Financial Planning - October 2024

THE INNOVATORS

However, financial advisors have been trying to ease client fears by taking a longer view.

With shares in the acquirer growing as a percentage of the consideration, the rollovers pose important practice management, tax and business implications.

Financial advisors who specialize in estate planning say regular clients can learn from these messy celebrity situations.

Baseball cards, sneakers, cars, antiques and stuffed animals could sell for a lot of money, or such collections could be a time suck and an emotional drain.

Planners can help savers avoid higher taxes, IRS penalties and Medicare headaches by guiding them through the strict guidelines for the accounts.

Financial advisors have built companies that are attractive to investors. But if they face challenges, experts say they can solve them without letting go of their firms.

Eight Broadridge employees rowed at the Paris Olympics this summer through the fintech's Elite Athlete Management Program.

These eight firms are using AI and technology to build stronger connections with clients and build business at scale.

These seven financial advisors — career changers, innovators and community leaders — are changing wealth management. Here are their stories.

As a growing area of expense, the impact to budgets and financial plans merits a discussion, according to experts. Here's a mini guide to the key considerations.

Clients have several options to tackle this unpleasant topic, but for advisors, the best time to start the discussion is now.

The planning strategies for large individual equity holdings pose tax, investment and behavioral questions for financial advisors and their customers.

While AI tools like ChatGPT are abundant, there's no guarantee compliance will approve it for office use. Here are some tips for getting new tech through the gauntlet.

Firms developing new digital tools like schedulers and AI note-takers are finding that starting out simple saves time and generates adoption.

Advisor consultants say it's time to do a tech gut check as new technology is bloating firms into paying for costly and often unnecessary tech stacks.

Fears — including running afoul of regulators or garnering ego-crushing reviews — have kept advisors behind the curve of an already ubiquitous marketing practice. Here's how advisors can play catch-up.

Generation Z is hungry for authentic financial advice to guide them into the future, but planners must first form a 3D view of the challenges the cohort faces.