Out of our cold, dead hands. | Copyright Melanie Conner, Getty Images The bond between a professional advisor and his clients is not easily broken. In fact, most consumers would rather give up their smartphone, favorite dessert or coffee t...

Opposition to the White House-backed proposed definition of a fiduciary financial advisor continues to grow on Capitol Hill...

Investors go where the money is. | selensergen/iStock/Thinkstock Along with its stock market, the number of millionaires in China has skyrocketed, up 82 percent from 2012 to total 2.4 million, and another 50 percent to 3.6 million in 2014...

For most banks, litigation costs have become so ubiquitous that most companies simply see these expenses as just another cost of doing business. Since the financial crisis, financial institutions in the U.S. and Europe have paid out $178 billi...

Fee-based? That's a lie. | jesadaphorn/iStock/Thinkstock Advisors should never use the term “fee-based” to describe their business. Writing on his Scholarly Financial Planner blog, Ron Rhoades outlines the narrow scope in which advisors ca...

Much gets written about millennials and boomers, but what about the generation in between? Carol Hymowitz at Bloomberg takes a deep dive into the financial situation of Gen X, and it's not pretty. Forty percent do not feel financially secure...

That's a fine-lookin' pig, doc. | Copyright Monika Graff, Getty Images It seems yet another one of hedge fund billionaire Steven A. Cohen’s bets didn’t pay off. MarketWatch reported the founder of SAC Capital and Point72 Asset Management s...

Click to Enlarge The financial services industry still has a woman problem, even as a new generation is entering the industry. According to a recent PricewaterhouseCoopers survey, half of millennial women felt that promotions in the financial ...

Partners in peace. | Copyright Chung Sung Jun, Getty Images The United States and Korea are the most investor-friendly markets in the world, while China is the least, according to a report released by Morningstar Tuesday. To come up with t...

The industry seems obsessed these days with capturing millennial clients. But advisors should probably hold off revamping their business to cater to these younger clients. According to data collected by PriceMetrix and Cerulli Associates, the ...