Practice and Client Management News

Financial Planning's Practice and Client Management coverage includes essential advisor-level strategy and operational insight for firms and solo practitioners. Read how elite advisors build retention-driven practices, manage high net worth relationships and operationalize growth frameworks that go beyond rudimentary 101 topics. Learn the latest financial planning news from expert reporting and analysis that matters to industry leaders.

Wealth management

Many students still haven't heard of financial planning careers — what needs to change

Financial planning careers pay well and offer great prospects, but many students still don't know they exist.

By Victoria Zhuang
Reporter

October 25
Retirement

Ask an advisor: Should I finish my mortgage right now?

A couple in New Jersey has enough savings to finally own their home outright. Should they seize their chance or put their money elsewhere?

By Nathan Place
National Reporter

October 25
Tax

IRS seeks to improve service with business and professional accounts

The online portals could make working with the agency easier for financial advisors, tax professionals and their business owner clients.

By Staff report

October 25
Professional development

Financial abuse can trap people in relationships — here's how advisors can help

From ordinary couples to the ultrarich, people of any wealth level are vulnerable to financial abuse and domestic violence. Wealth managers, who can see into a household's finances, can make a difference.

By Victoria Zhuang
Reporter

October 24
Wealth management

Many clients lack motivation. Here's how financial advisors can get them going again

New research released during the annual eMoney Summit says understanding, technology and trust are the keys to a more engaged client base.

By Justin L. Mack
Former Wealthtech Reporter

October 24
Tax

IRS offers 'Secure' relief to 10-year rule beneficiaries

Beneficiaries and retirement account owners born in 1951 in particular may be in luck.

By Jeffrey Levine
Director of Advanced Planning

October 24
Tax

LPL releases outsourced tax planning services for financial advisors

CEO Dan Arnold said on the firm's last earnings call that the tools were "receiving positive early feedback and demand in the marketplace."

By Staff report

October 24

Resources

The latest Financial Planning research and discussion:

Advisor strategies
On-Demand Web Seminar Quarterly Outlook Briefing
Web Seminar The art of asking questions

Asking the right questions is at the heart of every meaningful financial conversation—but how do you know what to ask and when?

Partner Insights from eMoney Advisor
Web Seminar Unlock your potential: Monetize and maintain your independence

Did you know you can monetize, simplify and preserve your legacy, all while bridging to the next generation? Most will wonder "what's the catch?"

Sponsor Content from LPL Financial

Practice & Client Management: Key Questions & Analysis

How should financial advisors rethink client management as they grow their practices?

As advisory firms grow, client management often shifts from ad-hoc relationship handling to processes focused on segmentation, service models and long-term retention. Coverage in this area reflects how advisors are operationalizing client experience as a core business discipline.

What operational challenges are most important in advisor-client relationships?

Advisors face increasing pressure from capacity constraints, rising client expectations and the need to balance personalization with scale. Practice and client management reporting highlights where firms are finding success to maintain service quality while expanding.

How are advisors adapting communication strategies to changing client expectations?

Client communication strategies are evolving as advisors respond to demographic shifts, digital expectations and heightened demand for transparency. Read how firms are adjusting cadence, channels and messaging.

How does client management impact long-term practice value?

Effective client management is often viewed as a driver of enterprise value. Client management is a key area of focus for retention, referrals and succession outcomes. Learn how client experience strategy directly to firm durability and valuation.