Practice

Advisors now have extraordinary tax-advantaged estate plan possibilities for wealthy clients.

JPMorgan Chase’s reported attempt to get the FDIC to pay part of its settlement with the government is yet another chapter in a long-running dispute over the 2008 resolution of Washington Mutual.

The mass-affluent are getting more serious about long-term financial objectives, although there is still a major gap between their retirement savings and retirement goals.

The CFA Institute, along with Maria Hartwig, an associate professor of psychology at the John Jay College of Criminal Justice in New York, are working on techniques to help financial professionals improve their ability to detect deception.

According to a report from consulting firm Booz & Co., more than half (51%) of the "rising mass-affluent" say they would consider using their primary bank for investing, compared with only 37% over the age of 50 who said they would.

Professional football players spend 95% of their time preparing — advisors should take a page from that playbook and beef up their referral processes.

Often advisors cross the finish line of their careers only to sell their books of business at half their value. Don't let that happen to you.

(Bloomberg) -- Illinois legislative leaders reached a tentative agreement on fixing the worst-funded U.S. public pension system and will submit it to lawmakers for a vote Dec. 3, according to a spokesman for Senate President John Cullerton. “The Senate president will be debriefing members of his caucus in the coming days in hopes of garnering support,” Ronald Holmes said in an e-mail. …

Some academics maintain that if a client obtains an immediate annuity, it pays an income stream for life and the individual is less likely to outlive his or her money. But of course, many planners often see issues with this in real-life situations.

Challenges to social media protocols by employees fired for violating them are succeeding with increasing frequency.