The Financial Industry Regulatory Authority Inc. will expand a pilot program that allows investors to choose arbitration panels without industry participants.
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.
A new survey suggests that independent investment advisers are becoming more optimistic about the economy.
Remember a year ago? Worst case scenarios DO happen.
Sometimes I wonder how our corporations lead the world. Seriously, are foreign companies even worse at customer service than ours?
The debate about health care reform has resulted in at least one potential benefit: People are talking about end-of-life decision making
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.
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.
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.
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.
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.
It seems that every corner of the financial services industry is starting to make use of social media.
The Securities and Exchange Commission would be expected to define a fiduciary standard that would be applied to brokers and investment advisers, according to draft legislation released this afternoon by House Capital Markets Subcommittee Chairman Paul Kanjorski, (D-Penn.).
In a lawsuit filed today, State Attorney General Richard Blumenthal says the two companies knowingly assigned false ratings to securities tied to subprime mortgages.
Software and IT services giant SunGard Data Systems Inc. has partnered with four third-party administrators including: APA Benefits Inc., CMC Interactive LLC, Ingham Retirement Group, and KTRADE to provide<a href="http://sungard.com/financialsystems/productofferings/wmexchgtradfundssolution.aspx" target=”_blank”> SunGard's Exchange Traded Funds solution</a> launched in July in conjunction with iShares.
Advent Software Inc. unveiled version 3.0 of its Advent Revenue Center product today.
A prominent wirehouse rep and his Hawaii-based team — <a href= http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20090929/FREE/909299980&ht=choy>who rather suddenly left</a> Merrill Lynch & Co. Inc. in September — have formed a new advisory firm.
