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Advisors should review their employment contracts and other documents to make sure they won't incur liability for taking client information.
Advisors should check to see if both their old firm and new affiliated firm have signed on to the industry protocol for taking client information.
What do you really need in your software toolkit when going independent and what types of technology can wait?
Advisors must determine what kind of help they need at the outset.
Now may be the time to take advantage of advisors leaving wirehouses en masse, as contracts signed after the financial crisis seven years ago begin to expire.
Advisors need to determine ahead of time how they are going to make ends meet for at least two years as they build their businesses.
Aging parents could alleviate stress and possible tension if they share their final wishes with their children -- or at the very least, where their accounts are held.
There are four main types of powers of attorney and older clients must be sure to have the right one in place.
With comprehensive planning, hopefully this won’t happen. But if it seems like it might, how can planners help clients who’ve gone broke or are about to?
In many states, planners are now required to report if they suspect their clients are suffering abuse.
Planners and clients should determine whether the high premiums on stand-alone policies provide benefits that are worth the price -- and whether coverage provided by riders on life insurance policies is sufficient.
Here’s a primer on long-short funds, managed futures funds and managed payout funds.
Even after defaults, high-yield bonds have earned above-market returns.
There are a surprising variety of ways for clients to support charities, even if they don't have extra cash to give.
Clients who attend charity dinners or concerts need to take precautions on their tax returns.
Art, antiques or other collections can make valuable donations -- with tax benefits to boot. Help make sure clients comply with IRS rules and get the highest possible deductions.
Changes in IRS rules have made the paperwork more onerous and the tax breaks less generous. Advisors should examine clients' reasons for giving, and make sure they act well before year-end.
As strategies for charitable giving become more complicated, software can help planners, clients, attorneys and accountants evaluate different options.
Studies show that helping clients plan their charitable giving can strengthen planners' relationships -- and their businesses.
The tax and financial advantages of a charitable gift annuity are substantial, but sometimes oversold. Make sure donor clients understand how these annuities work.