Practice management

Digital media is key for financial advisors to connect with their current clients and attract new ones.

From trying to time the market to assuming financial advice is unaffordable, investor errors are wide-ranging.

The wacky performers can teach us how to grow our businesses, writes Chip Munn.

For advisors, this structure can deepen relationships and help bring interaction with new populations and prospects, writes Marianne Caswell.

The four largest U.S. banks face investor pressure to deliver the returns of smaller rivals, but they complain that the federal deposit cap and capital rules make that difficult. So they're pouring money into wealth management, payments and digital banking to seize more market share in existing businesses and fend off nonbank challengers.

The trio of advisors leaving Commonwealth for the regional firm are its largest “reverse breakaways” ever.

The efforts to bolster risk controls and simplify global operations will ultimately lead to better shareholder returns, Jane Fraser said, while urging investors to show patience.

Make female executives and heiresses feel dumb about personal finance and they’ll take their portfolios elsewhere.

Concurrent is catering to breakaway teams assessing their options after back-office frustrations during the coronavirus, co-founder Mike Hlavek says.

2020 was a challenging year for banks. The impact of COVID on the economy as well as changes to accounting for loan loss provisions were evident in weaker financial and stock price performance in 2020 for many banks and yet CEO compensation increased. Learn from experienced executive compensation consultants about the challenges Compensation Committees faced in 2020, why pay levels increased relative to 2019, what were common COVID-related compensation changes, and what changes were made for 2021 incentive plan design.

With class actions up for appeal and a daunting process facing some ex-servicemembers, the Biden administration faces tests of its commitment to equality.

Almost 80% of advisors in a survey said their technology wasn’t meeting their needs — and more than half of that group said they are considering switching firms because of it.

There’s a common cultural myth that says people don’t talk about money. I disagree; I think we talk about money all the time. Just not enough about what I describe as “the missing pieces of the money conversation.”

When you stop worrying about what you can get from others and focus more on what you can give back, it turns out that there’s a lot to gain, writes Tim Gerend.

The firm serves UHNW clients, and the advisors embarked on a search in order to enable clients to have more access to private investments.

Records obtained by Financial Planning detail dozens of worker safety complaints related to COVID. But the problem could be as much about employee relations as it is about the pandemic.

The custodian has 15 firms scheduled to transition before the end of this year. It hopes to migrate each of them over in less than six weeks.

Wealth managers now need to not only meet digital expectations but also surpass them, writes Will Bailey.

The program has historically been high-stakes and cold-calling friendly. Novice advisors can expect something different now.

Launching was the easy part. Our success depended on surmounting three challenges, writes Allan Boomer.