Practice

Hackers are creating new strategies to separate you, and your clients, from your money, but there are steps you can take to guard against these attacks, according to Bill Winterberg, a CFP and technology consultant, told a room of advisors at the TD National Conference in San Diego.

There are lots of ways to talk about what you do. Unfortunately, most of them aren’t terribly effective, and many actually turn people off. Ken Haman says there are some ways prospect effectively in social situations and make the biggest impact in a short period of time.

Don’t cry over spilled milk. Learn how to make the most of your mistakes.

Social media is starting to shake up the world of wealth management, but amid some big success stories, many advisors are unclear whether it’s worth their time.

Dan Dillard launched a video effort that’s on the verge of reaching thousands of clients beyond his book of business. Here’s the second part of his story.

Morgan Stanley Wealth Management has snapped up five financial advisors from UBS who previously managed $750 million in client assets.

Which part of your client-facing process is the weakest link? It’s time to fix it.

Taxes and the economy colluded to make 2012 a record year for grants and contributions.

Advisors who want to optimize the value of their firm may be in luck.

The advisor population is “stagnant and aging;” older advisors may not relish the hassles of a moving to a new firm. Meanwhile, barriers to entry for new financial advisors remain high–less than 15% of trainees succeed in establishing a viable business.