Practice

Shrinking fees and expanded service offerings are squeezing financial advisors. Cerulli research says the problem will only grow over the coming year.

The contemplated service would let E-Trade users put money into popular tokens like bitcoin and ether.

Certified financial planners will pay an additional $120 a year for the CFP designation, starting in October. The CFP board said the fee hike will help fund expanded advertising efforts.

Adoption of these applications has grown exponentially, but some advisors and attorneys say caution is warranted.

The firm characterizes the cause examination, a procedure that typically originates from a customer complaint, as a routine matter.

Advisor and women in wealth advocate Cary Carbonaro charts her struggle for respect and pay parity after a buyout by a big investment bank.

Novel legal theories and a lower bar for plaintiffs could unleash an explosion in ERISA-based lawsuits against 401(k) plan providers.

Financial planners who take their customers through a difficult calculation can add a lot of value that may sometimes get overlooked in the profession, one expert said.

Experts say it's not just about cold, hard numbers. Knowing client expectations can also make or break any potential deal.