Selling life insurance policies can help retirees meet expenses, but such transactions, known as life settlements, are overlooked by the financial planning world.
Taxes can create a significant drag on the value of a portfolio, so here are the things you should be looking for in a client's tax documents.
Instead of pursuing ultra-high-net-worth clients, more advisers should target the largest group in need of wealth management advice in America.
Sometimes employees need an exodus from the professional grind that will give them some rest and time for fresh thinking, and even allow them to fulfill pursuits that have nothing to do with work.
Many owners of small firms don't plan their exit properly — or at all. Here are things advisers should keep in mind to help business-owner clients make plans.
Millennials — those born between 1981 and 1997 — trail far behind older generations, with only 5% of the country's wealth. But they're starting to come into their own.
Adding a tax overlay to multiple unified managed accounts lets advisers generate tax alpha through APIs that identify and recommend tax-smart trades and sales.
Remember that almost any carefully developed plan is going to be better for your family, employees and clients than to have no plan in place at all.
The risk going forward is a lot higher than it has been in the recent past.
Staying busy may seem like the path to success, but without time to reflect, advisers could be using their time and energy on the wrong things.
The move to provide guaranteed lifetime income products in defined-contribution plans will transform retirement planning.
Amid allegations of greenwashing and political efforts to move state funds away from ESG mandates, there's been increasing skepticism about this method of investing.
If you’re one of the many advisers thinking about making this practice a regular occurrence, make sure the experience is both high quality and compliant.
By using a proactive approach, firms not only save time and minimize risk, but they also instill confidence into their team from the top down.
While the current economy is causing uncertainty and jitters, it’s also encouraging participants to act more like institutional investors.
The economics are attractive right now, and many advisers see a better future for virtually everyone involved if they join forces with a larger firm.
With the guidance of a well-informed financial professional, homeowners and investors can potentially tap into the value of their homes and be in a stronger liquidity position as the economy recovers.
The inflation pressures that have emerged make it challenging to invest in fixed income, but there are possible solutions.
Financial professionals can reach a broader group of prospects — of all ages and in all locations — on their social media channels with fewer mechanics involved than planning an in-person event.
Here are some of the things about working as an independent adviser that may surprise those who've made the jump from a wirehouse.
