Practice management

“We do not yet know when we’ll return to a more traditional operating model,” a spokeswoman said.

Because of potential tax and compliance implications, they must tell the company if they are working from a location other than their home address.

The No. 1 IBD revealed new details of its W-2 affiliation after it followed rivals into the employee channel with an acquisition it made last year.

The number of advisors registering with FINRA has fallen since 2016, as more planners elect a fee-only model.

New opportunities and wise practices can maximize the value of your clients’ — or your own — company.

As anxious as they may be to take advantage of the opportunity, there are pitfalls and hidden costs, advisors warn.

Tax-rate arbitrage is one approach, but it’s far from the only one, according to contributor Michael Kitces.

A combination of GLD’s higher fees and an almost relentless demand for the yellow metal have catapulted it from fourth on the revenue leader board in 2017.

The independent broker-dealers big enough to serve the most financial advisors enjoy advantages but face distinct challenges.

Amid coronavirus-imposed lockdowns, the firm will retool and retrain approximately 3,000 young advisors.

“Astute RIA leaders recognize that now is an opportunity for growth,” says one advisor.

If planners can navigate data security and compliance concerns, the app can connect them with a huge new audience.

The majority of advisors don’t understand how much of a positive difference they can make for their clients, says advisor Deborah Fox.

Procyon Partners, which caters to UHNW clients and retirement plans, had a rocky separation from the same former firm.

Perceptions on relationships, health, and lifestyle have also changed.

The latest roundup of 32 IBD affiliation moves, M&A deals and expert studies reveals the mixed impact of the coronavirus.

“It’s going to flip everything on its head,” says one XY Planning Network advisor.

Venturing into the new social media platform, planners are encountering a deluge of misinformation, day trading and get-rich-quick schemes.

Unexpected tailwinds from the global pandemic have made recruitment more efficient and have highlighted advisor-client bonds.

The Tax Cuts and Jobs Act created opportunity zones as an economic development tool to stimulate investments in distressed communities.