Technology providers and product companies have been rolling out Roth IRA conversion calculators in a bid to meet the expected needs of advisers and their clients ahead of some significant changes in conversion rules for next year.
New versions of Profiles Professional and Profiles Forecaster are available from Emerging Information Systems Inc.
Most financial advisers with whom I speak say that they look forward to generating quarterly reports and client presentations about as much as they do to an SEC audit.
Advisers should always kick the tires and look under the hood of any software they buy for their practice.
Sheila M. Chesney likes it when clients look at reports detailing how their portfolios have performed, and tell her that they really understand what they are looking at.
Many advisers feel stymied when it comes to adopting social media. But for independent registered investment advisers whose main hurdle has been lack of a low-cost archiving, help is on its way.
Financial advisers love websites and applications that increase their efficiency and improve interactions with clients — even if those online tools are not specifically designed for advisers.
Like everyone else, it seems, many advisers and brokers are atwitter about Twitter, the free social networking utility.
Several websites are now available to assist and guide advisers and their clients through the process of legacy planning.
When introduced about a decade ago, account aggregation was touted as a major adviser solution.
A startup, LinkedFA, is described in a press release as the “first and only Finra-compliant social-networking site for financial professionals.” The site is supposed to be launched sometime in the coming weeks after it has its first 15,000 subscribers.
With modifications to the systems at the Depository Trust and Clearing Corp., reporting of cost basis information is likely to become less of an issue with financial advisers — assuaging concerns that new requirements could make reporting more costly and cumbersome.
Broker-dealers, mutual fund companies and fund custodians are updating systems to comply with the cost basis reporting requirements included in the Emergency Economic Stabilization Act of 2008.
Adviser Curtis Smith doesn't have to worry about getting to the office; it comes to him.
A court ordered the Tokyo Stock Exchange Friday to pay 10.7 billion yen ($121 million) in damages to Mizuho Securities Co. Ltd. over massive losses in a botched transaction.
