Person Root Tag

As advisors grow their firms into bona fide businesses, they may sour on the profession —unless they scale back, Michael Kitces writes.

They will have a lot of questions. Here are ways to put the decline into perspective.

Pole-vaulting advisor Mark Cortazzo’s practice marked at least the second hybrid in three months to leave the firm for Mutual Securities.

More than $34 billion in client assets moved into the No. 1 IBD’s fold in the first part of the acquisition.

It’s time to broaden our understanding — and assessment — of risk composure.

The firm wants to rid advisors, and their clients, of traditional paper checks.

Transparency is the key to a good long-term client relationship. That’s why advisors should publish fees and minimums on their websites.

A nuanced look at how U.S. equities performed under both presidents relative to historical averages and international markets. The answers weren't what we expected.

The former underdog is settling into its role as one of Wall Street's more well-balanced firms.

Wealth management has “only increased in relevance as it’s continued to grow,” CFO Jon Pruzan said.

Brian Moynihan said "it’s just our view that customers should be careful here."

The firm also reported that its advisor ranks were up 2% year-over-year, boosted by its training program.

Some of the biggest changes come when industries collide.

Fourth-quarter profits ticked up a modest 1% year-over-year to $659 million even as number of advisors dropped 2%.

The new tax law is expected to drive more money into investment products and push stock and bond prices even higher, says CEO Laurence Fink.

The industry group is seeking restrictions on how brokers can describe their services and responsibilities.

Convert property taxes into charitable donations? Sue the federal government? How officials in California, New York, New Jersey and Connecticut might fight new caps on state and local tax deductions.

While banks will likely benefit from the lower rate, the new law requires charges in the near-term.

Local jurisdictions in high-tax states are grappling with changes and headaches from the tax overhaul.

Banks' online advice platforms are just the face of a deeper effort to restructure client data and adapt to a digital era.