Depending on whom you talk to, it may have just become a little bit harder for registered reps to erase disputes from the Central Registration Depository (“CRD”) records system. The Financial Industry Regulatory Authority proposed a...

According to a recently published study, Americans worth $10 million or more will spend 67 percent more this year on gifts, including jewelry, fashion and travel

You may have heard by now that there is a talent-squeeze in the wealth-management business. In fact, one quarter of recruitment openings for wealth managers could not be filled during the past year

It was a less than ideal situation. When Jeffrey Keefe left his job as a financial advisor with Ameriprise to start his own Portsmouth, New Hampshire-based firm two years ago, he decided he'd just stay put in the office he shared with several...

Wall Street's titans made a terrible mess with their bets on the sub-prime mortgage market, and now they're paying for it dearly. Most of the major U.S. banks and brokerage firms recorded massive write-downs of sub-prime and CDO (collateralized...

Are you targeting the affluent? Are you interested in acquiring clients with larger pools of assets? Of course you are. Every financial advisor is aiming for larger client accounts these days, and in particular, they are trying to capture a piece...

We all know what a lousy third-quarter Merrill Lynch had it reported the worst loss in its 93-year history (a $2.3 billion net loss along with a staggering $8.4 billion in bond write-downs). As a result, CEO Stan O'Neal was forced into retirement...

One would think a client's collection of 50 cars, let alone 50 Corvettes, would be hard for a team of financial advisors and estate planners to ignore.