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Digital wealth management firms see the way to reach millennial clients is through student debt.

Uncertainty still surrounding the fiduciary rule is one reason why advisors say they are not committing to specific upgrades just yet.

Diversification is a key word in the financial lexicon. But it is neither well-defined nor desirable in and of itself. What investors really need is efficiency.

Median operating profit declined more than 6 percentage points in 2015.

Hal Ratner is the global head of research for Morningstar Investment Management, a subsidiary of Morningstar Inc.

The fiduciary rule, combined with technological advances, will create pressure to compress fees to a degree that could threaten advisers’ lifestyles.

In the near future, an adviser's role will partly be providing help desk support to clients, says Uday Singh, a partner with A.T. Kearney, at SourceMedia's In|Vest conference.

Next generation retirement planning combines Social Security and portfolio withdrawal strategies.

Clients expect their emails and texts to be responded to nearly instantly, says Earl Jefferson, founder of Texas-based advisory 7th Harvest Investments.