ExpertPlan Inc., a private-label provider of retirement plan record-keeping services, has purchased a portion of Automatic Data Processing Inc.’s retirement services record-keeping business.
If you are serious about attracting affluent clients to your practice, keep reading.
President Harry S. Truman, known for his plain speaking, could teach a thing or two to today's financial advisers.
Despite the intense scrutiny on executive compensation by legislatures and regulators, major brokerage firms continue to offer generous recruitment packages to top brokers.
A sprawling case of alleged securities fraud involving an independent broker-dealer and two brokers may wind up costing an insurance company $10.3 million.
In an effort to cut costs and save time, many advisory firms are deciding to forgo hiring summer interns this year.
As new annuity rules continue to develop, chief compliance officers at broker-dealers say that they still face some challenges in implementing compliance procedures with their financial advisers.
Advisers who are members of NAPFA had a range of thoughts and reactions to the news that the SEC last month charged a past president of the organization with taking kickbacks related to unregistered investment pools his firm managed.
Add target marketing to the list of advisory firm best practices being rethought in light of the recession and market slump.
Laserfiche this week rolled out its Avante software solution that combines <a href="//www.investmentnews.com/apps/pbcs.dll/article?AID=/20080219/REG/685102440/1102/INTechnologyNews03&ht="" target="”_blank”" rel="noopener noreferrer">document management</a> with work-flow automation tools, and e-mail archiving.
Staying connected with your clients is so important and events are one easy way to do this. If planned correctly, they can become a main source for referrals to top clients’ family and friends.
Finra may have given broker-dealers and registered representatives a reprieve of sorts last year as the amount in fines and enforcement actions it levied against firms plummeted.
Financial advisers who cater to workers in the automotive industry are scrambling to prepare their clients for the onslaught of job losses that will follow General Motors Corp.'s filing for bankruptcy protection last week.
All eyes are on Pershing LLC's new technology platform to see whether it will fulfill its promise to offer advisers full integration with third-party technology vendors.
PlanPlus has added Spanish-, Chinese- and French-language versions of its software, which before had been available only in English.
Pershing LLC has launched NetX360 for advisers, after a two-year project to consolidate existing systems into a single technology.
Advisers are looking for ideas about how to stay connected to clients and plan events for clients on a limited budget.
Independent advisory firms have stepped up their outreach efforts, and the largest firms continue to open accounts even though their assets under management have dropped.
I hope that the market goes up this year.
Federal regulators have sued a defunct California investment brokerage and its former CEO, accusing them of fraud in selling more than $300 million worth of risky mortgage-backed securities to unsophisticated investors.
