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FSI Expands Membership Base

   The Financial Services Institute (FSI) said it ended 2007 with more than 12,600 active financial advisor members, a 141% increase over 2006...

TD Ameritrade And Fiserv Finalize Deal

TD Ameritrade Holding Corp. yesterday announced that it completed its acquisition of Fiserv's investment support services business for roughly $225 million cash...

Brokers And Advisors More Likely To Switch Firms in '08

The number of brokers and advisors likely to consider leaving their current employer and switching to another firm in the next 12 months nearly doubled to 9%, from...

Wilmington Trust Buys AST Capital Trust

   Wilmington Trust Corp. yesterday announced it signed a definitive agreement to buy AST Capital Trust Co. for an undisclosed amount...

FPA: Rebate Checks Send Wrong Message

   It's a classic dilemma: Americans are lambasted for not saving enough, yet our spendthrift ways are the linchpin that keeps the economy afloat...

Fed Cuts Rates By 50 Basis Points

As expected, the Federal Open Market Committee today lowered its target for the federal funds rate 50 basis points, to 3%...

Advisor Confidence Sinks Lower

A survey of financial advisors' outlook on the economy and the stock market sank to new lows in January, according to Rydex AdvisorBenchmarking...

Treasury Yields Expected To Rise

    Both the amount of Treasuries issued and their yields are expected to rise in the first quarter, according to the quarterly Government Securities Issuance and Rates Forecast...

'07 Existing-Home Sales Slumped

    The National Association of Realtors yesterday released existing-home sales figures that put a glass-half-empty, glass-half-full spin on the numbers: total sales last...

Financial Vision Merges With RTD

Financial Vision, a financial life planning firm in Atlanta, has merged with RTD Financial Advisors of Philadelphia. The deal gives RTD its fifth office and boosts its client base to 400...

FPA Asks D.C. To Implement Financial Literacy in Schools

The Financial Planning Association today testified before the Washington, D.C. City Council to ask officials to incorporate financial education into the District's high school curriculum...

Money Tree Software Launches Enhanced Products

Money Tree Software Ltd., developer of TOTAL Planning Suite and Silver Financial Planner software, recently announced new and more powerful versions of both programs...

Why Some RIAs Grow Faster Than Others

   On average, assets under management at registered independent advisors grew 55% during the past three years, according to a survey of RIAs conducted for Fidelity Investments...

Financial Gerontology An Untapped Market

   Despite the hype and obsession surrounding the pending retirement of baby boomers, a recent survey by Rydex AdvisorBenchmarking indicates that most financial advisors aren't up to...

Hedge Funds Outperformed Markets In '07

Hedge funds on average did better last year than the leading market indexes, according to Morningstar Inc., the Chicago-based investment research company...

Registration Opens For Broker-Dealer Compliance Seminar

The Securities and Exchange Commission and the Financial Industry Regulatory Authority (FINRA) today announced they've opened registration for the inaugural CCOutreach BD National Seminar...

Van Eck Launches Coal ETF

Maybe getting a lump of coal in your stocking isn't such a bad thing after all, given the sector's recent performance...

Freestone Capital Management Gets $40 Ml. Infusion From Sienna Group

   Seattle-based Freestone Capital Management, a wealth management firm with roughly $2 billion in assets, today announced it got a $40 million investment from The Sienna Group, a...

Responsiveness Is Key For HNW Clients

   High-net-worth clients consider responsiveness the most-desired trait for selecting a financial advisor, according to a survey of affluent investors by the Spectrem Group, a...

Eaton Vance Sees Opportunities in Rocky Market

The market's recent action can be summed up in a word-fear...