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There's no place for complacency these days, and the biggest wealth management players anticipate changes by regularly adjusting their strategies.

Provide informative and entertaining tidbits to engage clients and attract new ones.

In an uncertain market, these can offer tax savings and flexibility that avoids risk.

The self-regulatory organization plans an internal and external search to replace the industry veteran.

A careful merger of exuberance and realism fuels success for clients.

DST was presented with the Innovation in Back Office Efficiencies Award at the 2015 NOVA Awards for improvements made in fund operations that demonstrate the firm's efficient use of technology, back office personnel and third party providers.

As business models converge in the industry, firms risk diluting advice with sales pitches and product promotion, says John Taft, head of RBC Wealth Management-U.S.

Attorney Alan J. Foxman answers readers most pressing regulatory and compliance questions, including one advisor who's making a move and wondering what data can information can go with him.

A recent recruit to wealth management comes to the industry after working in financial services management and serving as a lieutenant colonel in the Marines.

One possibility for clients is to reduce their housing costs by downsizing; Plus, despite the passage of the Pension Protection Act of 2006, many 401(k) plans have yet to adopt the auto enrollment and escalation.

"We have competitive advantages that none of these firms can duplicate," says Greg Fleming, president of Morgan Stanley Wealth Management.

How to reduce the tax hit on investments made by clients. Plus: Setting up private trust companies for tax savings and other benefits, and harvesting tax losses.

Some investments work best in a taxable account, while others fit well into an IRA or a 401(k).

If you find yourself torn between serving clients and growing your practice, you may need some additional staff.

Some investments work best in a taxable account, while others fit well into an IRA or a 401(k).

The languishing performance of LPL shares has drawn the attention of activist investor Richard McGuire, whose hedge fund, Marcato Capital, has taken a 6.3% stake in the IBD.

Julian Cruz, an advisor at IBC Bank in McAllen, Texas, along the Rio Grande River, goes south of the border for the majority of his business.

Nobody thought it would be pretty, but last quarter's results were even worse than expected, and low fee revenue is largely to blame. Trading and mortgage banking were particularly bad, and few of the big banks managed to offset the declines.

In a year where ETF launches are running toward an annual record, funds that employ leverage have almost quadrupled.

“My goal was to be revenue neutral in the transition but more fairly allocate fees to reflect the actual work I did with each client,” one advisor says.