Some of the nation's secretaries of state want Congress to change regulations that kept them out of the loop during a federal probe of the now-defunct Stanford Financial Group.
Beacon Pointe Advisors of Newport Beach, Calif., a wealth management firm with $4 billion in assets that caters to high-net-worth individuals, is looking to bolster its business with wirehouse castoffs.
Regulators and representatives of the insurance industry appeared before Congress today to discuss a new draft of the Federal Insurance Office Act of 2009.
The head of the Financial Industry Regulatory Authority Inc. today threw the group's support behind allowing the Securities and Exchange Commission to ban mandatory arbitration clauses in securities contracts.
Remember a year ago? Worst case scenarios DO happen.
A new survey suggests that independent investment advisers are becoming more optimistic about the economy.
The Financial Industry Regulatory Authority Inc. will expand a pilot program that allows investors to choose arbitration panels without industry participants.
Although financial advisers think that succession planning is important, many also believe that they aren't getting enough help preparing for that transition, according to a new survey conducted by Mathew Greenwald & Associates Inc. for John Hancock Financial Network.
Investment advisory firms would have to pay fees to cover the cost of SEC examinations under draft legislation released last week by a senior lawmaker.
The debate about health care reform has resulted in at least one potential benefit: People are talking about end-of-life decision making
Sometimes I wonder how our corporations lead the world. Seriously, are foreign companies even worse at customer service than ours?
The investment advisory profession is facing a number of serious policy issues that could dramatically alter the manner in which it is regulated and transform the high ethical standards that have been a hallmark of the profession for decades.
Morningstar Inc. is trying to shake up the market for portfolio management and reporting software by offering something no one else can offer: its proprietary analytics databases.
Legislation moving through Congress that would sharply limit what kinds of advisers can counsel 401(k) participants should not be passed, Rep. Earl Pomeroy, D-N.D., said today.
The elimination of the income limit on Roth IRA conversions starting next year could lead to a “Roth revolution,” according to David Polstra, a partner at the advisory firm Brightworth Private Wealth Counsel.
PlanPlus Inc. has introduced a free web-based community edition of its financial planning software. Formerly called PlanPlus Web Advisor, the application has been rebranded as PlanPlus Planit and is being unveiled at the Institute of Advanced Financial Planning Conference in London.
Both good companies and troubled companies have some lessons to learn
The Investment Adviser Association supports the Obama's administration's efforts to ban mandatory arbitration clauses in securities contracts.
E-Z Data Inc. —the company behind SmartOffice a web-based customer relationship management application used by investment advisers— was acquired today by Ebix, Inc. for $50 million.
It seems that every corner of the financial services industry is starting to make use of social media.
