A full 93% of plan sponsors said they are solicited at least once a year by other advisers, according to a Fidelity study.
Despite the challenges faced by today's physicians — the soaring cost of malpractice insurance and declining insurance reimbursements are just two — doctors remain one of financial advisers' most sought-after niches
The acronym RIA refers, of course, to registered investment advisers.
Not that we needed much confirmation, but the Federal Reserve Board's actions last week confirmed the seriousness of the financial crisis that was triggered by the bursting of the housing bubble.
In the weeks following a ground-breaking Supreme Court case allowing individual 401(k) participants to sue employers, lawyers have been recommending that advisers require plan sponsors to purchase fiduciary insurance.
For nearly a decade, Jon E. Drucker has been a thorn in the side of Ameriprise Financial Inc.
Advisers are generally satisfied with the dozen-plus retirement-planning software applications and calculators available to them.
401(k) participants who have borrowed from their investments rose from 9% in 2005 to 18% in 2007.
Connecticut is seeking to become the first state to offer a low-cost 401(k) plan designed for small businesses.
Ambrose Bierce, the famous American journalist, defined the word "oath" as a "solemn appeal to the deity, made binding upon the conscience by a penalty for perjury."
In this election year, no one is discussing the elephant-in-the-room problem that is devouring an ever-larger share of the nation's federal budget — Medicare.
The Securities and Exchange Commission charged the vice chairman of the International Securities Exchange and two financial consultants with alleged insider trading.
Over the past six months, I have done extensive research on the best ways to draw down assets to create retirement income, including looking at the effect of taxes on that process.
RBC Dain Rauscher last week rolled out a new name and a new technology platform.
Financial advisory firms have evolved from home-based businesses, to one-man shows, to full-fledged, thriving enterprises with multiple professionals and sometimes many staff members.
The following is an edited transcript of the round-table discussion.
Competition is heating up in the normally sedate world of portfolio-re-balancing software.
The SEC's proposed changes to Regulation S-P may slow down recruiting of independent reps, but executives with independent broker-dealers nonetheless are relieved that the agency has given some potential guidance on the issue.
