About 40% of clients will be Gen X-ers and millennials in five years — and the industry is facing a succession problem. Kate Healy, managing director of GenNext at TD Ameritrade Institutional, discusses how RIAs can prepare for the future.

Aside from being some of the strongest overall industry performers, many have helped their peers thrive in a business in which they are a clear minority.

If retirees intend to rely heavily on Social Security for income, they should consider adjusting the timing of their bills to the date that they will receive their benefits.

Success in financial planning comes down to just three things, says our contributor in his final column. Goal setting is just one.

When the CFP Board surveyed members on the stark lack of diversity in the profession, opinions on the root causes of the problem were split along racial lines.

The firm says former employee John Lockette agreed to have disputes heard in a private forum when he did not take advantage of an opt-out provision.

This debt “can hurt their ability to take on long-term financial planning because they are concerned with reaching a zero point,” says one therapist.

Scheduling freedom allows for more time with the kids, say those in the industry.

Mutual fund costs have fallen to 48 basis points in 2016 from 77 basis points in 2000 for plan participants, according to data from Investment Company Institute.

The largest IBD network is integrating data analytics into its recruiting and client leads after embarking on other major changes in recent months.

Rents have increased an average of 3% annually over the 14-year time period of the study, while incomes have declined .1% annually.

Chris Fils was once one of the wirehouse's youngest branch managers.

The tax-focused planning IBD is shedding low-producing advisors while retooling its pitch to prospects.

Most say they’d still consider investing even if they discovered issues with sexual harassment.

Bundling your home internet, cable, and telephone services was a great deal once, but not anymore. RIAs have to rethink purchases of all-in-one technology packages for their practices too.

For some couples, the fact that they have been drifting apart could be masked by the attention devoted to their careers or raising a family.

Aside from filling an obvious gender gap, new evidence is emerging about the reasons why firms should promote diversity.

The 2004 industrywide accord is rocked by changes its founders did not foresee.

Many of the employees who were dismissed worked in the firm’s brokerage unit, according to the allegations.

In addition to being fired, advisors could also face suspension and fines — all from the carelessness of not carefully reading one simple question.