Practice management

More than four years after the financial crisis, individual investors remain wary about investing because of market volatility and past portfolio losses. David L. Giunta of Natixis says it is also clear how difficult it will be for advisors and other financial professionals to help these clients take steps to act in their own best interests. But, now is the perfect time for advisors to re-engage.

Survey respondents estimate they will need on average about $66,000 in annual income, significantly less than their current average income of $115,000.

Zinder notes that there are 200,000 financial advisors, but that only about 1,000 or so are producing $1 million a year. What are they doing that you’re not?

The United States is far from the best country worldwide when it comes to retirement savings, according to an index based on data from sources including the World Bank and the United Nations.

The SEC and the IRS have met to discuss tax implications if money-market mutual funds were to adopt a floating share price, two people familiar with the talks said.

Jeffrey Rubin, a Florida broker, was barred from the securities industry after more than 30 National Football League players including Terrell Owens lost at least $40 million on an Alabama casino project that went bankrupt.

Bank of America Merrill Lynch released a new 401(k) report that shows that more employees are taking positive actions to save towards retirement, and financial advisors can have a direct impact on continuing that trend going forward.

The firm has promoted Vin Campagnoli to chief information officer as it looks to continue expanding its platforms.

Growth can mean a number of things: professional development, growing assets, increasing enterprise value of the business, raising revenue or expanding profits. Shirl Penney examines a few lessons learned from the Dynasty Network on what advisors are doing to raise revenues and widen margins.

Women are closing the gap in saving rates for retirement compared to their male counterparts, according to fourth quarter 2012 data for defined contribution plans administered by MassMutual.

A Wells Fargo broker has been ordered to pay $650,000 in restitution for allegedly misappropriating client funds.

More than eight in 10 Americans (84%) expect to see their dentist this year for regular cleanings while less than half (43%) plan to meet with their financial advisor to review their investment strategies.

Call it a generation-skipping succession plan. When 62-year old industry veteran John LaPann decided it was time to hand over the reins of Federal Street Advisors, observers may have expected his successor would emerge from the ranks of firm veterans now in their 50s, but instead the firm chose some younger leaders.

The Insured Retirement Institute announced Wednesday that the IRI Marketing Summit was canceled due to winter storm Saturn.

A recent Schwab survey of planning students at Texas Tech found that the lure of client relationship management and working in-person with clients remains high, with nearly half of students citing the latter as a priority.

All financial advisory referrals come from just 28% of your clients, according to a survey. But what type of clients are sending you new business?

Sen. Richard Shelby introduced two bills on Tuesday aimed at fixing technical errors in the Dodd-Frank reform law and requiring regulators to complete rigorous economic analysis when crafting new rules.

The industry trade group announced its support for the proposal in a comment letter on FINRA’s new disclosure rules.

Understanding why you do what you do really makes a difference.

Word to the wise plan sponsor when it comes to target-date funds: No, not any QDIA will do, and bigger companies aren't always better.