Dec 01, 2011

It pays to be rich. You already knew that, but you might not appreciate that being rich helps students who are applying to college. This reality isn't something that colleges and universities are proud of and they certainly don't publicize it. W...

Street Legal: No Second Chances in Regulation or Compliance

Nov 30, 2011

I typically advise my clients to undertake a serious “cold review” of all previously cited problem areas and deficiencies when preparing for their next regulatory exam. Frankly, you'd think that's just common sense, right? After all, the first th...

It’s Time for Inventory: Annual Client Re-Engineering

Nov 30, 2011

Philadelphia—“I just spent an hour solving a problem for a very low-revenue client, embarrassingly low, especially when I discovered he no longer worked for the company whose owner is a good client,” mused Michael. He confessed, “I know what I...

UBS: Going Mobile with an FA App

Nov 30, 2011

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FINRA Strikes Again: Eight B/Ds Busted for Sale of Private Placements

Nov 29, 2011

The Financial Industry Regulatory Authority continues its crackdown on the sale of troubled private placements, filing sanctions against eight firms and 10 individuals Tuesday and ordering them to pay restitution to investors. According to FINRA...

Practice Management Gurus’ Advice for Tough Times: Target Your Ideal Client

Nov 29, 2011

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Report: Slow Change in Retirement Income Market

Nov 28, 2011

A huge demand among mass affluent investors for retirement income products is building, but industry response to the trend is still in its infancy, the author of a new Aite Group report on the subject says. Greg Cherry, a senior analyst at Aite’s...

Estate-Planning Professionals: Concerned Yet Optimistic

Nov 28, 2011

WealthCounsel and Trusts & Estates unveiled the preliminary results of their annual electronic survey to identify trends in the industry and to probe the mindset of professional advisors regarding the impact of the economy on their clients...

Q&A: Ron Carson Scraps Idea to Launch Broker/Dealer

Nov 25, 2011

In May, Ron Carson, long the No. 1 on Registered Rep.'s Top 100 IBD advisor list, announced plans to leave LPL Financial (Nasdaq: LPLA) to become an independent registered investment advisor and start his own broker/dealer. The firm made the RIA...

Nagging ‘NextGen’ Problem: Protecting the Inheritance

Nov 22, 2011

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