New Hire Roundup: Convergent Wealth Advisors Welcomes Curran
Also, SEC named two to its Office of Municipal Securities, and Pensionmark Retirement Group welcomed Erik Swenson's firm as a partner.
Ryan Budget Seeks to ‘Tighten’ SEC’s Belt
But SEC Chairwoman Mary Jo White told lawmakers the same day that there was "an immediate and pressing need" for more funding for advisor exams.
Visual Tools Help Clients Make Complex Decisions
But it’s easy to introduce bias, Anya Savikhin Samek of the University of Wisconsin-Madison says, so finding the right visual tool is important.
Fed Changes Interest Rate Policy, Linking to Wider Data Range
The Fed gave itself room to keep interest rates low by dropping a linkage between the benchmark interest rate and a specific level of unemployment.
Fed Links Rate Outlook to Range of Data; Drops 6.5% Jobless Threshold
FOMC said ‘highly accommodative stance of monetary policy remains appropriate’ before its first meeting led by Janet Yellen.
SEC to Keep Close Eye on Advisors Who Are ‘Highly Successful’ at Rollovers
“The goal is to see whether there is an abuse of rollovers,” says Kevin Goodman, national associate director of the SEC's BD exam program.
Finke: What Makes a Successful Retirement?
Financial advisors spend a lot of time helping clients become financially prepared for retirement. But retirement isn’t just about money.
How to Obliterate the Cost of College
Want a Stanford education without the $59,000 a year price tag? The growth in massive open online courses (MOOCs) now makes that possible.
FINRA Creates Investor Issues Committee
The committee will advise senior FINRA staffers on proposed rulemaking and policy initiatives. Barbara Roper is one member.
Start LTC Planning Now, Save a Bundle Later: Genworth
Families could save almost $11,000 per year on out-of-pocket expenses for long-term care if they started planning a little earlier, a Genworth report found.