Portfolio

Facet Wealth acquires small clients from advisory firms, with the promise that it will operate as a partner rather than as a competitor.

The new hires build on the firm’s recent recruiting successes.

Even though the program was created by a large multinational corporation, companies of all sizes could utilize this approach.

Clients need more advice — and advisors must do better analysis before making recommendations.

Because most advisors are generalists, up-and-coming planners can seek out almost any niche to explore.

Advisory firms should add this key position to their C-suite, argues CFP Board CEO Kevin Keller.

The lawsuit illustrates the persistence of such accusations among the nation’s more than 600,000 securities brokers.

Microsoft and Amazon.com are the fund’s top-two holdings.

The guideline used a specific set of assumptions: a retirement lasting 30 years with savings in a tax-deferred account and nothing left for heirs. Change just one and your “safe” withdrawal rate may differ.

This is the first move of Joseph Chu’s financial career, but it’s not the wirehouse’s first big loss this year.