Practice management

The first piece of advice for elderly clients is one of the most basic--reduce spending; Plus, when should retiring parents have 'the talk' with their children?

Female planners can gain an edge in their practice by creating an environment more inviting to clients.

Keeping trusts a secret from the people who will one day benefit from them is a way to preserve and manage wealth.

Executives say intuition, networking skills sets female advisors apart from their male counterparts.

To help decide if robo technology is right for you, understand the various capabilities that it can provide and the experience your clients will receive.

This strategy allows clients to buy more shares over time, but it also can reinforce jitters if they're nervous about market declines; Plus, how clients can avoid Medicare Part-B increases next year.

The bank channel, long regarded as a minor league to the glitzier and higher-paying wirehouses and RIAs, is on the verge of taking a major-league step ahead.

Here’s how RIAs can plan, cultivate and grow the next generation of talent.

Planners who work in teams attract more affluent clients, mange more money and produce more revenue, report shows.

Avoid viewing millennials as a monolithic group. Consider parsing them into subgroups such as affluent, homebuyers, entrepreneurs and savers. The smarter move may be removing the age bracket blinders entirely.

Destitution can strike anyone—rich, poor and in between—even if they have the basics of an estate plan in place.

Planner Brittney Castro takes an unorthodox route to prospecting young clients and if you don't like it, she's like, you know, cool with that.

Team advisors attract more affluent clients and generate more revenue than solo practitioners, according to PriceMetrix.

Low-cost competition will force fee-based advisors to restructure how they are compensated, said Brian Leitner, senior vice president of practice management at Mariner Wealth Advisors.

Louis Papa maintains round-the-clock, uninterrupted communication with all of his clients, which is possible because he only serves around 60.

“Being a financial advisor looked interesting, and I realized I could help people,” says Brain McGinnis, a former Florida deputy sheriff turned financial planner with the help of a super OSJ firm.

Advisors have invested a significant amount of sweat equity in their books. Why not tap that resource to fund their own retirement?

Currency-hedged ETFs give advisors lacking experience in this area an option.

“There is a large gulf between some of the overly simplistic applications on the market today and those that are much more comprehensive; RightCapital could occupy the middle ground,” columnist Joel Bruckenstein says.

There are big payoffs for advisors who plan carefully.