Practice

Divorce is increasing among people aged 50 and up, which affects lifestyle and financial independence; Plus, 401(k) mistakes to avoid.

Advisors who are thinking of starting their own firms need to understand that compliance is as essential to their business as any other aspect.

The team generated nearly $4 million in annual revenues while at Morgan Stanley and joined Raymond James' employee channel.

The lobby group's proposal calls for more disclosure, but does not mandate all material facts be revealed, or that the client truly grasp the pertinent issues, writes Ron Rhoades.

The newly formed team joins the Wells Fargo Advisor Financial Network with over 65 years of combined experience.

Education loans accounted for 30% of installment debt for pre-retirees in the 55 to 64 age bracket, according to a LIMRA survey; Plus, 5 signs your clients rely too much on Social Security.

“Small investors will be forced to leave the brokerage firms,” Ron Kruszewski says, adding that the plan will “increase costs and reduce choices for the smallest investors."

Planners agree that the strategy is a boon for high-income clients, but controversy swirls around the issue of timing.

Children still like paper statements, but Mom and Dad's reliance on plastic has meant less loose change ending up in the piggy bank. Mobile banking is hot, but peer-to-peer payments are off to a bit of a slow start.

Crafting messaging goals for fund providers in an era of strict regulation can be stressful. But communications firm Blu Giant says there are ways to develop strategies, even for social media, that can keep a provider from drowning in too much information or sinking under regulatory fines.