Ann Marsh

The CFP Board is seeking input and guidance from planning professionals as it considers changing the way it currently investigates bankruptcies among planners.

When it comes to acquiring and retaining clients, social media channels are on their way to becoming as important as traditional media channels for wealth managers, according to a study from Celent.

In recent years, the federal government has created an AMT “patch” to help exempt millions of Americans from getting caught. But planners should note that lawmakers haven’t moved to create a patch for 2012.

Planners have taken note of the fact that clients with incomes of $1 million or more were twice as likely to be audited by the IRS in 2011 than they were in 2009. Several say they are taking steps in anticipation of still greater vigilance on the part of the agency.

It's time to think about accelerating clients’ income for 2012 in anticipation of higher taxes for 2013 and beyond, according to the founder of one of the nation’s largest RIAs.

Cetera Financial Group has agreed to buy Genworth Financial Investment Services, an independent broker-dealer with almost 2,000 independent advisors specializing in integrating wealth management services with tax and accounting services.

Web Exclusive: The woman who runs the nation's largest RIA firm, Maria Elena Lagomasino, doesn't have much faith in the non-fiduciary side of her industry. In fact, she says an unfortunate number of planners at large banks and brokerage houses run their businesses to benefit themselves as much – or more than – their clients.

Web Exclusive: It took Oxford Financial CEO Jeffrey Thomasson years to figure out how to recruit and hire the best people. Now, the nation’s second-largest RIA has it down to a science – and the firm is thriving like never before.

The SEC has charged an Illinois-based investment advisor with using LinkedIn and other social media channels to attempt to sell $500 million in fictitious securities.

Web Exclusive: The nation’s third-largest RIA now has more than $10 billion in assets under management due in large part to its comprehensive approach to managing and maximizing clients’ investments with the taxman in mind.

There is strength in numbers, and practices across the country are banking on size to position themselves for success.

Nearly two years after a UBS wealth manager was found dead in her bathtub on New Year’s Eve, a New York court official has filed a wrongful death suit accusing the late Shele Danishefsky Covlin’s estranged husband, a former stock trader, of strangling his wife.

Planners should pay close attention to a new U.S. tax statute that will take effect in the 2012 tax year that experts say could make it difficult for their clients to keep their American citizenship and their foreign-based assets at the same time.

Every new year, many financial planners prompt clients to revisit and update their estate plans and wills. In so doing, they should begin teaching clients about a new – but critical – area of estate planning: attending to their digital legacies.

Washington Wealth Management, a breakaway RIA founded last December, continued its explosive growth by acquiring its third breakaway advisor in just the past three weeks, bringing it ever closer to $1 billion in AUM.

Shrinking margins in the independent broker-dealer space have prompted another independent broker-dealer, Seattle-based Pacific West Financial Group, to close its doors.

Planners aren't as enthusiastic as some of their clients about gold and silver.

Financial professionals, 86% of whom have at least one social media account, risk running afoul of compliance rules as regulatory bodies sort out the rules for advisors’ use of these new channels. That was the message from social medial expert Alexandra Basak Russell, at the Women Advisors Forum in Huntington Beach, Calif.

Merrill Lynch is helping its advisors and clients change their most basic assumptions about investing, according to Jennifer Williams, branch manager of the company’s Newport Beach, Calif., office told the audience at the Women Advisors Forum today in Huntington Beach, Calif.

Only 31% of financial advisors in the U.S. are women. Only 20% of women investors have a financial advisor, but 70% would like to work with a female planner. These numbers are even more impressive given that women possess at least half -- if not more -- of all private wealth in the country and control 80% of all household purchases.