Practice management

Advisors expect revenue growth this year, according to an SEI poll, and 53% expect increases of more than 15%. However, only 15% said they have a growth plan that they follow and monitor.

Advising clients financially can be emotional business. A female-friendly advisor knows how to validate clients’ feelings while assisting them in making sound financial decisions. This is not an easy task, however, and a simple technique called the Wise Mind can help.

The financial advisory industry could reach $850 billion in investable assets annually for the next decade, according to Pershing, but to be part of that growth, advisors need to follow four critical guidelines.

FINRA has fined and censured a company owned by Cetera Financial Group, one of the country’s largest networks of independent broker-dealers, $40,000 for late and improper filings in more than half of its sales branch offices, among other filing problems.

The new program streamlines reporting for clients and provides them with more concrete action plans to help them achieve their financial goals.

Increased automation will provide advisors with more time to spend on client relationships, planning, and prospecting.

More than half of Gen X and Gen Y consumers in the U.S. admit having little or no knowledge about investments and financial products, according to a LIMRA study.

Client events are essential for maintaining a strong book of business. Financial planners offered several pieces of specific advice for advisors interested in holding great events.

Fewer investors across all age groups are using traditional advisors as their primary advice provider, with the decline most pronounced among investors under 50.

In January Financial Planning featured tips from industry experts on how to improve your practice. Now, advisors sound off with their own tips for colleagues and competitors.

How can you build a better advisory practice? Check out some tips from the experts.

Target-date funds have an “implicit guarantee” to deliver a particular return by a particular time. Are the funds being marketed responsibly?

The White House issued an executive order on Tuesday that aims to strengthen protection of the nation's critical infrastructure against cyberattack.

As mobile applications proliferate, do financial advisors really use them?

In a survey of 21 different positions in financial advisory firms, a new survey from the Financial Planning Association indicates that most planners got a pay increase from the time that the was survey was conducted three years ago.

Two thirds of high-net-worth households with $5 million or more in investable assets believe that the country is worse off now than it was in 2007.

Even as Americans struggle to save, with more than four in 10 living from paycheck-to-paycheck and eight percent who say they don’t earn enough each month to pay for essentials, most are confident in their ability to manage their personal finances, according to a recent survey by Allstate.

The Seventh Circuit Court of Appeals has affirmed the dismissal of a class action that sought damages by class members as a result of the 2008 UBS tax evasion scandal.

Married Baby Boomers are much more likely to have retirement savings and a retirement goal than their single friends.

Dynasty Financial Partners announced Monday it hired Michael Moriarty as director of investment platforms.