Practice management

The near-blunder occurred in the same month that another part of the bank accidentally credited $81 trillion to a different client.

For wealthy and ultrahigh net worth clients, the advantages often prove very attractive. But the policies carry some sophisticated planning challenges and a high cost.

The nonprofit's checklist aims to help advisors effectively use the technology in their firms and emphasizes confidentiality, privacy, integrity, legality and providing accurate information.

The president of the firm's Private Client Group also discusses why advisor headcounts don't mean much anymore and how private equity owners of wealth management firms may have trouble realizing their value propositions.

Location plays a crucial role in growth and advisory practice valuations — just not in a simple map focusing on the largest cities with the most wealthy people.

RBC's firmwide net income skyrockets despite rising costs, even as its advisor headcount holds steady.

Wells Fargo joins Bank of America, Citi and Charles Schwab in stepping away from its DEI policies.

Crafting stable long-term financial plans for self-employed workers with unstable incomes poses unique challenges for clients and their advisors.

Citi CEO Fraser announces the end of the diversity, equity and inclusion initiatives it had started a mere three years before.

The Great Wealth Transfer is on the horizon, but most advisors say they have only limited interactions with the children of clients.