Maine program offers potential model.
Just 47% of multimillionaires ages 18 to 34 use an adviser, a new study finds. That means wealth managers may be missing opportunities to discuss health, family and financial values with those and other potential clients.
Your clients will appreciate it if you help them avoid the 43.4% tax bracket
<i>Breakfast with Benjamin</i>: The NFL gives up its tax-exempt status, and estimates suggest the league's tax bill could be $10 million per year.
Plan advisers need to make sure they can properly service MEPs and are not just dazzled by the idea of adding dozens of new clients.
Markets remain vulnerable to manipulation by clever traders with computer skills
Many advisers are trying to decide whether to offer a digital advice platform and how to incorporate and price the service. <b><i>(Don't miss: <a href="http://www.investmentnews.com/gallery/20150310/FREE/310009998/PH/10-top-robo-advisers-to-watch" target="_blank">10 top robo-advisers to watch</a>)</i></b>
But this creative claiming strategy stumps some Social Security Administration employees.
Morningstar wants to become 'ubiquitous' with investors, according to founder Joe Mansueto. Will their new initiatives turn around the firm's declining share prices and profits?
Group asserts its intent to 'continue to vigorously defend itself' against lawsuit
Over 60 brokers have jumped to LPL since October, MetLife alleges; former brokers strike back, accusing the insurance company of poor practices.
Robert Moore's successor as LPL president talks about his earlier career and the challenges facing the independent broker-dealer industry
Plan sponsors face deeper vetting of their advisers' offerings than ever before.
But young investors still do tax, estate and debt planning offline, even as the market shifts fast
Nicole Petrosino, LPL's new head of federal government relations, outlines the firm's agenda, including getting advisers in front of their own elected officials
Over the long term the two types of funds have similar returns, Morningstar finds.
Actively managed and passively managed target-date funds produce similar investment returns over longer time frames, new research shows.
Target date funds are throwing off solid returns and protecting investors from their worst instincts. But they can be expensive.
Fees and expenses matter, but in a procedurally prudent investment process, their management should account for less than 10% of a fiduciary's total efforts
Regulator charges Kimberly Springsteen-Abbott with misusing investors funds, fines her $100,000.
