The Web-based analytical tool allows advisors to compare more than 10,000 mutual funds and ETFs in 60 different categories and formats to help them pick and choose the products that will best meet their clients' individual investment needs.

When it comes to social media most advisors will tell you “my clients don’t do that”. On the surface, this seems reasonable. However, if you have clients who work in corporate America, all bets are off.

The insurer signed a 5-year deal with IBM to transition its virtual desktop cloud environment to IBM's Smart Business Desktop Cloud solution.

Insurers may learn from how banks are addressing the fallout from the Epsilon data breach.

The Global Transaction Services unit of Citigroup Tuesday rolled out OTC Derivatives Service, which consolidates and streamlines the confirmation, settlement, valuation, collateral management, and margin management involved after a trade is executed. The system handles both middle- and back-office functions.

A survey of 15 top U.S. banks and credit unions found when it comes to mobile payments, most are content to sit on the sidelines and see how this emerging technology platform plays out rather than take a leadership role that companies from other industries have quickly assumed.

But only 34% have a dedicated budget.

Here is a rundown of five potential pitfalls in cost-basis reporting which Wolters Kluwer Financial Services says brokerage firms, mutual fund companies, transfer agents and even corporations should watch out for as the tax season for securities reporting peaks.

Investors in externally managed and sub-advised accounts could save about $1 billion a year in commissions paid to brokerage firms by their fund managers. So says UAT, a Denver-based technology firm specializing in the externally managed and subadvised industry. Incumbent commission management firms disagree.

While tens of thousands of independent financial advisors looking to build their brand and their book of business are just now warming to social media, most are still reluctant to jump in with both feet due to compliance and regulatory issues set forth by FINRA, the SEC and FSA, most of which deal with archiving and recalling all correspondence to protect investors.

LinkedIn is a powerful networking tool that can have a significant impact on your bottom line.

Social media has become an inescapable force, but many in the financial services industry are still holding back from using it.

The “Tax Insights” information is available online at Putnam’s advisor website and new wealth management center.

With JPMorgan rumored to be eyeing a minority stake in Twitter that would value the company at $4.5 billion, it’s time for advisors to start taking it seriously. Not surprisingly, like many other aspects of web-marketing and social media, how an advisor uses Twitter is different from most everyone else.

The search function lets advisors root out detailed profiles of existing clients, prospects or professional connections using a wide array of variables.

Financial services firms are being specifically targeted in Web attacks by "criminal elements," according to Edward Powers, a principal at Deloitte & Touche. Those attackers “know what assets they’re going after and they’re going after you in a very orchestrated way,’’ he said at a meeting of the Wall Street Technology Association.

While carriers have many reasons for slow adoption, 11 life insurers now offer mobile functionality to consumers, according recent research.

The tool lets retail investors see how their portfolio is performing against benchmarks and how much risk they have taken.

To help financial advisors and firms jumpstart their social media endeavors without running afoul of FINRA regulations, LIMRA and social middleware firm Socialware this week rolled out "Insight: Advisor Series," a new social media training program specifically designed to help guide them through the potential legal and cultural landmines presented by social networking sites and platforms.

In the past year, TD Ameritrade’s mobile trading has increased by 125%.