Elliot M. Kass

The case, filed on behalf of an on-call branch office manager who works with advisers, follows similar retirement plan-related litigation recently filed against other firms, including Morgan Stanley.

These trusts are holding their value and merit an allocation.

Tech dinosaurs will ultimately lose out to fleet-footed advisors who quickly embrace the latest innovations.

Advisors typically aim to capture client’s children, but often it’s the parents of clients who need the most help.