Practice management

Commentary: Of the five economic proposals Jesse Myerson lists in Rolling Stone, one stands out, though not in a positive sense: that the U.S. start a sovereign wealth fund. It's a proposal that would prove problematic for capital markets, pose thorny conflicts of interest, and offer vast opportunities for cronyism and graft.

The CFP Board announced this week that it's shortening its CFP certification exam and transitioning to a computer-based testing platform.

FINRA alleges that the firms' advisors sold two types of highly risky ETFs that even they didn't understand.

The big Dutch financial-services company will post a 1.2 billion-euro ($1.6 billion) charge after agreeing to end some payment obligations to its pension fund in the Netherlands.

Members of the Senate Banking Committee and others are raising concerns about the credibility of a pending watchdog report analyzing whether some banks are still "too big to fail," suggesting some experts it relies on may be too closely tied to Wall Street.

An overwhelming majority of Hispanic and African-Americans say that financial services firms need to hire more diverse staffs, according to a survey conducted by Harris Interactive on behalf of Edward Jones.

What is the ideal number of times to be in touch with clients each year? It's probably higher than you think. Here are some ideas to help deepen your relationships.

The SEC tapped one of its own Monday to lead the agency's enforcement division tasked with conducting investigations into complex financial instruments.

The Senate voted 56 to 26 late Monday to confirm Janet Yellen as the next leader of the Federal Reserve Board.

Raoul Weil, once a powerful UBS AG executive, will return today to a U.S. courthouse where prosecutors said last month he ran a business that used Swiss bank secrecy to help Americans cheat on their taxes.

Concern about rate policy shifts is the factor most likely to drive changes to client retirement income portfolios in 2014, according to a new survey from GDC Research and Practical Perspectives.

The Family Office Exchange's newly published Guide to the Professional Family Office offers time-tested recommendations to help wealthy families maintain their fortunes.

George Canellos, who played a key role in the SEC's efforts to punish misconduct related to the 2008 financial crisis, is leaving the agency after more than four years.

Boeing Co.’s long-term production plans for its new 777X aircraft and three other jets are at stake in a showdown with its largest union that pits worker pensions against the planemaker’s appetite for risk.

The Illinois State Employees Association Retirees sued state officials and retirement systems to block a plan that reduces pension benefits to fix a $100 billion shortfall.

Companies that stuck by their defined-benefit pension plans through the difficult years appear unlikely to seek to disband the benefit. One exception, however, is Boeing, which wants to convert its pension plan to a 401(k)-style retirement program.

Brokers selling higher-fee investments like non-traded real-estate investment trusts and derivative-backed structured notes may get more scrutiny this year after those markets grew in 2013.

Regulators are hoping to release an interim final rule next week designed to satisfy banker demands to change a provision of the Volcker Rule that threatens to force smaller institutions to take millions of dollars in write-offs.

FINRA has identified the suitability of the bonds of distressed municipalities for investors, as well as municipal advisor activity, as areas it will focus on in 2014.

Younger millennials carry half the debt of their older peers.