Wealth management

“We’re going to see more restructuring of deal terms,” says investment banker Steve Levitt.

It’s another action taken by wealth management firms to safeguard employees and clients from the coronavirus.

Clients are advised to keep some of their savings in cash and focus on their long-term prospects.

First, prove you’re listening; then make sure they know you’re taking action to protect their portfolios.

For firms that haven't recently updated their capabilities, the next few months will be a rough wake-up call.

Retirees tapping their long-term savings accounts for income in an emergency are advised to strongly consider reducing their withdrawal rates.

Advisors may find it difficult to connect with the people who need financial help the most.

You might consider an assistant, paraplanner or even another full-fledged advisor. I won’t debate the importance of these roles, but I would like to offer an alternative for your consideration.

Lenders have been ringing up investment firms and hedge funds to garner interest in financing to companies in industries upended by the coronavirus.

The outage hit the group’s Morcom electronic trading platform, which employees use to place orders on behalf of wealthy clients.

Many advisors are doing heavy lifting right now — or expect they will be — in the midst of growing coronavirus fears.

The largest enterprise under LPL’s biggest OSJ is getting even bigger, after adding its sixth advisor of the past 12 months.

Convenience accounts, power of attorney, trusts: The benefits and drawbacks are legion. Here's a guide.

The market meltdown has slammed billionaires from every part of the globe and every industry.

There are more than a hundred cases of COVID-19 in Westchester County, New York, and financial planners are handling more than market volatility.

The firm has touted its capabilities, lighter bureaucracy and corporate environment to new hires — factors that have helped lure in top talent.

Financial advisor Alex Chalekian started out his career with a mentor “who was not the nicest person.” Ever since, he has wanted to serve as a resource to fellow planners, he explains in an episode of Financial Planning’s Invest Podcast.

In a cut throat market, the RIA can now offer cash for M&A deals.

The high-profile industry personality is leaving Pinnacle Advisory Group after 17 years.

A time to buy or a warning to avoid timing markets?