Financial advisor news, market insights, and practice management essentials.
A major Supreme Court case and proposed Labor Department rules on investment selection in retirement plans are just part of the story.
Inheritance can quickly create tension and dramatic infighting, especially when a client leaves more to one person than another.
It’s hard to convert diligent savers into spenders in retirement, but people should be able to enjoy themselves while they can.
Plenty of that is a result of the firm’s expanded product lineup and a bull market that has all three major indices up double digits so far this year.
RIAs lose 2% to 5% of their AUM annually through client withdrawals, but they’re also averaging just 3% to 4% in organic growth each year.
While meeting transcribers and email drafters paved the way, artificial intelligence is moving out of the back office and into the core advice process.
Advisor allocations to alternative investment products are expected to roughly double in the next five years to more than $4 trillion.
Annuity sales hit nearly $124 billion in the second quarter, according to industry trade group LIMRA.
Critics say markets become less efficient when too much money floods into indexed products, but that doesn’t tell the whole story.
The role of the advisor is becoming increasingly central as Great Wealth Transfer inheritors increase allocations to assets like crypto and private equity.
The Department of Labor is currently parsing tens of thousands of letters supporting and opposing the measure.
Fewer advisors are considering adding more investments in private credit now than they were in 2024, per a recent survey.
As clients continue to adopt a more branched model of managing their finances, it might be something advisors just have to accept.
Clients are having more complex conversations with advisors after doing independent research, according to a study from Edward Jones.
The projection is up 7.5% from last year, and marks the largest annual jump in more than a decade, according to a new Fidelity study.
The investments may be turning the independent channel into the corporate behemoths advisors have been fleeing in the first place.
The self-regulatory organization has already implemented or announced a number of important process changes. More could be on the way.
