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.

The good, the bad and the downright inexplicable in the suggested changes.

As advisors grow their firms into bona fide businesses, they may sour on the profession —unless they scale back, Michael Kitces writes.

It’s time to broaden our understanding — and assessment — of risk composure.

Transparency is the key to a good long-term client relationship. That’s why advisors should publish fees and minimums on their websites.

Some of the biggest changes come when industries collide.

With lowered surcharge thresholds effective this year, strategies to manage the bite are a way for advisors to add client value.

Existing clients and contacts can activate a fire hose of new revenue, so why do advisors shy away from the practice?

A relatively new approach for measuring savers’ progress toward goals is gaining steam, but it’s not without its imperfections.

A new body of research suggests an ideal retirement-planning approach may exist — but buyer beware.

If an acquisitive advisory firm doesn’t perform due diligence on the seller’s fee structure, headaches are guaranteed, Michael Kitces writes.