Practice

Retirees ignoring biggest assets; Spending habits more important than income; Situation improves for 65-year-olds

Security experts say it's now crucial for advisors to understand that the fraud landscape has changed: Planners and their clients are both targets, and new federal rules (and custodians' policies) make advisors primarily responsible for fraud prevention. Advisors and other experts recommend a number of techniques for keeping clients safe.

When the Navy called Robert Gerstemeier back for involuntary active duty, he was glad that he had prepared for the unexpected.

Here are the smartest tips and tricks we’ve heard recently.

By focusing on what really needs protecting, advisors can help bring insurance spending under control.

UBS' Barry Ringelheim has seen enormous changes in the industry during his 46-year career as a financial advisor. But he says earning clients' trust remains the foundation of the business.

Even minor run-ins with the law can haunt you if you don't report them properly.

For clients, is one type of firm, business model or fee structure better than another?

Advisors can avoid risks and find success in breaking away to independence, says Shirl Penney, founder of Dynasty Financial Partners.

Some broker-dealers and some issuers have distorted the truth about the municipal advisor rule, said a former SEC lawyer who worked on the new regulatory regime.