Practice management

The move is part of the bank's effort to close the racial wealth gap in the United States.

Despite the strict guidelines, it’s not clear that the new regulation made any impact at all on an increasingly common feedback and evaluation method.

Giant wealth managers and megabanks have a long way to go if they’re truly going to set a new course for the industry’s relationship to a historically excluded group.

Social media missteps can erode the authentic “who” and “why” of your firm over time, writes Tara Meehan.

Time for a change? Upgrading your image should be more than a skin-deep affair.

Researchers link personality traits to financial outcomes and behaviors, offering insight into how clients think about money.

With top employees at a premium, winning the talent war means making earned media coverage a steady part of your company’s culture and employee engagement strategy.

Expecting everything to work seamlessly from day one can lead to a rude shock.

FP’s annual list recognizes the accomplishments of an elite cohort of young wirehouse and regional advisors.

Firms should be aware that cyberattacks are getting more complex and regulators are cracking down.

Here’s what one advisory firm found were the most common financial planning questions among a historically underserved group.

Behavioral finance techniques were more successful this year in convincing investors to make more logical decisions about money, new research shows.

Not only is it a new asset class, but it’s built upon modern technology that differs from its traditional counterparts.

A firm with no website and a generic name has served internet pioneers Pierre Omidyar and Jerry Yang for decades.

While COVID damaged the economy, it also created a widening pool of super wealthy investors.

Whether it’s picking a securities attorney or finding a partner that can provide the service and support you need to transition, due diligence is key.

Results published Monday show that 46% of White people are working with professionals to plan their finances, while 38% of African Americans, 36% of Asian respondents and 44% of Hispanic people are doing the same.

The XY Planning Network of fee-only advisors and investment advisor Michael Kitces say consumers are being deceived when brokers use labels like “wealth manager” and “financial advisor.”

New products constructed on more stringent ESG criteria than the so-called greenwashers often can’t be accessed through large wealth managers.

The slow pace of IT innovation leaves little room for advisors to Apple-ize client-facing functions — and they’re losing business because of it.