Practice

New digital tools are paving the way for advisors to create hybrid services that will increase both reach and profitability. See a few of the newer options.

Clients give up access to their money with annuities, so they are advised to use only a portion of their savings in these products; Plus, they should activate a fraud alert if they think their Social Security number has been compromised.

Co-sponsor of legislation to derail Labor Department's fiduciary proposal admits that the bill's greatest goal is to put political pressure on the administration.

Discussions about cognitive impairment and end-of-life issues might be difficult, but they need to happen, and could yield an upside for the advisor's practice.

The top lawyer of Goldman Sachs Group’s asset management unit is leaving the bank to become the top aide to U.S. Securities and Exchange Commission Chair Mary Jo White, the agency said Wednesday.

The revised proposal would require brokers to disclose to clients the compensation they receive when jumping to a new firm.

Most managers have not yet realized the full potential of social media, or set corporate policy, to augment their institutional sales and marketing efforts.

Fewer than 14,000 American households received 5.6% of adjusted gross income in 2012, according to data released by the IRS that underscore the increasing concentration of income.

Nearly all the top bank insurance programs in the nation established a profiling process to gather data on their customers' life insurance needs, according to an industry study.

In all, 81% of advisors surveyed said they used or recommended ETFs versus 78% who used or recommended mutual funds, according to an annual FPA survey.