Kenneth R. Lench, the chief of the structured and new products unit at the SEC's division of enforcement, is leaving at the end of the month. read more » | Bank of America's Global Wealth and Investment Management business posted strong growth across the board in the second quarter. read more » | When we think about post-traumatic stress disorder, we typically envision combat, tornadoes, and hurricanes. But PTSD is not limited to life-threatening events. Events threatening financial security (and even career-security) can be very traumatic. read more » | With a new branch manager, the St. Petersburg, Fla.-based firm forays into an increasingly competitive Seattle market. read more » | Hedge funds have beaten the FDIC in a series of legal disputes over the assets of bankrupt holding companies, exposing a serious flaw in the regulator's system for recovering value from failed institutions. read more » | Will the slower spending trend, combined with higher tax revenues, contain the deficit? read more » | Must Read | Back to School on 529s The tax-advantaged plan was supposed to help average Americans save for their children's college education. Today, advisors are increasingly recommending them as an estate planning tool for the wealthy. read more » | Must Watch | A More Perfect Practice If he were to rewrite his practice management book Practice Made Perfect today, Pershing's Mark Tibergien says he'd be more optimistic. He'd also take a look at what advisors are doing to attract next generation clients and build sustainable practices. read more » | Contact Us Matt Ackermann matt.ackermann@sourcemedia.com Online Editor-in-Chief Phone: 212.803.8711 Mark Lynch Mark.Lynch@sourcemedia.com Associate Publisher Phone: 781.626.4001 |  |
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