Reserve Board, the Senate's version would assign it to the proposed consumer protection bureau.

The $5 billion earmarked by Congress for early retirees is supposed to be available through 2014.

The regulatory reform conference committee officially kicked off Thursday, and while the final fate of key provisions remains up in the air, it is clear senators have several advantages over their House counterparts.

According to a survey by TD Ameritrade Institutional, 68% of independent advisors increased their roster of clients over the last six months, up 13% from the previous quarter.

Senate Banking Committee Chairman Chris Dodd on Wednesday endorsed a proposal to force banks to spin off their derivatives desks, saying Sen. Blanche Lincoln's primary win this week had increased odds some form of it would be in the final regulatory reform bill.

Those with succession plans favor turning the firm over to key employees.

Chairman Mary Schapiro recently told the Business Roundtable that the regulator is looking at proxy firms and the OBO/NOBO (“non-objecting beneficial owners”) systems.

Morgan Stanley denied the widely circulated news report that it planned to cut 300 branches and 1,200 jobs. The company had confirmed previously that it had a round of 200 layoffs just before Memorial Day.

Let the game begin! With MSSB's move, can Merrill be far behind?

Upper quintile earners that are over 65 still derive 40% of their income from work, which means new assets for advisors to tap.

An IRS agent has been charged with soliciting and accepting a $9,700 bribe from two business owners in exchange for lowering the amount of taxes they owed.

Fiserv is trying to round out its wealth management software offerings with its acquisition of AdviceAmerica and said it might forge additional partnerships to become more competitive.

With lawmakers from both chambers of Congress set to begin hammering out a single financial regulatory reform bill on Wednesday, one of the most contentious municipal-market issues to be worked out centers on who will regulate non-dealer financial advisers, swap advisers and other market intermediaries.

Interviews with analysts, industry representatives, academics and other sources point to a growing consensus on how some of these issues will play out.