Practice management

Wealth management firms should define success by how well their operations perform under pressure, Kestra Financial COO Kris Chester says in an episode of Financial Planning’s podcast.

The basic yet revealing query shows why it’s not just about FINRA registration as a BD and 1099 contractor status for advisors.

For the first time, the ranks of the top 25 firms according to their annual business include single entries for IBD networks.

This interactive tool provides the full collection of data from Financial Planning's 35th annual study of the largest firms in the space.

Billion-dollar teams are voting with their feet. Here’s where they are going.

Some say conversations about race have no place in the workplace. We disagree.

A new book could help advisors better grasp the difficulty with the topic of money among underserved client groups.

After logging 27 years at the firm, the advisor is starting his “next 25-year chapter” as an independent.

LPL has reeled in about half of the reps changing their BDs so far this year, but the full RIA channel is also reaping big gains. Plus, other news in the indie space.

The firm employs just short of 70,000 people in 50 countries and had 80% of its worldwide staff at home during the height of the pandemic

"The stillness of the time produced by the pandemic quarantine has put age-old issues in the spotlight,” writes Visionary Leader Awards judge Dasarte Yarnway.

The judges sought innovations that would make a lasting impact on the business of financial advice. We found them.

Granular sensitivity and remarkable speed characterized the overnight virtualization of the firm.

The rush of newbie investors into the brokerage app has sparked controversy over how big its influence is over markets.

The firm, which has nearly tripled in size in the last year, says it continues to seek out acquisition targets.

Companies that connect advisors and carriers are seeing a surge in use.

The 30-year industry vet launched a firm on the Dynasty platform citing better technology and “freedom” as reason for the move.

Thanks to the CARES Act, retirees can pass on taking required minimum distributions but should they?

The Small Business Administration and the Treasury Department unveiled a simpler loan forgiveness application for the Paycheck Protection Program to reflect changes under the PPP Forgiveness Act.

Independent advisors may enjoy freedom of choice when it comes to all things digital, but giant institutions have a leg up with integration.