Practice management

Effectively applying cost, affordability and value can make an advisory practice hum. Here’s how to unlock the magic combination.

Two planners spell out the common psychological biases that prevent clients from maximizing their benefits.

It's a planner's worst nightmare. Here's what to do when client data is compromised by a cyberattack.

A $2.2 billion Morgan Stanley team's move to independence shows how breakaways use shell companies to take advantage of the legal pact, and why more than 1,500 firms have signed on.

The firm's digital advice service, to be piloted in early 2017, is a bid to give RIAs unprecedented scale.

The new recruits are the 10th team to join HighTower this year.

Fee-only advisors seek clarification from the DoL on compliance requirements.

Key steps that can help prevent family conflicts from getting out of hand.

Six changes planners should make to their business models as investors seek lower fees and digital advice grows.

The great wealth transfer might be here, but the top 1% of the 1% are in jeopardy.

The fiduciary rule is causing many financial advisers to reconsider their fee models.

News that LPL may be looking for suitors comes at a time of financial pressure for the country's largest independent broker-dealer.

By leveraging new technology, advisers find new ways to reach their clients from across the globe, as well as here at home.

Pershing Advisor Solutions CEO Mark Tibergien says a renewed look at both internship and adviser mentoring programs is vital.

Solo practitioners can gain backup, business continuity, flexibility and expanded offerings — as long as they decide it’s worth the time and cost.

Changing the business model for younger clients starts with innovative technology and digital solutions combined with holistic, unbiased, guided advice.

These kids "are making bad choices, but they don’t realize it because everybody around them is making bad choices, too," says this fee-only adviser who specializes in advising members of the armed services.

Flawed questionnaires, conflicting interests, unclear regulatory stances — it’s a mess, but it can only get better.

Here’s what advisers need to know for a successful transition.

Putting a disaster plan into effect to protect a practice and a home in Florida.