Wellness

Mark Matson aims to help people define and realize their goals by making "academic investing principles accessible to everyday investors," he said.

Three executives shared best practices around compensation in the fight to recruit, retain and support planners and other key employees.

Planners could play a crucial role in identifying the signs of forced labor or sexual coercion and supporting victims — with the right training, an expert said.

As more women generate and steward great wealth, they must also strive to develop and maintain financial wellness. The wealth management industry has a vital role to play in helping dynamic women on their journey.

Planners trying to help clients steer clear of momentary panic by investing for the long term will find instructive episodes that often involve sports.

Essential free services play a critical role for clients, financial advisors' careers and industry recruiting. But only if practitioners avoid some pitfalls, experts say.

Experts say it's important to examine clients' relationships with money but there is an ethical line when such conversations should be led by licensed professionals.

GYL Financial sees the services as a fiduciary duty to its customers alongside the industry's business incentives and compliance requirements.

Morningstar's study suggests that emotional or personal motivations are just as important or even more significant than a need for "functional" professional services.

More than a half dozen experts explain the key practice management and professional development implications of behavioral finance and financial therapy.