Financial advisor news, market insights, and practice management essentials.
The gap reflects a growing divergence in experiences and strategies.
Early career advisors discuss what they need to succeed and how their generation thinks about finances.
Merrill launched a new credit unit for high- and ultra-high net worth clients last week.
Open-ended queries allow clients to reflect on their financial situation and goals — possibly in ways they’ve never even considered.
Research shows that 80% of women will leave their advisor following the death of their spouse.
Advisors are taking a variety of approaches in fixed income, stocks and alternatives.
With organic growth rates flatlining, AI promises to both broaden the search for new clients and identify prospects within a firm’s niche.
Allocations today have a striking resemblance to where they stood in 2023, according to new Goldman Sachs data.
Some look at it as a teachable moment, while others choose not to sweat it.
RIAs need to cultivate a higher level of trust and personalization to attract the wealthiest clients.
Investing $1 billion in T. Rowe may be more efficient for Goldman than building out its own channel.
Failing to properly guide the next generation could lead to many practices losing their competitive edge.
Mixing politics and investing is like mixing emotions and math: It rarely adds up.
Chairman Paul Atkins said his agency is going after fraud affecting retail investors.
They’re going to have to adapt to not only younger clients’ approach to finances, but also their communication styles and social preferences.
Rules-based investments are appealing, but even index-fund investing comes with limitations.
Cerulli expects firms that provide the most client services will be the strongest performers.
AI can now draft marketing materials in advisors’ tone of voice and writing style. Whether advisors want that is an open question.
With assets reaching new heights, advisors need to inform clients about what exchange-traded funds can — and can’t — do.
Seeing first-hand the troubles even the most well-paid athletes can endure, many former pros feel a responsibility to advise today’s rookies.
