Practice

Should older clients' portfolios be adjusted more quickly to bring equity allocations to their desired level? New research says yes.

Regional firm Benjamin F. Edwards picked up a Wells Fargo advisor team.

Wells Fargo's elite Abbot Downing unit is adding a senior consultant to the team overseeing client education programs for ultrawealthy clients.

Municipal bond broker-dealer groups have spent nearly $5 million trying to influence federal lawmakers in recent months, using in-house lobbyists as well as outside firms and campaign contributions to promote their positions on securities laws, tax reform, and regulation.

Is it ever smart to tap retirement accounts early?; A 401(k) rollover checklist; 5 reasons why you shouldn't retire at 62

Advisors today are realizing they have to be flexible, saying that they are just as apt to recommend a number lower or higher than 4% to clients as an appropriate withdrawal rate. And some are using means completely different to set rates.

Use these ideas to quickly bring new staff up to speed on a firm's values, tools and culture.

Nobody wants to think about the prospect of failing mental capability, but it's an issue that clients need to address if they're to be fully prepared for retirement.

Wealth management firms are positioning themselves to meet rising demand from millennial investors who want to better align their investments with their values.

Advisors have shifted the focus to thinking about retirement in terms of income strategies rather than purely the accumulation of more assets.