Practice management

When financial planners launch a firm, success hinges on knowing how to run a business.

Using new technology from Salesforce, the Boston bank is arming staffers with real-time customer data in a bid to increase wallet share, speed up decisions and help it handle problems quickly and efficiently.

Two Merrill Lynch veterans who generated about $1.6 million have left the wirehouse for Raymond James & Associates.

In cases heard by an SEC administrative law judge or a FINRA hearing panel, a study finds, 46.7% of broker-dealers, advisors and registered reps succeeded in getting charges dismissed or lowering the sanctions imposed.

Key performance indicators are becoming increasingly important as a way for owners of financial advisory firms to enhance the value of their business.

Whether you're selling right now or next decade, there are many ways to make any solo practice appeal to buyers.

So-called robo advisors are shaking up the wealth management industry, but they can't replicate the human touch of actual advisors.

Standard monthly payments are just one of several options for paying off loans after graduation.

Morgan Stanley has lost two advisor teams that managed more than $400 million in assets.

Social media isn't verboten, but it's crucial that planners know the rules.

Emboldened by a newfound sense of what their investment programs offer, more banks are turning to wirehouses for recruits.

'The robo-advisors worry us,' said Rush Benton of CapTrust Financial Advisors at a panel on firm valuations.

Hoping to catch the baby boomer retirement wave, Merrill Lynch unveils a new approach to financial planning.

Financial advisors: Here's how to get a baseline reading of your own firm's practices.

If Tim Geithner had his way, the government would have bailed out Washington Mutual bondholders and prevented Wells Fargo from acquiring the floundering Wachovia Corp. in 2008, ensuring instead that it was awarded to Citigroup

Raymond James has recruited a veteran advisor from Morgan Stanley where he managed more than $360 million.

Though Vice Chairman Thomas Hoenig and board member Jeremiah Norton must defer to Chairman Martin Gruenberg on setting the Federal Deposit Insurance Corp.'s agenda, the two directors have still found ways to affect policy, particularly on new capital rules for the biggest banks.

Events are a great way for advisors to build business and interact with qualified prospective clients, but you must be creative. Here are some fresh ideas.

Clients who suddenly come into newfound wealth can see that money dissipate just as quickly as it appeared. Advisors can be an anchor on financial reality. Here's how.

Investors often give their advisors the wrong objectives for a portfolio. Here's how to steer them in the right direction.