Tim Ryan says focus should be on moving forward with Dodd-Frank and addressing the fiscal cliff.

Advisors can calm clients who wanted a Romney victory.

The uncertainty has vanished with the re-election of Barack Obama as president. But the incumbent who won a second term last night still has a number of problems that he continues to face – from a sluggish economic recovery, a huge deficit, a stubbornly high unemployment rate and of course, the fiscal cliff.

The advisory industry has been fretting about the impending tsunami of retiring advisors in the coming years for some time. As a result, firms are assembling succession programs as a way to ease the transition of client assets from older advisors to the much younger set.

Firms come and firms go, but there has to be a bit of nostalgia for Smith Barney.

It's the end of an era. Morgan Stanley announced its U.S. wealth management business, Morgan Stanley Smith Barney, has changed its name to Morgan Stanley Wealth Management.

The Robinson Reuter Group brings $250 million in assets under management to RBC's La Jolla, Calif., office.

Artnet Analytics launches online indices by individual artist and category to educate advisors with clients who are collectors

“SIFMA’s views are not supportable and would make a mockery of the fiduciary standard,” according to The Institute for the Fiduciary Standard in a letter to the U.S. Securities and Exchange Commission.

Some of the reported 1,600 cuts will come from the wealth management unit, but financial advisors will be spared.

FINRA also orders the firm to make restitution for not providing breakpoints on unit investment trust sales and for unsuitable sales of reverse convertibles to older customers.

Krawcheck calls for more diverse perspectives -- not necessarily based on gender or race -- and talks about the importance of appealing to younger investors put off by the struggling economy and Wall Street scandals.

Growth -- the kind measured in revenue and profits -- is the ultimate goal for the entire brokerage industry. As On Wall Street editor-in-chief Frances McMorris points out, figuring out how to achieve these goals while dealing with constant change is what firms like Raymond James and its competitors are now learning to do on the fly.

Raymond James isn’t likely to be a buyer for Region’s Financial’s Morgan Keegan unit. In an interview at the 17th annual Raymond James Women’s Symposium Thursday morning, two Raymond James executives said that there was too much overlap between their firm and Morgan Keegan -- even though it was attractive.

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While there may be investing opportunities in the markets, the weak housing market and unemployment hovering just above 9% are the issues that concern the nation and that are depressing the president’s poll numbers. And, voters -- including those without jobs and those who want to look for better ones --are getting mighty impatient.

• The Do's and Don'ts of attracting affluent clients • Bringing the Art of the Deal to Top-Notch Levels • Cultivating New Associations in the Pipeline Process • Building Your Star Performer Image • Success Strategies

The Do's and Don'ts of attracting affluent clients Bringing the Art of the Deal to Top-Notch Levels Cultivating New Associations in the Pipeline Process Building Your Star Performer Image Success Strategies

Among college-educated couples, 90-percent of divorces are initiated by women, and how they fare financially in the proceedings can have a dramatic effect on the rest of their lives. This makes divorce the time when women have the greatest need for independent financial advice, and for the soft skills that a female advisor can bring to the relationship. This session will teach advisors about: Divorce certification and where to get the training you need Cultivating a specialty practice that offers financial analysis for divorcing clients How a financial advisor’s skills can be utilized during the divorce process

Recent regulatory and legislative activity in Washington, D.C. could have significant implications for financial planners and advisors as the Dodd-Frank Wall Street Reform and Consumer Protection Act is implemented. It’s important for financial advisors to live up to the fiduciary standard and understand how proposed regulations in the nation’s capital will impact them, their practice and their work with their clients. This session will help sift through the jargon and the headlines, covering such issues as: The role of the SEC, FINRA and other regulators post Dodd-Frank NAPFA’s outlook on the fiduciary standard The impact on companies in asset management