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.

Diversity and equality

5 estate planning tips for LGBTQ+ clients

From securing guardianship rights from hostile family members to ensuring a safe caregiving experience, here's how advisors can help.

By Victoria Zhuang
Reporter

June 29
Regulation and compliance

Will New York's potential non-compete ban push advisory firms out of the state?

The bill would not only ban non-competes but also limit the scope of non-solicit agreements.

By Elijah Nicholson-Messmer
Data Reporter

June 29
Wealth management

Will giving clients access to ChatGPT tools bring more of them to advisors?

New research explores the potential for generative AI to serve as a strong support system for wealth management clients.

By Justin L. Mack
Former Wealthtech Reporter

June 28
Wealth management

TIFIN and Hamilton Lane launch AI investment assistant for private markets: Wealthtech Weekly

Plus, eMoney gets a new cash management option, Docupace gets a new CFO and the former Skience president starts a new fintech firm.

By Justin L. Mack
Former Wealthtech Reporter

June 28
Growth strategies

Advisors handling $2.4T of assets are retiring, as young talent flees the industry

Wealth management's broken career pipeline needs urgent attention as a succession cliff looms, a new Cerulli report says.

By Victoria Zhuang
Reporter

June 27
Wealth management

Ask an advisor: I'm founding a startup. What should I pay myself?

Deciding your own salary may sound exciting. But when getting a business off the ground, the pay question can be a delicate balancing act.

By Nathan Place
National Reporter

June 27
Regulation and compliance

SEC investor committee eyes user fees to fund more frequent exams

The panel's recommendation would also seek comments on the possibility of outsourcing some review functions to third-party firms.

By Dan Shaw
Reporter

June 27

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.