Practice management

The partners who own a firm need to create a compensation structure that accounts for their own changing roles over time.

Unbundling fees might clarify the deductibility of your work, but may be tricky for some firms.

Retirees are breaking tradition and leaving their assets to grandchildren instead of their own; Plus tips to avoid taking out a 401(k) loan.

A FINRA arbitration panel ruled in Merrill's favor and against the former wirehouse advisor, although one arbitrator dissented in awarding the firm about $200,000 in attorney's fees.

The three were expelled for stealing from their employer in different ways, including kiting checks and claiming to make ATM withdrawals they never really made.

The traditional way of charging clients is rapidly falling by the wayside as advisors seek better options. Don’t get left behind.

Plan sponsors are automatically enrolling newly hired employees, as well as those employees who are eligible but not participating in a retirement plans; Plus, the dos and don'ts for the final years of a client's career.

Advisors must determine what kind of help they need at the outset.

Divorce is increasing among people aged 50 and up, which affects lifestyle and financial independence; Plus, 401(k) mistakes to avoid.

The team generated nearly $4 million in annual revenues while at Morgan Stanley and joined Raymond James' employee channel.

The lobby group's proposal calls for more disclosure, but does not mandate all material facts be revealed, or that the client truly grasp the pertinent issues, writes Ron Rhoades.

The newly formed team joins the Wells Fargo Advisor Financial Network with over 65 years of combined experience.

Education loans accounted for 30% of installment debt for pre-retirees in the 55 to 64 age bracket, according to a LIMRA survey; Plus, 5 signs your clients rely too much on Social Security.

“Small investors will be forced to leave the brokerage firms,” Ron Kruszewski says, adding that the plan will “increase costs and reduce choices for the smallest investors."

Children still like paper statements, but Mom and Dad's reliance on plastic has meant less loose change ending up in the piggy bank. Mobile banking is hot, but peer-to-peer payments are off to a bit of a slow start.

Even if you still want to enjoy stepping back, consider what your practice needs to keep performing at an optimal level.

Advisors choosing independence do well as a pack.

Clients need to embrace new ways of learning in retirement because the deeply ingrained ways from earlier in life are less effective in later years; Plus, 4 ways clients are sabotaging their retirement in their 30s.

Gregory Fleming, president of Morgan Stanley Wealth Management, says advice and advisor training will always have a role in the advice sector, which also must address its diversity problem.

With a combination of the proper technology and the best practices for sharing relevant content, advisors can easily build their business network.