Practice management

Baby boomers will continue to be the nation's wealthiest generation for the next 15 years and remain the largest fee pool for banks and financial services firms, according to new report.

Family office advisor Rick Flynn rebrands his practice and teams with two other veterans.

“It’s the most important thing you can do for your business, the single greatest value driver,” said Rick Schwartz, managing director for business consulting at Schwab Advisory Services.

Securing their loyalties early on can win advisors customers for life and help them gain referrals.

Family office advisor Rick Flynn rebrands his practice and teams with two other veterans.

Your clients can realize real value from their losing investments, especially amid volatile markets, says Kimberly Foss.

A new Inspector General report faults the security of the computer connections at the Internal Revenue Service.

This year may be the best time for business-owning clients approaching retirement age to sell.

Is it time to take a closer look at private foundations?

The restriction prevents clients from selling at a loss and buying back the same asset within 30 days. But there are strategies advisors can employ to use the rule to their clients’ advantage.

Advisors who focus on getting all the assets of their crème de la crème prosper.

This is the primary opportunity to understand their objectives, motivations and expectations.

Family office advisor Rick Flynn rebrands his practice and teams with two other veterans.

Mosaic Family Wealth helps, athletes, executive and entrepreneurs live a life of significance.

Family office advisor Rick Flynn rebrands his practice and teams with two other veterans.

To harness the full potential of new digital tools advisors have to train themselves in technology and avoid viewing it as just a bolt-on to their practice, says practice management expert Ray Sclafani.

The benefits gained from technology should make the expense worth it.

Family office advisor Rick Flynn rebrands his practice and teams with two other veterans.

“Owners of advisory firms don’t realize there’s a new school approach to succession planning,” – David Grau Jr., president and CEO of Succession Resource Group.

Advisors can benefit only if they actually interact and then follow up.