Practice

An agreement reached in the Lehman Brothers liquidation proceedings could pave the way for customers of the failed brokerage to see 100% recovery without using any fund advances from the U.S. Securities Investor Protection Corp.

RBC has pulled an industry veteran from UBS to fill the position of branch director of its Burlington offices.

Fewer people are making a clear transition into retirement and the trend is creating unique challenges for advisors.

About 15% of affluent investors are considering a move within the next month. The most likely landing spot is Vanguard, followed by Fidelity and USAA, according to a new monthly survey by Phoenix Marketing International.

The idea of an advisory council leaves many advisors apprehensive, but to generate new ideas, it is critical to speak with a group of clients and prospects on a regular basis to find out what's wrong (and what's right) about your practice.

Check out what the mainstream media is writing about wealth management and financial planning this week: Will bond buying erase debt, 25 ways to waste money, declaring independence and more.

Wells Fargo has tapped firm executive Jim Hays to serve as executive vice president and head of wealth brokerage services.

A sign of confidence in the economy and charitable values, more than three-fourths expect to continue or increase giving by 2017.

The June 2012 issue of Financial Planning included a controversial column from industry expert, author and instigator, Bob Veres. It launched such a vigorous debate that an entire session was dedicated to continuing the conversation at the FPA annual conference in San Antonio, Texas on Monday.

A majority of breakaway brokers have their eyes on LPL and Raymond James, according to a report by Cogent Research, a Massachusetts market research firm.