Practice

The firm commission-free platform already included all Vanguard mutual funds and ETFs as well as thousands of third-party funds.

While advisors have embraced cheaper trades, the move may have long term effects on strategies for client portfolios.

The firm’s supervisory systems did not identify brokers who recommended clients engage in potentially unsuitable early rollovers of UITs, the regulator said.

With astute maneuvering, advisors can add money to a clients’ college-fund kitty without jeopardizing financial aid.

Financial planners should at least consider modeling early retirement to prepare clients for the possibility of uncertainty, says Morningstar.

"Keep records and watch the statute of limitations. The usual IRS statute of limitations is three years after you file your tax return," an expert writes.

Contributing to these accounts makes sense for clients who anticipate higher tax rates in the future.

Don't neglect the FAFSA and other ideas to help families with annual incomes of more than $300,000.

Among the new recruits is an 11-person team.

More often than not, wirehouses were on the losing side of these moves.