The number of certified financial planners in the world could double in the next five years, according to the board chairman-elect of the Financial Planning Standards Board.

New York Life Insurance Co., America’s largest mutual life insurer, is re-organizing into two major business units, the company announced.

Financial planning can have a positive effect on familial relationships for Americans who have limits on how much financial assistance they can offer to family members, a new study says.

A Cleveland, Ohio-based business services provider bought the employee benefits and retirement section from Advantage Benefit Planning (ABP), based in Pleasantville, N.J.

Prudential’s market experts showed “optimism” for gains in the financial markets this year, but said some risks could weigh on investors’ earnings.

Murray Risk Management and Insurance in Lancaster, Pa., is buying an in-town brokerage competitor, The Securus Group, and its subsidiaries.

Variations on the indexed annuity offerings are providing a growing number of pre-retirees and retirees with new financial planning options.

A national independent broker-dealer is raising fees, including its advisor affiliation fee, starting Jan. 1, 2012, after two decades of maintaining the same rates.

Annuity sales are being influence by increasing emotion and a desire by buyers to secure their retirement, not accumulate wealth, a new report finds.

The number of market pessimists among America’s wealthy is slightly higher than optimists, according to a new survey.