Baby Boomers

Best ways to bring two firms — and distinct cultures — together.

Creating a viable exit strategy is critical to the future of any successful practice.

Two planners spell out the common psychological biases that prevent clients from maximizing their benefits.

Failed marriages for aging baby boomers has doubled, forcing them to work longer and impacting financial planning, sometimes in the wrong way.

They seem to be everywhere, but there is every reason to believe that clients overwhelmingly still want to deal with human beings.

By leveraging new technology, advisers find new ways to reach their clients from across the globe, as well as here at home.

Most respondents to an informal survey said they view Social Security as an income stream rather than as an asset. At least one expert disagrees.

Clients who turned 70 1/2 this summer have to act fast on their distributions to avoid paying a hefty penalty to the IRS. Plus, giving away stocks versus selling them.

The surge of women in the workforce in the 1970s and 1980s means that they have job skills, connections and careers that they can continue to pursue, says Ben Steverman.

To really come out ahead from delaying Social Security, a client has to live past 80. Otherwise, it's probably better to take a reduced benefit earlier.

Some bright spots for advisers: A surprising number of boomers have not begun saving yet for retirement; and millennials will need decades of advice.

Independent advisers need to redefine their service to factor in the intrinsic values they bring to clients, says TD Ameritrade Institutional President Tom Nally.

Why advisers say they have not been discussing Social Security rules and regulations with their clients.

Just about everyone in financial services wants to offer these retirement planning advice to wealthier boomers, but this firm rises to the top, says Tech Tools' columnist Joel Bruckenstein.

Retirees diagnosed with serious health concerns should adjust their expectations on how they should spend their time and money.

A deep dive into millennial's financial habits shows a stark generational difference from boomers when it comes to leaving the nest.

Baby boomers have not considered how they will pay the cost of enjoying their time in retirement, according to a new study from Merrill Lynch and research firm Age Wave.

As they reach retirement, clients particularly need help in this area. Get yourself situated to help them.