Wealth management

Research tells us that 90% of heirs will reject their parents’ advisors, and 70% of widows will change advisors after their husband’s death. Can you afford that level of loss?

Your website should tell prospective customers a number of things: services and philosophy, investment methodology, financial planning expertise ... and technological savvy.

Going into November with elections right around the corner, millionaire households listed what was worrying them most in planning for their financial futures.

Among the big deals this week: First Allied buys Legend from Waddell & Reed to form a firm with $28 billion under management.

Morgan Stanley Wealth Management vice chairman Paul Hatch has said publicly that these reps-as-portfolio-manager programs are "a permanent change."

In a continued push to reform regulation for advisors, five independent financial firms have joined the Financial Services Institute.

Forget about fake scares: Advisor spends Halloween holed up at "secret" church to recharge laptop and reach out to clients.

As America grows older, advisors shift practices from accumulating wealth to generating income.

The president and CEO of Investor Protection Trust discusses issues facing seniors and the special problems for which advisors should watch, including protecting them against fraud.

10 tips to prevent the missteps that cannot always be repaired after the client's death.

Anthony DeChellis, Credit Suisse's CEO of Private Banking Americas, has big plans for hiring and expanding assets.

As the case against Brooke Astor's son illustrated, even clients with reputable advisors can be vulnerable to predators.

A catalog of some of the nation's top planning schools is a resource for both planners-to-be and today's advisors

From the start, three has been the magic number at Philadelphia-based Firstrust Financial Resources.

High net worth individuals are relying more on advisors and structured products to reach philanthropic goals, according to Bank of America commissioned study.

Drawing from the lessons of Robert Cialdini’s book, Influence: The Psychology of Persuasion, Todd Colbeck adds his own tips on how bank advisors can apply those lessons to form strong relationships with trust officers.

A 4-step back-up plan was key after being forced from her office and her home.

Amid the driving wind and rain, advisors battled back with generators, data backups ... and chainsaws.

The heirs of the two co-creators of the legendary comic book hero have been battling the powerful media conglomerates, Warner Bros. and DC Comics, for many years in a series of (seemingly) never-ending lawsuits. While most of your clients will never have to worry about something as valuable as Superman copyrights, it is very common for disputes to arise regarding an estate, trust or assets of someone who passed away. 

Financial advisors on the East Coast have solid reasons to be worried about Hurricane Sandy – and even those far from the wreckage should be concerned, too. Advisors’ and clients’ safety rank first, but advisors also have to be concerned about their offices and property, as well as those of their clients’ and their clients’ relatives. As vital as proper insurance coverage is, it often will not cover all losses, nor losses from the disruption of business. How prepared are you and your firm to deal with a major disaster, like Sandy? Far too many advisors have no disaster recovery plan to rely on for times like this. Here are 5 questions to consider regarding you, your firm and your clients after the worst of the hurricane strikes.