Jeff Auld, the president of Berthel Fisher and Company Financial Services Inc., has left the company for personal reasons.
The use of alternative hedge-fund-like strategies within mutual funds was a hot topic of discussion last week at the Investment Company Institute's 50th annual general membership meeting in Washington.
What this country needs is a presidential candidate who understands and cares about economics.
BoulevardR.com, an interactive website that has been used primarily as a tool for retirement planning, is launching a three-step process that provides an actionable financial plan prepared by a financial planner for $49.
A portfolio modeling and rebalancing tool is being built into an upcoming Fidelity WealthCentral Platform.
The government should remove obstacles that keep employers from offering 401(k) plans, said Paul Schott Stevens.
The House of Representatives is trying to cripple the experiment with health savings accounts by burdening it with extra layers of bureaucracy.
A hypothetical adviser I'll call Jim French was excited to implement new financial planning software his firm had introduced.
The largest IDB will allow RIAs to hold fee-based assets with outside custodians; it's also rolling out its own custody platform for RIAs later this year.
Most everyone in the financial industry wants to move from paper to electronic documents, but firms that have rolled out systems to do so — and the broker-dealers providing technical assistance — agree that it will take one to three years to recoup the investment of capital in hardware, in software, and in the time needed to train staff and integrate the new systems into firms' work flow.
Wealth management executives at Citigroup and UBS, two of the financial institutions hardest hit by the subprime loan crisis, are working overtime on damage control to protect their lucrative franchises.
Independent-contractor broker-dealers are gnashing their teeth over the possible consequences of an updated professional code of ethics for certified financial planners, coming this summer.
Backing up computer files is a vital but tedious way to protect a financial practice.
The volatile stock market has created a period of frenzy for financial advisers in the 401(k) area, who have seen a substantial increase in the number of new prospects.
Brokerage firms can use the tool to determine the extent to which manual tasks can be automated.
John Carl of AllianceBernstein won $10 million in damages against the firm and $2 million in punitive damages.
Eight percent of investors have recently halted or reduced their contributions in 401(k) plans, a study reveals.
The nation's top 25 independent-contractor broker-dealers reported a staggering 26.6% increase in gross revenue last year to $13.52 billion, from $10.68 billion in 2006.
Despite a bruising, competitive market that some say is inhospitable to their survival, many small independent-contractor broker-dealers see plenty of opportunity.
