FA News

Merger Creates Large W.Va. Advisory Firm

McKinley Investment Group and Kanawha Investment & Trust today announced they've joined forces to create a new entity called McKinley Carter Wealth Services, a company with $325 million in...

Fidelity Focuses On Breakaway Brokers

    The appeal of the independent advisory business model is a magnet for some brokers, and it appears that they're thriving in the independent environment...

Spoiled Kids And Early Lessons In Money Management

    Kids are spoiled and parents know it, and the lessons learned at home could help shape-or lead to misshapen-attitudes toward money in youngsters' later...

Ultra-Wealthy Upbeat About '08 Returns Despite Market Turmoil

    Almost 60% of ultra-wealthy Americans are optimistic about their investment portfolios in 2008, which is double the rate a year ago, according to a survey conducted by PNC...

Schwab Buys Etelligent Consulting

Schwab Performance Technologies (SPT), the portfolio management and accounting solutions subsidiary of The Charles Schwab Corporation, today announced it agreed to buy back-office outsourcing...

Changing Markets And Priorities For Wealthy Investors

         Volatile markets, a weak dollar and next year's presidential elections are some of the moving parts wealth managers must contend with when...

Americans Don't Save Enough

A new study confirms what we all already knew: Americans are lousy savers...

Alternative Investments More Common

    If alternative investments go mainstream, are they really alternative anymore? We'll find out in the next two years as greater numbers of pension funds, endowments and...

People Underestimate College Costs

    Parents of college-bound children who work with a financial advisor are slightly more prepared to pay for the growing expense of higher education than are those parents who...

Millionaires and Half-Millionaires Feeling The Blues

The Spectrem Affluent Investor Index fell 5 points in November to -5, matching its second-lowest level ever...

Michigan Repeals Investment Advice Tax

The hated Michigan services tax that would've hit a number of business activities in the state-including investment advice-died a quick death when it was repealed just hours after it went into...

Roadmap For RIA Growth

    Bright prospects in the financial advisory industry means terrific growth potential for independent registered investment advisory firms positioned to capitalize on the...

FPA's Practice Management Scorecard

    Financial industry variations from region to region within the United States make it advantageous for advisors to compare their practices, and set practice strategies, on a...

Super Rich Are Super Risk Takers

    Wealthier individuals may have gotten that way by taking bigger risks, or they are now willing to risk larger portions of their investments in an attempt to increase their...

Deutsche Bank: Stocks Are Cheaper Than Bonds

    Equities are definitely cheaper than bonds, according to Deutsche Bank Private Wealth Management's Klaus Martini and Benjamin Pace, who spoke Wednesday in New York at the...

Advisor Confidence Hits Nadir

Advisor confidence reached its lowest level in three years, according to the Advisor Confidence Index (ACI), a benchmark that gauges advisors' views on the U.S. economy and stock market...

Home Price Index Hits Record Annual Low In 3Q

From every angle, the various housing price measures tracked by Standard & Poor's paint a grim picture in the U.S. during the third quarter...

NFP Securities Picks New President

National Financial Partners Corp. today named Daniel J. Young as president and chief operating officer of NFP Securities, Inc. (NFPSI), its broker-dealer business...

CFP Board's New Education Director

The Certified Financial Planner Board of Standards, Inc. has a new education director. Francis ("Frank") X...

Michigan Backtracking On Investment-Advice Tax

    Feverish lobbying by the investment advisory community and other industries has Michigan lawmakers reconsidering a recently passed bill that would tax a vast array of...