Practice

Michael LaMena's exit continues the management shake-up at the Chicago-based RIA.

Adviser headcount continued a slow, but steady decline, slipping to 6,915 from 7,116 for the year-ago period.

Clients should be especially mindful of market movements during the "fragile decade," the span beginning five years before retirement until five years after retirement.

Yes, advisers can invest these funds in nontraditional assets, but you must understand the risks before giving clients the OK.

The agency says its adoption of WebEx will allow for improved outreach with clients in the more rural regions of the country.

The microinvesting site, which now has over 2 million accounts, allied itself with Clarity Money.

Fidelity already has a private fund in China, and BlackRock plans to launch one as well.

Investors want more clarity and better options when it comes to fees.

CEO Dan Arnold said advisers’ uncertainty about the fiduciary rule is waning.

The most important consideration is that clients are able to complete the 35-year work period because benefits are based on the 35 highest-paid years from their careers.