The role of therapist—and even amateur neurologist—is creeping into the financial advisory business. For some FAs, it may be time to put a couch in the office and to consult a map of the human brain.

It’s that time of year again. With February just around the corner, many parents of college-age children are scrambling to complete their financial aid applications. While technically there is no official deadline for the federal form...

A.G. Edwards is not the first brokerage firm to encourage its brokers to continue their education, but the firm has come up with a novel twist: Its education program now serves as college credit.

A new study by AXA Financial says Americans are more confident about their retirement—and better prepared for it financially—than the citizens of other developed nations.

In his annual economic predictions last year, Bob Doll, president and chief investment officer of Merrill Lynch Investment Management hit .700. If he is anywhere near as accurate for 2005, we’re in for a rocky year.

As Americans donate to tsunami disaster-relief efforts, the brokerage industry is chipping in as well. According to the SIA, there is no organized, industrywide effort to raise relief funds, but individual firms are doing their part.

When Edward Jones was accused last year of steering clients to certain mutual fund families without disclosing that the firm received multimillion-dollar payments from those funds, it denied the charges.

Tom Matthews, president of Smith Barney’s global private client group, is retiring from Smith Barney, firm officials announced today. Matthews, who had been with the firm for nearly three decades, started as a financial consultant and...

The NASD did its part for the U.S. troops today, fining Texas broker/dealer First Command $12 million for misleading its mostly military clientele about the costs of the 50 percent upfront sales charge attached to its systematic investment plan.

Gaining access to high-net-worth clients is priority No. 1 for many brokerage firms these days, but it takes years of hard work to grow an organization of qualified wealth managers. So firms—such as Wachovia (Tanager), Schwab (U.S. Trust)...