Practice

Only 17% of advisers have a binding and actionable plan in place.

For ultrawealthy clients who own property, an adviser's starting point should be an irrevocable trust. But you can't stop there.

A tweak in accounting guidelines the firm helped to modify is expected to make the funds cheaper and easier to own.

Hiring former professionals could help firms improve diversity in a field that’s still 84% male.

With the rule's implementation date around the corner, here’s what wealth managers should focus on in coming weeks and months.

There must be a fully realized transition strategy, says Tim Chase, co-founder of WMS Partners.

Does holding a CFP, ChFC or CFA correlate to better client service? At last, hard evidence shows that clients do better with designated planners.

Harvesting losses to write off taxable gains is one strategy to address the Trump administration's plan to scrap the 3.8% net investment income surtax.

Do's and don'ts for transitioning the practice as a long-term process, not a one-time event.

Commissions-based compensation models are losing ground to fee-based ones. But for broker-dealers, the switch isn’t something to be entered into lightly, Michael Kitces writes.