Behavioral Finance
Read about the behavioral finance factors that affect clients and that help advisors tailor the best financial plans and portfolio strategies for investors.
Universal Standards
By Marie SwiftIn my last article, I relayed the startling statistic that by the end of this year, the number of non-U.S. CFP certificants will almost surely...
September 29, 2008
More Changes at the CFP BoardThe Board of Directors of the Certified Financial Planner Board of Standards has elected Robert Glovsky as chair-elect, effective January 1, 2009, when Marilyn Capelli Dimitroff begins her term as 2009 chair. Glovsky, president of Mint Levin Financial Advisors in Boston, will then serve as the CFP Board's 2010 chair...
September 26, 2008
RAYMOND JAMES CLARIFIES PLANS FOR BANK (Sept. 26, 2008)In response to a Florida press report, Raymond James Financial Chairman and CEO Thomas A. James says the firm is continuing with its plans to convert Raymond James Bank from a thrift to a commercial b
September 26, 2008
Pru To Host Volunteer EventPrudential Financial Inc. has scheduled its 14th annual Global Volunteer Day for Oct. 4.Prudential, Newark, N.J., says it expects more than 32,000 employees, relatives of ...
September 23, 2008
Big Financial Firms Buy Back Fewer SharesLarge financial services companies spent much less on buying back company stock in the second quarter than they bought back in the second quarter of ...
September 22, 2008
MORGAN STANLEY TO SELL STAKE TO MITSUBISHI UFJ FINANCIAL, BECOMES BANK-HOLDING COMPANY (Sept. 22, 2Morgan Stanley, home to 8,350 advisors, is forming a "strategic alliance" with Mitsubishi UFJ Financial Group of Japan, and - along with Goldman Sachs - it has become a bank-holding company, ending it
September 19, 2008
Massive Federal Bailout on the WayIn a bid to stem the mammoth financial crisis the U.S. is now facing, top members of the Treasury Department and Federal Reserve are hammering out with Congress a plan to create a government agency that would buy distressed mortgages from banks and other financial institutions at discount prices.
September 18, 2008
Stock Index Drops AIGKraft Foods Inc. will replace American International Group in the Dow Jones Industrial Average Monday, the publisher of the average says.The change was prompted by ...