Practice management

The asset management industry has stepped up marketing efforts aimed at advisors, hoping to boost both sales and credibility.

The proposal would require advisors changing firms to disclose financial incentives of $100,000 or more in either upfront recruitment bonuses or deferred bonuses, according to FINRA documents.

SEC examiners frequently cite firms for insufficient disclosures, an SEC official says. Here are some of the most common conflicts that advisors fail to disclose adequately to their clients.

The Office of the Comptroller of the Currency has joined other regulators in seeking to simplify megabanks' myriad legal entities. But instead of being focused on helping a bank to unwind in a failure, the OCC argues simplification can greatly help operational efficiency.

Hiring the wrong person can seriously damage your firm. Here’s what to avoid.

Cybersecurity is an area of growing SEC concern and examiners will increasingly be expecting RIAs of all sizes to have in place more robust policies and procedures to deal with the growing threats to their information systems.

The commission is committed to moving forward on a uniform fiduciary standard for advisors and broker-dealers and also expects to finalize money market reforms by the end of the year.

Young Americans not only have little loyalty to banks, but many also believe that traditional financial institutions are on their way to irrelevance, a new survey shows.

While acknowledging discrepancies between BrokerCheck and state reports, FINRA says it is right to exclude some information and that other "missing" information is in fact included.

Wealthy clients who frequently request services beyond traditional financial planning can create a challenging balancing act for advisors who serve this highly sought-after client base.

Wealthy clients who frequently request services beyond traditional financial planning can create a challenging balancing act for advisors who serve this highly sought-after client base.

People underestimate the chances of dying from likely causes, like heart failure, while overestimating the chances of dying from an unlikely cause, like murder. This can cause big mistakes in retirement planning.

A "sunset program" for soon-to-retire advisors is already underway at some banks. But there is still much to be done, industry executives say.

In particular, the commission is looking for cases when advisors trade on behalf of clients without written disclosure and consent, or fail to process a trade on the most favorable terms for their clients, says an enforcement division co-chief.

Unity Bank, a subsidiary of Unity Bancorp, has opened a new division that will offer a wide range of investment products and services aimed at helping customers to grow and preserve wealth.

Thousands of Credit Suisse Group’s U.S. clients still don’t know whether tax authorities will learn their identities as prosecutors work to conclude a three- year probe of how the bank helped them evade taxes.

OCC bank examiner says banks have given their programs too much latitude and need to reclaim a more active role in oversight.

Deciding when to claim Social Security is one of the biggest financial decisions your clients will ever make and you need to be able to frame the discussion properly in order to help.

The advisor groups advocating for SEC vs. FINRA oversight of the RIA sector are turning their lobbying efforts away from the House.

Your wealthy client wants to sell his or her business. What can you do to help plan properly for this major liquidity event?