Financial planning

Advisor Zaneilia Harris has come to a bleak conclusion.

Nicole Pullen Ross also heads an initiative to handle wealth management for athletes and entertainers.

Among our findings, advisors are (finally) embracing chatbots and robo advisors.

Under Lauren Schadle’s tenure, the association rolled out its OneFPA initiative while also dealing with declining membership.

The firm plans to reshape how it lends to billionaire clients, especially loans that are backed by hard-to-sell assets.

Once derided as fringe and unsustainable, advisors are finally accepting the business model.

With many clients already home from work because of the pandemic, advisors are being asked why not now? For most, even the wealthy, the answer is clear.

The wealthiest clients require teams of professionals leveraging the highest touch service with a global reach, Markus Lammer, COO of Credit Suisse’s UHNW business in the U.S., explains in an episode of Financial Planning’s Invest Podcast.

Despite recent upheaval, some clients will still be shocked their portfolios have shown declines.

With return targets growing ever more elusive, many investors are willing to take their chances with private debt and equity.

For clients fortunate enough to not need them, minimum distributions are not required this year in most — if not all — cases.

Two testing windows remain for this year, but the board cautions they will take place “only if they can be conducted without compromising the health of exam candidates.”

Equities have rallied more than 20% from March lows, but remain well below 2020 highs.

The percentage of workers who say they are ready to retire has dropped by more than 5% in last month, a survey found.

Find more information and the nomination form for Financial Planning's recognition of people, leaders and firms that have demonstrated innovation in response to the coronavirus pandemic.

The global pandemic has flipped the market upside down, turning the industry’s most-valued customers into risky bets.

Deposits increased by almost $30 billion in March alone, with clients shifting out of equities and into cash.

The firm sees "light at the end of the tunnel," says Silvia Ardagna, managing director in the investment strategy group within the firm's private wealth management unit.