Practice Management News from Financial Planning

In a series of webinars and journal articles, two lawyers and a financial planner are leading a collaborative discussion about how estate planning professionals can better serve African American clients and, in turn, all customers.

As college costs rise, some clients who fear their children taking on early debt make too much to qualify their children for aid, but not enough to pay for school outright.

With three years of market appreciation buoying most advisors' revenue generation, Morgan Stanley says: Produce a bit more or see a small pay cut.

A new Vanguard and Escalent survey finds advisors are still using AI mostly for administrative tasks like meeting notes, even as firms plan to pour $1 trillion into the technology globally this year.

Osaic expected advisor departures during its massive consolidation of nine separate broker-dealers within its corporate structure. But CEO Jamie Price says the effort positioned the firm well for a future liquidity event. Here's how the independent broker-dealer is rebuilding.

Megadeals and private equity transactions usually draw the biggest headlines, but potential acquirers can take their pick from any number of possible sources of financing.

Merrill and Morgan Stanley executives' recent statements on recruiting seem to reveal starkly different approaches. But industry recruiters say they are just masking similarities.

A new study based on a survey of more than 500 advisory practices by The Kitces Report sheds light on how the fastest-growing firms are spending their marketing dollars.

Advisors on what to ask, who to call in and when it's finally safe to tell a client: you can afford it.

Advisors discussed how they guide clients through the competing priorities of saving for their own retirements versus their children's college educations.

Advisors are still slow to plan for handing down their businesses, in part because of difficulties finding new owners they can trust.

These10 advisors are redefining what it means to serve clients and communities.

Financial Planning Rising Star Chukwudi Uraih of Lampados Financial Group helps first-generation professionals and immigrants navigate growing wealth.

Financial Planning Rising Star Marigny deMauriac of deMauriac draws on a counseling background to help women navigate divorce, loss and financial change.

Financial Planning Rising Star Cristina Wiebelt-Smith of Gertsema Wealth Advisors left tax season behind for a career centered on planning and service.

Gabbi Cerezo swapped lesson plans for financial plans, bringing teachers' instincts to a client base of educators and government employees.

Asked by his own mentor to give back as soon as he could, the Edward Jones advisor has made it a serious mission in his early career.

Financial Planning Rising Star Uziel Gomez of Primeros Financial built his practice around first-generation wealth builders often overlooked by traditional firms.

Financial Planning Rising Star Victoria Tejeda of Modera Wealth Management is building community through financial education and outreach to women.

Financial Planning Rising Star Sydney Woodward of YeskeBuie has expanded pro bono planning and financial literacy efforts for underserved communities.