Financial planning

"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.

Clients have been jolted into engaging with their total wealth, not just their money, says UBS’s Ultra High Net Worth and Private Wealth Management Americas head John Mathews.

The advisors know RBC’s Pittsburgh complex director from earlier in their careers, when all three men worked at Smith Barney.

The wealth management firm says the pandemic has proven how invaluable the benefit is for retaining talent.

“Platforms like this you would typically see at the larger broker-dealers and maybe the wirehouses,” says Gary Gallagher, the firm’s head of investment and managed solutions.

The benefit is becoming more popular now that it can be offered and managed digitally.

Advisors need a complete picture of the unique defined benefits and compensation a veteran receives.

Clients should save political beliefs for the polling place and letters to elected representatives; don’t let them cloud your investment decisions, writes financial planner Kimberly Foss.

What different outcomes could mean for financial planners and their clients.

Wealthy clients are the fastest growing segment of the company’s retail division.

The firm currently provides benefits to 10,000 employers and their 2 million employees.