Michael Kitces

The stresses of the job practically demand that we have people to confide in when the going gets rough, Michael Kitces writes.

Financial advice sometimes is — and isn’t — deductible.

Higher deduction ceilings have made itemizing a moot point for most individuals, but a novel strategy can yield real additional savings.

Sweeping tax changes have made it more important than ever to understand what is, and isn’t, deductible.

Though largely replaced by the 1% of AUM model, performance-based fee structures are cropping up again — and that’s cause for concern.

The technology is there, efficiencies are multiplying and the incentives are huge. So, why is the general mood so grim?

Even after a federal appeals court struck down the rule, more clashes over the regulation of sales versus advice are inevitable.

Monte Carlo simulations can only do so much.

Advisors should educate themselves about the treatment of Medicare premiums, tuition fees and 401(k) distributions.

As investment management becomes a supporting service, software providers are facing disruption.