Practice

With most financial advisors mired in "analysis paralysis," adding new business can be difficult. Unfortunately, there is no magic bullet to add clients and assets, but Peter Montoya offered some essential methods to develop relationships and assets.

Commonwealth Financial Network launched "RetireReady," a customizable participant education program for independent advisors. The program will help advisors add value to retirement planning advising for sponsor clients.

Dallas-based 1st Global has launched a new offering intended to help CPA firms develop and grow wealth management services as a core part of their practices.

Healthcare is often a big retirement concern for seniors, yet less than a third that have financial planners discuss Medicare plans with their advisors, according to a recent survey commissioned by Allsup.

For large U.S. companies and their employees, health care premiums continue to rise, albeit slowly. Meanwhile, most employers are reevaluating their retiree health insurance strategies, planning more emphasis on the individual rather than the group market.

Most financial advisors don't spend enough time on the two most critical tasks to help them grow their business: rainmaking and client interaction.

Touchstone Investments has hired BNY Mellon as its accounting and administration, transfer agency and blue sky service provider for four additional Touchstone funds.

Advisors and brokers working in teams made 32% more in compensation than those going it alone, according to the new Broker and Advisor Sentiment Index study from Fidelity Investments.

Michael James, a former wealth strategist in Goldman Sachs' mid-Atlantic region, has joined the Philadelphia office of Glenmede, an independent investment and wealth management firm, as director of family wealth advisory.

Before embarking on first or next dance with the regulators, Jennifer Woods Burke, President of CompliGuide provides her thoughts on the top 7 ways that firms sabotage themselves.