Practice

The wealth management industry has long been characterized by a lack of diversity. After the success of Raymond James' Women Advisors Network, though, a group of advisors and branch managers at the firm has launched a Black Financial Advisors Network.

Better technology, cultural differences and bigger deals have enabled regional firms to recruit more competitively and keep up the momentum.

Four investments clients can make completely tax-free; Plus, how the mega-rich avoid paying taxes.

Gen Xers can save in their 401(k) plans for a longer period of time compared with baby boomers, and can expect higher tax-deferred investment growth; Plus, the best and worst states for retirement.

CEOs, when questioned in recent earnings calls, offered first impressions of the impacts the proposal may have on the industry.

With college costs soaring, clients may want to help pay for a family member's education. Watch for these trouble spots.

Recruits from Edward Jones, Morgan Stanley and Barclays leave for the wirehouse.

The association of state securities regulators has proposed a rule that would compel advisors to maintain formal business-continuity and succession plans.

Advisors who are helping clients prepare themselves financially for retirement are only doing part of the job needed.

The wirehouse picked up the Blaustein Clancy Financial Group in New York.