Financial planning

When a son or daughter joins a parent’s advisory practice, the transition can be tough, but it doesn’t have to be.

Most people focus on the conventional wisdom that they'll need 70% of pre-retirement income instead of the things they'll need to give up; plus, required minimum distributions and real estate are a tricky combination.

"We decided we wanted to take part in the consolidation of the industry," says Mercer CEO David Barton.

A second bankruptcy filing puts Cetera in ‘home stretch’ to becoming standalone B-D, CEO says.

Dollar-cost averaging is not a good strategy for retirement investors to manage risk in their portfolio; plus, a widow's Social Security options.

This filing follows January’s prearranged bankruptcy, and is part of the plan to fully restructure Cetera by May.

As of May 2, CFPs will lose the right to sue the board.

Clients have the option to invest in an IRA certificate of deposit to save for retirement; plus, the benefits of an HSA over a 401(k).

Tidjane Thiam received less pay than his target after the chief executive officer volunteered for a 40% bonus cut as a gesture to beleaguered traders.

The former wirehouse advisor is the newest hire at Snowden Lane Partners, an independent firm.

You can’t know how a ground-floor investment will pan out, but you can help clients understand the risks and maximize their chances of success.

Unscrupulous advisors are finding safe havens, and fear no regulatory body.

Raymond James is seeking to undo a fired advisor's arbitration win against the firm, arguing that a FINRA arbitration panel exceeded its powers.

Clients who want to buy property abroad using assets in their 401(k) or IRA should take steps to make sure funds will be available when they need it; plus, why probability software is unreliable for retirement planning.

Global shares are rebounding from the worst January plunge in seven years as oil prices recovered and the Federal Reserve slowed the path of interest-rate increases.

Independent robo providers still have a chance to survive and reach sustainability, thanks to an expected flood of smaller accounts being shed as a result of the rule.

Voices: The assumptions that robos can disrupt human advice or are even innovative technology should be questioned, argues Riskalyze CEO Aaron Klein.

These clients ‘don’t want standard vanilla portfolios,’ so offer funds they can’t just get anywhere. Here’s how.

SEC Chairwoman tells lawmakers that a uniform fiduciary proposal is advancing and appeals for a funding increase that would be used to beef up advisor exams.

The new recruits made the move to HighTower from Morgan Stanley and SunTrust.