Advisor News

Displaying 26711 results
INDEPENDENT BROKER DEALERS SEP 10, 2007
Pershing snags Tibergien as chief of advisory unit

In a marketing and business coup, Pershing LLC has hired Mark Tibergien, a leading consultant in the financial advice industry.

By Bloomberg
FINTECH SEP 10, 2007
Upgraded planning software takes a modest step forward

Financial crises may come and go. Today’s highflying stock may be tomorrow’s dog. But through it all, the quest for practical, if not perfect, financial planning software has been a constant that left irritated advisers reaching for the Prozac.

By Bloomberg
OPINION SEP 10, 2007
Is time right for specialized bond products?

By ewilliams
OPINION SEP 10, 2007
The computer-driven advice model

The Pension Protection Act provides a good outline of the major components required Over the past year, I have written extensively on provisions of the 2006 Pension Protection Act. Let’s now focus on components of the PPA’s computer-driven advice model.

By Bloomberg
OPINION SEP 10, 2007
The power of a business plan

By Joni Youngwirth
RETIREMENT PLANNING SEP 10, 2007
The pursuit of minority advisers

On Saturday, all eyes at the Financial Planning Association’s annual conference in Seattle were on keynote speaker Christopher Gardner, the financial adviser whose rags-to-riches story was celebrated in the 2006 hit movie “The Pursuit of Happyness,” starring Will Smith.

By Bloomberg
INDEPENDENT BROKER DEALERS SEP 10, 2007
AIG Advisor Group’s makeover gets OK

Industry observers and financial advisers are welcoming a series of management changes announced Tuesday by AIG Advisor Group Inc., which hopes the changes will lead to better services for advisers.

By Bloomberg
REGULATION AND LEGISLATION SEP 10, 2007
CFP Board targets phony designations

As regulators and Congress scrutinize the proliferation of financial advisory designations aimed at bilking elderly investors, the organization that grants the certified financial planner credential is investigating whether its name is being improperly used by groups that promote bogus certifications.

By Bloomberg
FINTECH SEP 10, 2007
Advisers find value in new investor-focused websites

Several new online services aimed at individual investors are attracting the attention of advisers because of the potential they provide for marketing and collaboration.

By Bloomberg
RETIREMENT PLANNING SEP 10, 2007
James Brown’s estate is a real mess

Poor planning leaves his heirs with unnecessary legal fees and an onerous tax bill The way his terrible estate plan is unraveling, if the late James Brown, the “Godfather of Soul,” could see from wherever he is, he wouldn’t be screaming his most-famous three words: “I feel good.”

By Bloomberg
RETIREMENT PLANNING SEP 10, 2007
Succession planning that’s all in the family

Sixteen years ago, Jessica Abrams’ life revolved around her pony. To buy the horseshoes and other accessories she needed for shows, the then 14-year-old baby-sat several days a week and carefully saved.

By Bloomberg
REGULATION AND LEGISLATION SEP 06, 2007
Carried-interest tax hike slammed

Pension funds would be adversely affected if taxes on private-equity were raised, said witnesses.

By Bloomberg
WIREHOUSES SEP 05, 2007
Fidelity launches Retirement Income Evaluator

Fidelity debuted a Web-based tool designed to help advisers create and manage retirement income plans for their clients.

By Bloomberg
REGULATION AND LEGISLATION SEP 05, 2007
Carried tax plan ignites debate

Senate hearings on taxing-carried interest begin tomorrow, but reports predicting its impact are out now.

By Bloomberg
RETIREMENT PLANNING SEP 05, 2007
Congressman to launch 401(k) disclosure plan

More voices are joining the discussion of how best to disclose the costs of 401(k) plans to the employees who participate in those plans.

By Bloomberg
WIREHOUSES SEP 05, 2007
Vanguard cuts costs on no-load funds

The firm has added services for shareholders that invest in its $100,000 no-load, low cost mutual funds.

By Bloomberg
INDEPENDENT BROKER DEALERS SEP 04, 2007
Industry supports NEXT in fight with SEC

NEW YORK — NEXT Financial Group Inc., which is in the middle of a scrap with the Securities and Exchange Commission over its use of confidential client information when recruiting representatives, is getting strong support in some corners of the independent-contractor brokerage industry.

By Bloomberg
RETIREMENT PLANNING SEP 04, 2007
‘Client-centric’ planning pays off

DETROIT — Financial advisory firms that concentrate on holistic planning and leave the investment management to outside professionals are seeing the benefits in real dollar terms, according to a recent study.

By Bloomberg
INDEPENDENT BROKER DEALERS SEP 04, 2007
Legacy Financial closes shop

NEW YORK — Another independent broker-dealer has shut its doors, months after one of its brokers got in trouble with regulators.

By Bloomberg
WIREHOUSES SEP 04, 2007
Revenue-sharing disclosure sought for bundled providers

CHICAGO — Pension consultants and third-party administrators want bundled providers, including industry giants such as Vanguard and Fidelity, to disclose their revenue-sharing arrangements with affiliated service providers, but the bundled providers are balking.

By Bloomberg