Wealth management

Legacy expert attorneys Danielle and Andy Mayoras say planners with clients whose families are involved in this type of legal struggle over an elderly parent should keep in mind that there are two sides (at least) to every story, and allegations of a parent’s care or finances being compromised are not always easy to prove.

Want to see your revenue leap within 30 days? Focus on the clients who produce most of your revenue. In our upcoming issue of BIC, you can read consultant Todd Colbeck’s advice on how to segment your book of business to do just that. Meanwhile, here is a high-level overview.

A typical fee-based advisor undercharges clients by about $20,000 each year, according to a presentation on the PriceMetrix site.

For bank reps looking to advance their careers, there’s no better news than a promotion or a job offer that’s too good to refuse. Here’s a sampling of bank reps who were either promoted or moved to new organizations to assume roles of greater responsibility in recent weeks.

The advantages of having both an RIA and broker-dealer relationship include ownership of the business while having the support of a full service broker-dealer.

Running a planning practice takes you into a lot of chicken-and-egg situations, such as needing to have scale before you can get the tools you need to grow. Bob Veres has answers for RIAs starting out or struggling to grow their firms.

Here's an interactive slide show about how to deal with the numerous it-takes-money-to-make-money types of paradoxes you run into when trying to start up your own RIA firm.

The founder of Veritable, the country’s third-largest RIA, says his firm’s new partnership with wealth management giant Affiliated Managers Group is part of a broader effort to build a business that can last for generations.

Commerce Bank promoted a portfolio manager in Kansas City to vice president and market executive for its trust operation’s central Missouri region.

Affiliated Managers Group acquires the nation’s third-largest RIA and CEO Sean Healey says the Boston-based firm will be looking to make more deals down the road to bulk up its wealth management business.

The uncertainty is ‘unbelievably disruptive’ for advisors at a time when clients are beginning to have more confidence in the markets and investing. Likely candidates to buy could include Cetera and Lincoln Financial, observers say.

Here's how advisors, brokers and firms can measure their return on investment in social media.

Here is a succinct list of ingredients for advisors and brokers who want to get seriously involved in social media.

If you’re getting serious about social media, here’s the regulatory landscape, as of March 2012.

Kitces is co-author of The Annuity Advisor, and is a contributor to Financial Planning magazine, as well as a string of major consumer publications.

Legacy expert attorneys Andy and Danielle Mayoras – along with everyone else – have now had a chance to take a look at Whitney Houston’s will. That the deceased music superstar opted for a will rather a living trust points to some shortcomings in her overall estate planning strategy.

Here's an interactive slide show detailing some favorite (mainly fixed-income) techniques seven planners are using to boost returns in client portfolios:

If an industry-wide fiduciary standard is adopted, what might the practicalities of meeting that standard be? Citi’s financial services unit has some possible technology-based answers to this question.

Chicago-based brokerage and investment advisory firm David A. Noyes has hired an executive away from Fifth Third Bank to join the ranks of its wealth advisors as a vice president.

Given uncertainty around soon-to-expire tax cuts, what can advisors do now? Here's an interactive slide show in which five planners discuss some top tax strategies.