Financial planning

Financial fraud perpetrated against the elderly is on the rise, according to a new survey of CPA financial planners.

The new digital platform will cost 10 basis points for advisors who have less than $100 million in AUM under custody with Schwab, but advisors who have more under custody won't be charged a fee.

The commission ups its scrutiny of retirement-focused advisors and broker-dealers as elder fraud skyrockets, securities lawyer says.

Brian Ourand, former president of SFX Financial Advisory, stole $670,000 from clients, the SEC alleges; his former CCO and SFX agree to pay fines to the SEC.

Robert Arnott, CEO of Research Affiliates, says the financial services industry has to change its mindset toward innovation in order to remain competitive.

Harvesting data can ensure that accounts you manage are meeting their objectives and can offer marketing opportunities.

Don't despair, industry leaders say. Even wealthy and digitally minded millennials will still want personalized advice.

Two former National Planning Corporation brokers "are just normal dudes and they just screwed up," says a lawyer for one of the men.

Advisors have been curious about this relatively new fund category. Here are the ones attracting the most assets.

In order to ensure maximized value of their retirement benefits, clients must be aware of Social Security rules; Plus, why automated retirement contributions are helpful for clients who intend to develop a spending budget

The head of a global standards-setting body argues that regulators overreacted to the financial crisis and says banking-style regulation is a poor fit for the asset management industry.

Robo startups are expected to reach $452 billion in AUM in five years, but incumbent firms will possess over $1 trillion in assets in the digital automated advice space.

Female clients have a more positive outlook when it comes to approaching retirement over their male counterparts, according to a new study.

Robo advisors are gaining traction, especially among millennial investors, who are very sensitive to competitive pricing. Extensive automation will be needed to defend against them.

The world's biggest investment managers have won a reprieve from plans to label them as systemically important, staving off tougher regulation, as global authorities reassess the move.

Grading clients on actions they have taken over the years can be valuable in helping advisors know where to expend their energy.

The wealth of rich clients is growing — and so are their expectations. New data highlights the most important trends among HNW clients today.

A yearly withdrawal of 4% of savings, adjusted by inflation every year, may sometimes outperform annuities; Plus, five critical mistakes people make with Social Security.

Pershing CIO Ram Nagappan offers a framework to help advisors think about how to transform their businesses to digital.

Wealth management is still a work in progress and must be sculpted to meet the demands of wealthy individuals, says Sebastian Dovey of Scorpio Partnership.