Professional development

David Li of J.P. Morgan Wealth Management began learning the profession out of necessity at a young age.

Schwab’s new compensation study has some surprises, including where independent advisory firms are hunting for talent and what awarding stock options does for a firm.

Growth among Black and Hispanic CFPs saw double-digit percentage gains in 2021. But overall representation remains stagnant year-over-year.

The discipline and drive SaVion Harris learned on the playing field is serving him and his financial planning clients well, he writes.

After pandemic disruptions, the percentage of candidates passing the difficult exam is back to normal levels, the CFA Institute said.

The organization overseeing the most prominent planning certification answers critics who say it’s falling short of its mission.

Seeking to drive industry change through speaker lineups, Sonya Dreizler and Liv Gagnon launched a company called Choir.

Office workers who don’t comply by Jan. 14 will be placed on unpaid leave and fired at the end of the month.

Upon assuming the role at the start of 2022, Elliott became the first Black person to ever lead the organization. But the veteran advisor says she’s just getting started.

A College for Financial Planning analysis suggests encouraging aspiring planners to pursue financial designations other than the CFP could lead to more women and people of color entering the industry.

Over the past 12 months, the financial services industry has tried to confront its diversity issues while at the same time delivering stark reminders of how much work still needs to be done.

When a spouse needs long-term institutionalization, it may preserve assets for the healthy partner and for heirs — but there are downsides.

Planners can play a direct role by standing up for colleagues and clients who are women or minorities.

Four longtime financial planners believe the industry is ready for change. They talked about how to achieve it on the opening day of the CFP Board Center for Financial Planning Diversity Summit and Career Fair.

In sessions at the CFP Board’s annual Diversity Summit, executives, academics and a member of Congress called on more firms to follow Merrill Lynch’s example.

Expecting everything to work seamlessly from day one can lead to a rude shock.

FP’s annual list recognizes the accomplishments of an elite cohort of young wirehouse and regional advisors.

Instead of trying to tax diversify between traditional and Roth retirement accounts, taxpayers can consider trying to ‘Roth optimize’ exactly when to add dollars to tax-free Roth accounts.

The distinction between the two concepts lies in advocacy and leadership, said executives from Morgan Stanley, J.P. Morgan, Citi and Stifel.

Morgan Stanley, Raymond James, Charles Schwab and Truist aim to fuel long-term shifts in advisor recruitment and retention through a series of new programs.