Practice

New opportunities and wise practices can maximize the value of your clients’ — or your own — company.

The St. Louis-based firm claims its rival “instructs incoming recruits to compile client information from their former firm” as a matter of course.

As anxious as they may be to take advantage of the opportunity, there are pitfalls and hidden costs, advisors warn.

Tax-rate arbitrage is one approach, but it’s far from the only one, according to contributor Michael Kitces.

The new recruits cited their new employer’s technology platform as motivation for making the career change.

Current and former clients claim personal information, including Social Security and passport numbers, have been exposed due to negligence.

The 20 top-performers have generated gains well over 50% in the first seven months of the year.

The new additions help offset some recent departures at the wirehouse.

The change bars money managers from using some types of business entities to take advantage of an exemption to rules laid out in the 2017 tax law.

The “set it and forget it” balanced approach may not work as well anymore, an expert says.