Practice management

Executives at the megabank's annual Investor Day say artificial intelligence is already saving time by preventing advisors from "hunting and pecking" for market research.

Changes in residency, qualified personal residence trusts and other methods cited by experts carry big savings — with some caveats.

With RIAs increasingly identifying succession planning as a business imperative, here's how financial advisors and firms are investing in the future.

A professional brings objectivity to dicey conversations between relatives as well as experience navigating the substantial work involved with transferring assets, experts say.

More advisor contact can boost client trust and satisfaction. That's key in a landscape where 75% of clients considered switching, or switched, advisors in 2023, a YCharts survey shows.

Brokerages and industry lawyers say the conduct standard's key provision is its requirement that advisors consider alternatives to risky and expensive investments.

Proposals to crack down on private placement insurance contracts aren't close to becoming law. Here's how advisors and their clients can use them for the time being.

The ban comes amid heightened regulatory scrutiny of firms' messages on services like WhatsApp and posts on social media sites.

Women see and understand the research underscoring the benefits of diversity in leadership and want to align their investment dollars with this approach.

Wealth managers often plan as if their clients will live to age 95 — but few Americans do. New research suggests a different approach.