Financial planning

Investors with an advisor were more than twice as likely to say that they are very confident that they have the best investment strategy, a survey found.

"When you ask someone what their goals are for retirement in 10, 20 or 30 years, the truth is most people don’t even know what’s possible in the first place," Michael Kitces says.

Clients have gotten used to less in-person interaction and have reshaped their expectations and behavior accordingly, says Broadridge's Fred Duden.

Whitnell & Co. changed hands in a deal with a regional bank that also struck a strategic partnership with the wealth manager.

“The expectation of sustained volatility in the medium term has re-invigorated hedge fund appeal,” BlackRock and Juniper Place said in their report.

The private equity-backed RIA agreed to purchase its first firm of the year after being one of the most active acquirers in 2020.

For all the central bank’s plaudits, it’s powerless to stop the wealth gap in America from growing wider.

Some advisors say they’re busier than ever in the last weeks of 2020.

The potential for higher rates in 2021 is real, but exactly what the rate would be, and who would pay those rates, is far from certain.

The firm has sought to broaden the range of clients it targets with its wealth-advisory services.