Practice management

After Pershing executive Mark Tibergien discussed the challenge of attracting younger graduates to the profession, Twitter user @jdillon910 replied:

Profit sharing lies at the heart of Edward Jones' compensation plan, as the firm aims to grow its advisory staff and assets under management by more than a third by 2020.

A run down of stories in this issue, including our annual compensation round up.

Advisor compensation will grow in 2014, but to earn it advisors are being pushed to sell more than ever.

To build your business, get a hobby. Here are some ideas.

More emphasis on incentive pay, bonus pools and flexibility as firms scramble to lure and keep talent.

At the highest- performing firms, incentive pay and equity are becoming key components of advisor compensation.

Advisors can use powerful behavioral tools to help clients improve their own financial well-being.

As values change, a new view of business success is emerging. Use these criteria to make sure your own practice has an enduring future.

High-net-worth clients have more assets exposed to various claims so advisors should make certain liability insurance is far-reaching and asset titling decisions recognize creditor protection concerns.

The Treasury Department and the IRS released a final package of regulations recently to implement FATCA and amend the regulations to align them with existing tax rules.

Clients and their children are increasingly shifting their lives online, but without realizing the potential dangers to their digital assets.

After pressure from Sen. Elizabeth Warren, Fed Chair Janet Yellen said she agreed with a proposal to require the central bank's board to vote on significant enforcement actions.

The IRS has significantly increased its enforcement actions against tax criminals and its rate of convicting them, according to a new report from the IRS's Criminal Investigation unit.

Female clients would rather work with female advisors. Is that because advisors aren't doing a good enough job serving all clients?

Esther Stearns is working with financial software maker Guide Financial in its quest to "carry the NestWise torch."

Merrill Lynch Wealth Management is putting the spotlight on advisor training with its appointment of Racquel Oden as head of new advisor development.

ETFs are still gaining market share, but of course they aren't all having a stellar year so far. Here are the five best- and worst-performing ETFs so far this year based on data from Morningstar.

The Federal Deposit Insurance Corp.'s fourth-quarter report on industry health showed continued challenges to growth, but the second straight increase in net interest margins is a promising sign for the future.

Chances are remote that Congress will pass a big bank tax into law this year, but House Republicans' sudden embrace of the idea suggests it has staying power.