Financial planning

Secretary of Labor Thomas Perez said staff members have industry experience, in response to recent criticism, and emphasized that the department has been actively engaging and listening to critics as well as supporters of its proposed fiduciary rule.

Spending more time showing clients how to best enjoy their money could be more consequential than building their savings, advisors at NAPFA Conference are told.

Separating the roles of the two professionals can be counterproductive for clients.

Contribution limits to 401(k) retirement plans for next year remain unchanged based on inflation adjustments made by the Treasury Department; Plus, four easy retirement plans for the self-employed.

Capital gains of up to $250,000 for individuals or $500,000 for couples will be exempted from tax, provided it was the seller's primary home for two of the previous five years.

Advisor networks can provide community, targeted advice and much-needed support for planners with niche specialties, Dave Grant says.

Separating the roles of the two professionals can be counterproductive for clients.

Chief Executive Paul Reilly acknowledged that the firm has been exploring potential acquisitions, but declined to discuss specific targets with analysts during an earnings call.

Advisors shouldn’t force themselves to work with the next generation of clients and talent -- but they must be committed if they do, says XY Planning Network co-founder Alan Moore.

The Treasury Department and the Internal Revenue Service proposed tax regulations Wednesday to bring the rules in line with recent Supreme Court decisions.

The firm's wealth management unit reported that growth in client assets was flat year-over-year, and declined $20 billion from the previous quarter to fall to $433 billion.

After several false starts this year, the Senate is gearing up for a vote on a major cybersecurity bill backed by the banking industry.

IRS: There is a special rule for those who rent their residence for 14 days or less.

Keep your reputation intact, and your clients on track, by telling them to expect modest stock returns in the future.

IRS: There is a special rule for those who rent their residence for 14 days or less.

Seniors who consider filing for Social Security benefits before the end of the year to avoid a hefty increase in Medicare Part B premium next year are advised to drop their plan; Plus, eight ways to build more retirement wealth.

Serving public shareholders conflicts with LPL's ability to serve advisors and clients, says David Pickler, who has moved to Commonwealth Financial.

Only 42% of advisors have discussed long-term care with more than half of their clients. The reason for their reluctance may be due to clients' focus on saving money for retirement.

A multi-year plan coincided with third-quarter results that missed analyst estimates, partly because of a bigger-than- expected drop in managing clients' money, the business the company wants to expand.

The deal would allow Credit Suisse's U.S. advisors and clients to move to Wells Fargo Advisors by early 2016, according to a joint statement Tuesday from the firms.