Financial planning

Until someone discovers the fountain of youth, one fact of life is unavoidable: We will all get older. And along the way, it is inevitable that many of us will need health care to help us rehabilitate, recover, or just have a good quality of life. In fact, experts say 70% of everyone who reaches 65 will need some type of long-term care during their lifetimes.

When plans for an external sale faltered, Quest Capital Management looked closer to home and found a better solution. Here's what the partners learned.

Just a day after a top SEC official hinted at discord within the commission about an expansion of fiduciary rules to include brokers, a voting member of the agency spoke out in opposition to the proposal, at least until supporters can build a stronger case.

Rule changes mean the AMT is here to stay, but that could actually be good news for some clients. Just keep them out of the 'bump zone.'

It is more important to rebalance in order to maintain a consistent asset allocation than it is to choose the right allocation in the first place.

After making recent waves with retail acquisitions, Nicholas Schorsch's RCS Capital Holdings is adding its first wholesaling broker-dealer to a growing portfolio.

It is more important to rebalance in order to maintain a consistent asset allocation than it is to choose the right allocation in the first place.

The contentious issue of harmonizing fiduciary responsibilities remains high on the agency's to-do list, though a timeframe for when a proposal might materialize is far from certain.

Here's a snapshot of the best ideas to come out of this year's conference.

What’s Really Behind the Proprietary Criteria for Indexes?

In seeking the helping hand of clients in finding new business, avoid being systematic or aggressive. Instead, make gentle, routine requests for help.

Tax costs are too high, and clients need to take advantage of losses when they are available.

UBS and Morgan Stanley shook up their executive ranks, while Morgan lost several advisors managing more than $700 million in assets to Wells Fargo, Raymond James and independent firm Steward Partners. Click through our slideshow to read about the latest moves, recruitments and promotions.

Tax costs are too high, and clients need to take advantage of losses when they are available.

Planners gathered in Salt Lake City last week for NAPFA's annual spring conference, hearing the latest thinking on behavioral finance, student debt, practice management and more. Here are a few of the smartest things that Financial Planning's staff and contributors heard at the conference.

As clients live longer, they're looking to advisors for ways to boost retirement income. Here are three strategies to consider.

Good advisors must resist the temptation to chase performance.

Contrarian investors believe it's better to buy low, but just because a fund has been down doesn't mean that a rise is inevitable.

Some clients can qualify for valuable subsidies if they follow plans to hold down household income.

The board offered individual counsel to NAPFA members in violation of board rules, an ongoing conflict without imminent resolution.