Practice management

See how one high-profile financial advisor is planning for his firm's future.

The House Ways and Means Select Revenue Measures Subcommittee held a hearing this week to discuss possible tax reforms on financial products such as derivatives.

Norm Champ, director of the Securities and Exchange Commission's Division of Investment Management, last week took the first steps in meeting and speaking with members of the Investment Company Institute.

There are great lists out there to tell you as the advisor/owner/founder what you should delegate and to whom, according to Matthew Halloran. Paperwork, compliance, management, asset management, and marketing are things you all will try to delegate, and still you wonder why you are now growing as fast as you would like.

Why do so many people handle their own investments, rather than use an advisor? A bad experience? Cost concerns? Neither of the above, according to a new survey for the Deloitte Center for Financial Services.

It’s tax season, and that usually means a lot of scrambling around to prepare and find ways to cut taxes. We know that many accountants across the nation are tirelessly working to complete these reports by April 15, so we asked advisors what they thought were some common tax mistakes that accountants make.

Anne Copeland, the newly appointed head of Private Wealth Management, anticipates a “good bit of organic growth” from one of the most basic of business activities.

Birds do it. Bees do it. Planners with complementary philosophies should probably do it. Coupling up, in the business sense, can increase income by 32% or more. So, how can you partner more successfully?

NAPFA's Genesis group, for fee-only advisors 33 and younger, this week launched a set of scholarships to help younger advisors develop their professional skills.

For the visually inclined, we've created an infographic to highlight some of the major shifts under way in demographics, technology and global wealth.

To make sure the time and effort you’ve invested in finding the right employee pays off, you need to spend just as much time planning how that employee will be trained as quickly, efficiently and effectively as possible, according to productivity expert Chris Kirby.

“The primary reason for the drop-off in fines was because there were no auction rate securities cases in 2012,” said Brian Rubin, partner in the Washington, D.C., law firm Sutherland Asbill & Brennan.

Charles Schwab is deepening its dedication to technology with a new agreement with DST Output.

A bipartisan pair of lawmakers introduced legislation that would make it easier for workers to repay loans or withdrawals they take from their employer-sponsored 401(k) plan, drawing praise from a leading trade group representing retirement-plan advisors.

After experiencing nearly 30 years of benign, cooperative capital-markets behavior, Ken Haman says many advisors are baffled or frustrated by how difficult it has become to get clients to accept new investment ideas. But if we can understand more accurately how humans cope with anticipating various outcomes, we can structure our messaging to be more effective at getting clients to take the right kinds of actions.

MyNewFinancialAdvisor.com has created an online referral, or eReferral, system, connecting financial advisors and prospective clients based in the United States.

A former Massachusetts CFP and his colleague spent $1 million of their clients’ funds on personal expenses, including fast food, legal fees and ATM withdrawals at casinos, the SEC alleges.

Four firms agreed to pay $105,000 in fines for violations of pricing, political contribution, supervisory and other rules of the Municipal Securities Rulemaking Board.

The Pasadena-Calif.-based bank decided to move its program because of Cetera’s technology platform, product menu, reporting capabilities and the training it provides advisors.

The Senate Banking Committee approved Mary Jo White’s nomination to lead the Securities and Exchange Commission on a bipartisan vote, clearing her way to become the first ex-prosecutor to lead the agency.