Michael Kitces

Effectively applying cost, affordability and value can make an advisory practice hum. Here’s how to unlock the magic combination.

Flawed questionnaires, conflicting interests, unclear regulatory stances — it’s a mess, but it can only get better.

These certificants are multiplying — and so is their revenue.

On-demand, highly specialized and competitively priced: If it works for car sharing, why not for financial services?

The Treasury will soon crack down on valuation discounts. Here’s what it means for your ultrahigh-net-worth clients.

Sure, these trusts are intended to shelter a beneficiary, but a non-grantor one presents numerous tax-liability issues.

Given retirees’ unease about the future, spending down principal can prove a curious challenge.

These planning strategies can prevent beneficiaries from biting off too much — or too little.

Knowing how and when to withdraw can save clients big in their golden years.

Their low or no upfront costs can bite down hard on an adviser’s future profits.