Practice management

Regulation is the biggest driver of change for mutual funds and money market funds, according to a new EY survey, and it may have consequences beyond higher costs. Heightened regulatory demands anticipated to fall on managers and their products means increased costs of doing business. For financial advisors, this may mean higher costs of products for their clients or, if costs become too high, potentially avoiding such products in favor of more passive investment methods. …

Can Social Security benefits be seized by collectors; Key numbers to know for a successful retirement; Costly mistakes to avoid

Finished your beach reading yet? Our Summer Reading List was so popular that we put together a sequel. Here are 10 of the top-rated books for financial advisors on Amazon.com. Enjoy these helpful titles on a getaway -- whether it's on the beach or on a business trip.

Community banks need to rethink their technology and marketing to ensure they are snagging a piece of the millennial generation. Big banks have the lead in reaching this demographic, but they are vulnerable, experts said.

Barclays saw a rise in the number of U.S. shares traded in its dark pool, paring some of the losses in the two weeks after it was sued by New York for allegedly lying to customers of the venue.

6 ways low savers can catch up; Pitfalls of longevity annuities; 50 important stats about long-term care

Many advisors have not formalized their client communication practices, a misstep that could hamper long-term business success, according to a recent FPA study.

Merrill Lynch's expanding financial boot camp deepens relationships by helping wealthy clients ensure that the family fortune lasts beyond this generation and the next.

Raymond James is launching a new education campaign to arm the firm's advisors with tools and techniques based on research from MIT's AgeLab.

Ion Bank has been using interactive teller machines, which let customers conduct video chats with tellers, for more than a year. The technology has helped some of its branches stay open for business 27 hours longer per week without overspending.

6 ways new tax law benefits sustainable retirement; Who has the best retirement plan; Avoid rollovers of IRA CDs

The Massachusetts Democrat unsurprisingly defended the financial reform law, yet also indicated he disagreed with regulators on implementation of some elements and a push by Sen. Elizabeth Warren to restore Depression-era rules separating banking from other industries.

BlackRock Inc., Fidelity Investments and Vanguard Group Inc., three of the five largest money-market fund providers, expressed support for the new rules adopted today by the U.S. Securities and Exchange Commission to end years of debate on how to make the $2.6 trillion industry safer.

Do you have the best or worst 401(k) plan; 7 deadly sins of retirement; How to avert a Casey Kasem-type drama

The proposal prohibits brokers from arranging for the expungement of customer complaints as part of arbitration settlements.

Increasingly, firms are seeking to move toward an ensemble model to improve flexibility and ease the burden on top advisors.

New rules will require institutional prime funds to allow NAV to float to market value.

The wirehouse aims to appeal to the next generation of advisors with its new Team Financial Advisor training program.

The only person convicted of fraud related to a $20 billion government bail-out program, Jesse Litvak may spend almost a decade in prison for lying to his customers about mortgage-backed securities.

A 401(k) for everyone; A disturbing look at the new retirement; To get the annuity right, start at the finish line