Wealth management

The financial turbulence of the last several years has left many professional athletes subject to losses from real estate, unprofitable business ventures and fraud schemes. From Hall of Famers to Super Bowl champions, here’s a look at ten current and former professional athletes and how they were personally affected by the financial turmoil of the past five years.

If your clients are considering long-term-care insurance, you might steer them clear of the following typical mistakes.

A popular axiom – referred to as Occam’s razor - holds that we should tend towards simpler approaches until we must trade simplicity for increased explanatory power. For estate trustees and beneficiaries considering tax strategies in the disposition of 2010 estate assets, this principle is a sound guideline.

Several years ago, Grant Rawdin passed on the chance to become a charter shareholder in National Advisors Trust, a trust company owned by a registered investment adviser and designed to serve advisers nationwide.

If your client and referral events seem a little stale, freshen them up with these creative ideas for activities, themes and locations.

The winners of the fourth annual awards, sponsored by New York Life/Mainstay Investments, will be feted at an awards dinner in Manhattan in May.

Through extensive trial and testing, TopTenREVIEWS narrows it down.

Commonwealth Cares currently has a little under $1 million to support its initiatives.

Financial firms are still trying to develop coherent social media strategies. But don’t race into it: the risks are not well understood.

New advisor growth increased by more than 60% from a year earlier.

For three days, 610 bank investment advisors, speakers, sponsors and exhibitors assembled in Hollywood, Fla., for insights and ideas on the industry. Check out some of the images in this photo gallery.

"No amount of government stimulus will prevent it,'' said forecaster Harry S. Dent Jr. That's because additional stimulus, driven by more federal borrowing, will have less and less effect on the economy, much like the dwindling effect of more cocaine on a crack addict, he said.

More than half of RIAs are ‘bullish’; large caps and ETFs are top investment choices

Are you searching for a little inspiration? Maybe something to push your team a little harder? Check out the list created by Impact Books.

Advisors face two major challenges in today’s environment: intense competition for client assets and pressures on profitability. Kelly Coughlin of GlobalBridge says that unified managed accounts have evolved to provide a solution to both challenges at once. But how can advisors use UMAs to expand their business?

Kevin Batterton will run business development and portfolio management

Take a fresh look at your clients' life insurance planning to see if changes are necessary in light of the 2010 Tax Act.