Practice

Once clients form concrete goals, some discover they need to shift their financial plan

Once clients form concrete goals, some discover they need to shift their financial plan.

Recent research shows how advisers work and how they like to communicate.

"I think the DoL rule has a disproportionate impact on the independent business, and that affected our decision-making," says Ron Kruszewski.

Digital wealth management firms see the way to reach millennial clients is through student debt.

Uncertainty still surrounding the fiduciary rule is one reason why advisors say they are not committing to specific upgrades just yet.

Median operating profit declined more than 6 percentage points in 2015.

The fiduciary rule, combined with technological advances, will create pressure to compress fees to a degree that could threaten advisers’ lifestyles.

In the near future, an adviser's role will partly be providing help desk support to clients, says Uday Singh, a partner with A.T. Kearney, at SourceMedia's In|Vest conference.

Next generation retirement planning combines Social Security and portfolio withdrawal strategies.