Practice management

With clients expecting more from their estate planning, financial advisors are becoming the go-to source for a plurality of investors, a new survey shows.

Nick Francia of UBS, Matthew Gallo of Merrill and Ryan Bass of Raymond James all once felt their youth to be a perceived liability. Now, in an industry with an imminent retirement wave, they see it as an asset.

Over a third of all advisors plan to retire in the next few years, leaving an industry gap tens of thousands short of anticipated demand. How can firms keep up?

The industry often struggles to help prospective professionals find their place, a challenge experts say is a crucial competitive priority for the future.

Nearly two-thirds of advisors surveyed this month said that internal training programs or workshops were offered by their firms.

Even though advisors doubt it will pass, California's proposed billionaire tax is already reigniting residency and wealth planning conversations.

Financial advisor Drew Boyer turned an accidental acceptance from a fire chief into a successful niche serving firefighters and police officers.

Private equity-backed M&A activity has steadily risen. Owners may do great in a sale, but what about advisors lower in the organization?

A new McKinsey report on the future of wealth management identifies a disturbing trend: Younger investors are losing trust in advisors.

As AI agents move from theory to reality, some advisors are implementing these tools into their technology stacks, but not without human oversight.

Raymond James tapped industry veteran Mark Buchanan to lead a new ESOP advisory group focused on tax-advantaged succession strategies.

Internal succession planning is messier but aligns with a true fiduciary firm's core values, argues Neela Hummel of Abacus Wealth.

The language that financial advisors use in their first interactions with prospective customers could make or break the relationship, according to an expert.

Relationship management systems are the traditional hub of financial advisors' technology stacks, but new AI tools may supplant them. Here's how advisors on the ground see it.

As more financial advisors near retirement without clear succession plans, some RIAs are turning to ESOPs and Section 1042 rollovers to exit on their own terms.

Red flags may abound, but so do arguments for an extended equities streak. Keeping clients on an even keel is crucial.

Social media platforms can change quickly (case in point: X). In response, advisors who may instead choose to rely on their own communication channels.

The new business intelligence service uses several key performance indicators to help advisors decide how to best manage their talent and resources.

As valuations continue to rise across the industry, more firms are using compensation to invest in their top talent and future growth, Succession Resource Group says.

Agentic AI will continue to automate financial planner workflows — and that's a good thing.