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Advisers also noted a dip in their clients’ retirement savings activity after the tax filing deadline passed.

Converging movements – fiduciary, technological and demographic – mean new realities for how a planner will act like a professional.

The proliferation of asset management firms and the growth of individual funds have forced managers to maintain too many positions and undermined returns said AllianceBernstein CEO Peter Kraus.

This method allows advisers to focus on market data evidence and academic research.

Richard W. Davis also took $1.5 million in fees while he was entitled to just $150,000, the commission alleges.

Clients may pay taxes on their Social Security Disability Insurance benefits if 50% of the benefits and their other income exceed certain thresholds.

Clients planning to live in assisted living communities during retirement should know which states are pricier than others.

Fixed-income yields may feel low, but foreign investors facing negative yields at home are making the U.S. markets popular.

The bank, which operates in 12 states, is bringing customers in the door even as it cuts its retail square footage by half. The lure? The offer of a financial "checkup" that tens of thousands of people have accepted.

The adviser claimed she was unjustly fired from First Citizens Bank for allegedly making unauthorized bonus payments to her two sales assistants totaling $9,000.