Practice management

“The findings are eye-opening for financial advisors because investors are clearly saying they are worried about the economic situation,” said Joe Ready, director of Institutional Retirement and Trust at Wells Fargo.

JPMorgan Chase CEO said the U.S. economy would thrive next year if lawmakers reach an agreement to avoid the so-called fiscal cliff of spending cuts and tax increases.

Two teams with over $1 million in production have joined Merrill Lynch in St. Paul, Minn., and Ithaca, N.Y.

What do breakaway brokers worry about when considering a move into the RIA space? It turns out it's not so different from the concerns of other U.S. workers weighing a job change.

More than 150 chief executive officers, including JPMorgan Chase & Co.’s Jamie Dimon and Goldman Sachs Group Inc.’s Lloyd Blankfein, called on President Barack Obama and House Speaker John Boehner to compromise on a budget deal that would include new tax revenue and spending cuts.

Only 31% of women feel “extremely” or “very” secure about their current financial situation, according to a study by the State Farm Center for Women and Financial Services at The American College of Financial Services. This widespread sense of insecurity indicates broad opportunities for advisors who can make female clients more confident about their finances.

A little more than a year after launching Retirement Ready, a retirement income program for its advisors, John Hancock Financial Network today announced the launch of a new iPad application and updates to the program.

The rule has been the most common ground for disciplinary action so far this year, according to an analysis by the law firm Sutherland Asbill & Brennan.

The SEC has pulled from within its ranks, tapping Jennifer B. McHugh as senior advisor to the director in its division of investment management.

Bank of America Merrill Lynch has refocused on growing fee-based and banking business and boosting client retention.

The husband-wife team of Joe and Penny DiRago have been hired by Wells Fargo in San Antonio.

The leading accounting firms that conduct audits on the financial statements of publicly traded companies suffer from a significant and growing number of deficiencies, according to a new report by an industry oversight organization.

A winning marketing strategy takes more than understanding your target market, creating a value proposition that will attract ideal clients, communicating well, and delivering on your promises. It takes courage. That's one reason why so few business owners, including financial advisors, are effective marketers.

A Nationwide Financial survey found that 42% of advisors have clients who are asking about giving away all of their money to their children as a means of financial planning.

U.S. lawmakers and lobbyists who once backed repeal of the 2010 Dodd-Frank Act are now pushing for technical fixes to the law, and they’re getting a skeptical reception from the measure’s advocates.

Maximizing consistency, minimizing expenses, articulating a clear value proposition and strong peer collaboration are essential for successful wealth advisors.

When Atlanta-based Ronald Blue & Co., one of the country's largest RIAs, was building its internal succession plan, the company’s CEO hit upon a necessary precondition. “You have to have a mission that’s compelling enough to make sure that your clients are taken care of after you are gone,” says Russ Crosson, the company’s president and CEO. “The firm is bigger than any one individual.”

FINRA announced Saturday that it will seek comment in a regulatory notice on the proposed mandatory disclosure of bonuses.

Nearly half (48%) expect to retire with debt, primarily mortgage payments followed by credit cards, car payments and student loans.

While the U.S. Congress views the convergence of more than $600 billion in tax increases and spending cuts set for Jan. 1 as a “fiscal cliff,” the metaphor misses the economic reality of what could follow.