Practice

The tech outsourcer and platform services provider’s second annual conference in Chicago underscored the firm’s rising influence among independent advisors: more than 600 advisors attended, twice as many as last year, and attendance also doubled to 1,100.

Only 12% of employers sponsoring 401(k) plans feel that their employees will be financially prepared for retirement, down from 15% a year ago.

The Internal Revenue Service has published 2010 statistics on foreign trusts indicating an increasing interest in foreign investment by U.S. taxpayers, and the impact of changes made in 1996 to information reporting requirements.

A difference of 1% in fees could reduce an investor’s balance at retirement by as much as 28%, according to the Department of Labor.

Morningstar has rolled out the next generation of Morningstar® Retirement ManagerSM, an advice and managed account service for defined contribution participants in the United States.

Twitter just turned seven, Facebook nine and LinkedIn 10. That’s old in Internet years. So what’s taking the finance industry so long to join the party?

Advisors have a lot to consider when working with Generation Y clients, but it’s a two-way street.

Here's one uncomfortable stat for advisors: 90% of assets transferred to the next generation don't stay with the existing advisor. When it comes to your roster of clients, how do you plan to change that?

Despite the quick growth rate of the financial advisory industry over past 10 years, female advisors haven’t been growing at a comparable rate, according to a study on the gender disparities of the sector.

Gen Y clients may be the next frontier for financial planning, but their low investable assets and risky retention rate aren’t all advisors should be thinking about.