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Many clients would prefer to stay in their homes as they age -- for both emotional and financial reasons. In-home care costs much less than facilities-based care, and those costs are rising at a slower pace.
To save clients money, demonstrate their value and perhaps fight off robo competition, advisors can use these strategies to reduce clients' investment taxes.
Forget about their growing accounts -- that's just one of the reasons Gen Y is a wothy crowd to pursue, say young planners who target this market.
Whether they like it or not, RIAs must pay careful attention to their firms' compliance practices. Here are 23 important guidelines to follow.
Individuals don't need to talk to an insurance provider about long-term care, they need to talk to a financial advisor.
All types of care -- in-home care, adult day care, and facilities-based care -- are getting more expensive. But not all costs are rising at the same rate. See the latest data.
It doesn't have to be long, but your annual business plan should be on paper. Here's why advisors should write out their plan each year -- and what they should include.
Long-term care costs are rising steadily nationwide, but the costs vary significantly across the country, within each state and by the type of care needed.
From stolen cell phones to email scammers and hackers, advisors face numerous threats to the security of sensitive client data. Here are a few simple ways advisors can avoid getting hacked.
As longevity increases, advisors must find smart new ways to prepare clients for the cost of an extended retirement.
HighTower has added a Merrill Lynch team with nearly $300 million in assets to its new network aimed at breakaway independents.
Elliot Weissbluth tells HighTower conference attendees that he anticipates headwinds for firms that provide both products and advice and sees no future for small, unsophisticated advisors.
It's hard -- really hard -- to pick investments that outperform over time, Fama, the 2013 Nobel prize winner in economics, told advisors.
A new withdrawal strategy from J.P. Morgan takes real-life spending habits into account and suggests clients could spend more at the beginning of retirement.
Here's a snapshot of the best ideas to come out of this year's conference.
As clients live longer, they're looking to advisors for ways to boost retirement income. Here are three strategies to consider.
So-called robo advisors are shaking up the wealth management industry, but they can't replicate the human touch of actual advisors.
A clear, sustainable withdrawal policy plays a critical role in clients' retirement success. Advisors offer a few ways to get them to stick to the plan.
Advisors demanded that the group help 'draw a line' between financial planners and salespeople, and help them solve other challenges.
Conventional wisdom holds that allocations should become more conservative as investors live int their retirement years, decreasing the exposure to equities. Now research shows the opposite may be true.