Wealth management

Financial advisors and wealth managers cited referrals from existing clients as the most successful way of gaining new clients, while the most popular marketing tactic was sponsoring or hosting events that allow for face-to-face networking.

Little more than half of Americans have more money in their emergency savings accounts than the amount of credit card debt they owe, according to a new study.

American consumers are reporting improved financial health coming out of the recession, according to a recent survey.

Half of Baby Boomer clients who have postponed retirement due to the economic downturn expect to work at least four years longer than they originally planned, according to a new survey of CPA financial planners.

Nearly two-thirds of finance executives predict the U.S. economy will fare better this year than last year, according to a new survey.

Employees as a whole made significant improvements to their finances in 2010, despite a tepid economic recovery and sluggish rebound of job and real estate markets, according to a new study.

IMGCAP(1)]Crisis, what crisis? That’s what some financial planners are saying as they look back to 2010. But for many other financial planers, the landscape of their financial planning practice has changed forever—some for better and some for worse.

The youngest generation in the workforce has become more engaged in the past two years learning about the benefits that can help protect them financially, according to a new study.

A Michigan accounting student was able to identify a more effective way to use an old investment strategy involving accruals to yield better returns, according to a new study.

Last week while flipping the channels amidst the 8th winter storm of the season here in the Northeast, I happened across a news segment detailing how a pair of once exorbitantly paid professional football players, each commanding an annual salary that approached $10 million, are now broke.

The new cost basis reporting rules won’t affect this year’s returns, but they are already in effect.

The American Institute of CPAs is providing a checklist developed by leading CPA financial planners to help accountants identify financial planning opportunities during tax season.

IMGCAP(1)]Credit scores have become a major factor for consumers and businesses that seek financing ranging from mortgages, car and student loans to business credit lines and bank loans.

The majority of baby boomers intend to have a more active lifestyle in retirement than their parents (86 percent), as well as a better standard of living (72 percent), according to Bank of America’s Merrill Lynch Affluent Insights Quarterly.

Broker-dealer H.D. Vest Investment Services has converted its brokerage clearing functions to First Clearing LLC from Wells Fargo Investments LLC.

2 OUT OF 5 AMERICANS FEEL LESS FINANCIALLY SECURE

When I think of resources for the financial planner, it makes me think of those that would create leverage, scale and profitability for a wealth-management business.

The recent extension of the estate tax at a 35 percent rate will not result in a "claw back" tax obligation for people who make gifts in 2011 and 2012 that exceed their post 2012 estate tax exemption allowance, according to a trio of tax experts.

The Financial Crisis Inquiry Commission delivered the results of its nearly two-year-long investigation into the causes of the financial and economic crisis on Thursday, but with dissenting views from some of the Republican members of the commission.

As the economy gradually recovers, some mature workers are feeling more comfortable about retiring now compared to last year at this time.