Practice management

With most financial advisors mired in "analysis paralysis," adding new business can be difficult. Unfortunately, there is no magic bullet to add clients and assets, but Peter Montoya offered some essential methods to develop relationships and assets.

Commonwealth Financial Network launched "RetireReady," a customizable participant education program for independent advisors. The program will help advisors add value to retirement planning advising for sponsor clients.

Dallas-based 1st Global has launched a new offering intended to help CPA firms develop and grow wealth management services as a core part of their practices.

Healthcare is often a big retirement concern for seniors, yet less than a third that have financial planners discuss Medicare plans with their advisors, according to a recent survey commissioned by Allsup.

For large U.S. companies and their employees, health care premiums continue to rise, albeit slowly. Meanwhile, most employers are reevaluating their retiree health insurance strategies, planning more emphasis on the individual rather than the group market.

Most financial advisors don't spend enough time on the two most critical tasks to help them grow their business: rainmaking and client interaction.

Advisors and brokers working in teams made 32% more in compensation than those going it alone, according to the new Broker and Advisor Sentiment Index study from Fidelity Investments.

Michael James, a former wealth strategist in Goldman Sachs' mid-Atlantic region, has joined the Philadelphia office of Glenmede, an independent investment and wealth management firm, as director of family wealth advisory.

Before embarking on first or next dance with the regulators, Jennifer Woods Burke, President of CompliGuide provides her thoughts on the top 7 ways that firms sabotage themselves.

Fed up with changes in infrastructure, two veterans with more than two decades at Morgan Stanley move to Ameriprise.

Based on conversations with more than 20,000 professionals, a new white paper proposes five natural starting places where planners can look for members of the 80 million-person-strong Generation Y, which will account for the next generation of financial planning clients.

RBC Wealth Management has snapped up a three-member wealth management team from Merrill Lynch in Colorado.

Former Navy Seal imparts management lessons for business and everyday life.

Since it was formed last year, Citi Private Bank's North America Asian Clients Group has increased its client base by 10percent and its assets under management by over 40 percent.

The use of specific words has lessons for all FAs, according to research unveiled at the Raymond James Financial Institutions Division Management Symposium.

With more and more Baby Boomers living longer and the senior population increasing faster than younger generations, we are entering the age of longevity. It's crucial that advisors help clients plan for this new chapter, said Louise Schroeder, a financial advisor and owner of Personal Financial Solutions, Inc.

Big changes to the continuing education requirements for planners are expected next month following a meeting of the leadership of the CFP Board.

Clients with family members with a special need, be it developmental, physical, cognitive or a mental illness, make up a significant number of clients, but the majority of advisors are not serving them, said Mary Anne Ehlert, a financial advisor and founder of special needs advocacy firm, Protected Tomorrows.

Some people say social media for advisors is a waste of time. Not so for Cathy Curtis, of Curtis Financial Planning, now a division of ClearRock Capital, LLC. Curtis has social media use to thank for the merger.

Before choosing an advisor, Ed Slott believes every client should ask these 10 important questions. (And some top advisors weigh in with their best answers.)