Practice management

Bernie Madoff's legacy is still influencing the regulatory community.

As many single family offices remain concerned about their long-term sustainability, money is pouring into multi-family offices, according to the Family Wealth Alliance.

The Newsweek correspondent said “Obama is trying to rally populist sentiment against Wall Street."

Sen. Scott Brown of Massachusetts says the proposed reforms would treat mutual funds like banking products.

The Securities and Exchange Commission’s Office of Inspector General found that at least 33 SEC employees and contractors used government computers to view pornographic images in the past five years.

It appears the best way to broker a compromise on a hot-button issue in the regulatory reform bill is to study it. That, at least, is the approach taken in Senate Banking Committee Chairman Chris Dodd's 1,300-plus-page bill, which includes more than two dozen studies on topics from industrial loan companies to contingent capital to the implementation of the Volcker Rule.

According to Sullivan, everyone has multipliers, each of which are related to five main topics: Time, people, money, technology and purpose in life.

The regulator fined units of the two banking companies $1.5 million and $275,000 respectively for auction rate securities violations.

Despite recent tough talk about problems with the regulatory reform bill, Republicans are unlikely to win significant concessions as the legislation moves to the Senate floor.

More wealthy people turn to financial planning to ease their minds.

Lawmakers split Tuesday on whether the regulatory reform bill should include a "financial crisis responsibility fee" charged on the largest institutions.

After more than a week of escalating partisan rhetoric over regulatory reform, Senate Republican leaders significantly changed their tone on Tuesday, suggesting a bipartisan bill was now within reach.

Affluent parents can creatively help their children while still holding them responsible for educational expenses.

According to Bank of America Corp.’s Merrill Lynch Affluent Insights Quarterly survey, affluent investors have become slightly less concerned about the economy’s impact on their ability to meet financial goals, but issues related to retirement and healthcare rank highest among financial concerns.

Seeking to win Republican votes for regulatory reform legislation, Senate Banking Committee Chairman Chris Dodd and other Democrats suggested Monday that they are open to eliminating a proposed $50 billion resolution fund for systemically important institutions.

As lawmakers continue to spar over regulatory reform legislation, a separate push to charge the largest banks a "financial crisis responsibility fee" is gaining momentum.

More than 18 months after the largest bank failure in U.S. history, regulators of the collapsed Washington Mutual Inc. faced a day of reckoning Friday, with a key lawmaker accusing them of gross incompetence.

The political pressure to enact financial reform intensified Friday as the government accused Goldman Sachs Group Inc. of defrauding investors and the Senate concluded two days of hearings highlighting the assertedly lax supervision that preceded the largest bank failure in the country's history.

LIMRA’s 2010 Retirement Industry Conference in Washington D.C., this week was filled with doom and gloom, despite the recent surge of the Dow Jones Industrial Average.

In the last of our three-part series, Hulett discusses the challenges to expect and the one thing no one talks about when discussing how to focus on a target market…