Practice management

More than half of the nation’s affluent investors (52%) report that their net worth has grown at least 20% since 2007, and 73% believe they have “a lot of control over their financial future.”

Consumerism has, for the most part, taught us that satisfaction is the standard. But Ron Carson writes that, in the financial advisory business, satisfaction is unacceptable. Satisfied clients are not loyal clients and loyal clients are the only good clients.

More seniors are concerned about Medicare than about any other financial issue, topping even those who are worried about having enough money to enjoy retirement, according to a survey by Allsup.

The hybrid RIA firm says it chose LPL after a 'Bachelor'-style bakeoff.

Orion’s accounting and performance review software provides SWS advisors with performance dashboard.

SEC chairman Mary L. Schapiro said there is not a substantive effort to review the agency’s “clearly erroneous” trade rules, even though Knight Capital took $457.6 million in losses after a flood of erroneous trades on August 1.

Advisors all desire employees who know what you want even before you speak. While these type of people are typically a needle in a haystack, there are ways to optimize the staff you have already.

Wall Street may still be in love with complex financial instruments, but more and more investors are choosing a simpler, more prudent way to invest, and Steve Atkinson explain that that is why the assets under management with independent wealth advisors continues to grow.

Raymond James executive Chet Helck called for a year of working to restore public trust and confidence in the financial services industry, economy and nation at the Securities Industry and Financial Markets Association annual conference on Tuesday.

In addition to serving the local community, such clinics offer new graduates real-world experience.

Instead of expected retirement at the age of 65, the number has gone up to 75, according to My New Financial Advisor's survey.

SIFMA chief executive Tim Ryan said at the trade group’s annual meeting that the commodity futures regulator’s plan to oversee swaps made by foreign firms with U.S. participants breaks from international standards.

Millions of Americans are facing their own personal fiscal cliff, with half of middle class investors saying their most important day-to-day financial concern is paying the bills, never mind saving for retirement, according to a survey from Wells Fargo. What can advisors do to help?

Facing a growing demographic of Americans who likely have not saved enough for retirement, BlackRock launched The BlackRock Retirement Center, a new digital retirement platform that offers individuals access to resources, tools and insights about their pending retirement.

The chief executive officer of JPMorgan Chase, Jamie Dimon, hosted a lunch with 75 New York business leaders in a bid to help to steer Washington away from the fiscal cliff and toward a budget compromise akin to Simpson-Bowles.

David Lerner was banned from the securities industry for a year and his firm ordered to pay $12 million for misleading investors into buying real estate investment trusts, regulators said. Lerner, whose David Lerner Associates Inc. has underwritten about $7 billion of its Apple REITs, was also fined $250,000, the Financial Industry Regulatory Authority said today in a statement.

Social media is rapidly changing the way financial advisors approach their marketing efforts, but staying current with compliance regulations can be a challenge.

Also, 293 midsize advisors called out for delayed move to state oversight.

Merrill Lynch Wealth Management has snapped up a Morgan Stanley advisor team managing about $2.5 billion in client assets to its Private Banking and Investments Group.

Even though six in 10 women are concerned they aren’t saving enough to last throughout their retirement, few are taking steps to mitigate this risk.