Financial Planning

The American College, an educational institution devoted to financial services classes, has created a $500,000 scholarship fund to offer financial aid to veterans.

Advisor Software has acquired Advisor Partners LLC, an asset management firm that specializes in creating comprehensive investment portfolios and managing client accounts on behalf of professional investment advisors.

The number of employers planning to offer annuities to participants in their 401(k) plans is expected to grow as companies look for ways to provide workers with a steady distribution of benefits during retirement, according to a new survey.

The Securities and Exchange Commission has voted to require companies to disclose more information about their compensation practices and the background of their board members.

The Internal Revenue Service has issued proposed regulations under a new law that will require reporting of basis and other information by stock brokers and mutual fund companies for most stock purchased in 2011 and all stock purchased in 2012 and later years.

Promoters have been marketing on the Internet the use of 401(k) funds to purchase franchises or startup businesses, which normally require up-front material sums of monies to launch.

RAYMOND JAMES RAISES AUM MINIMUM FOR NEW ADVISORS

In the worst economy in 75 years, the challenge of asset allocation for a given portfolio has never been greater. But that doesn

The House has approved a comprehensive financial reform bill, albeit with a number of key provisions weakened in recent days.

IMGCAP(1)]A lot of the lessons learned from the past year’s credit crisis are pretty basic. Don’t spend more than you earn. Don’t invest in risky opportunities. Don’t inflate your balance sheet.