Demographics

Debt among 65-year-olds has increased by 48% between 2003 and 2015, according to research by the Federal Reserve Bank of New York.

As baby boomers exit the workforce, they perpetuate a problem that has long dogged Social Security in that there aren’t enough workers to replace them.

Salary-reduction arrangements can exclude up to $520 each month from a client’s taxable income to cover these expenses.

It's not easy to talk about health and sickness with clients, but advisors must explain the options.

Want to know where the smart-money minds go when off the clock? It’s here.

It has become increasingly difficult to time the market.

The wealth management platform of the future can manage client finances without having to interact with advisors, says Wealthfront CEO Andy Rachleff.

Seniors receiving pension payments should ensure that their tax withholding is enough to cover the tax liability on the income and avoid trouble with the IRS.

The firms are seeking to tap into the growing demand for ethical investing.

Only about a third of advisors have an asset-transfer plan in place, according to research.

Members of Gen X and millennials seem to work harder to put their money where their mouths are.

Almost all young investors polled by Schwab expect the funds to be their primary investment vehicle in the future.

Banks are opting for a hybrid approach, augmenting in-person advice with digital guidance.

Michael O’Keeffe has been with the firm since 2013, having previously worked at Merrill Lynch.

“It’s incredibly important to have diversity. Period,” says Kara Murphy.

A social media firestorm over how much 30-somethings should save for retirement highlights the gap between what they need from wealth management and what they are offered.

For most of his life, this finance veteran was a DIY investor. Here’s how a millennial advisor persuaded him to change his ways.

Digital-first firms are applying artificial intelligence and machine learning in ways not seen in the financial planning software currently available to planners.

Although designed to spur productivity, the Tax Cuts and Jobs Act could have the reverse effect.