Features

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A socialist adviser helps far-left clients accumulate wealth while fighting for financial fairness

Zach Teutsch is proof socialists aren’t always averse to accumulating wealth as long as they can still fight the good fight against capitalism.

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Britney Spears’ struggle for independence puts a spotlight on conservatorships

The pop superstar's plea to end her 13-year conservatorship raises questions around its validity and prompts experts to rethink the whole system.

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Cashing in on the collectibles craze

Baseball cards, wine, even dinosaur bones can help diversify a portfolio, as demand for the items surged during the pandemic.

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How to be good at collectibles

Some of the keys to successful card investing include buying rare, good condition cards of established players, said Bart Brewer, an adviser at Global Financial Advisory Services.

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Working canine to 5: Dogs in office help reduce stress

Employers that are dog-friendly might be more likely to have happy workers, especially after the pandemic.

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Reeling in clients who like to fish — and hunt, too

Jared Reynolds, co-founder and senior wealth adviser at WR Wealth Planners in Columbia, Missouri, built his passion for fishing and hunting into a booming advisory practice, where prospecting for clients can be exhilarating.

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Private banker carves out his niche with clients that hold illiquid assets

Boston Family Advisors has a narrow focus on wealthy families that have most of their assets invested in private equity and venture capital.

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Newfound financial freedom for college athletes could be a game-changer for advisers

Advisers could provide guidance that would last a lifetime — whether players go pro or into the workforce. But tapping into the market is a challenge.

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Clients are upping charitable giving in the wake of the pandemic

Although the biggest reward of giving is psychological, the tax benefits can make doing good feel even better financially.

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Deepening the adviser-client relationship

Introducing clients to tax-efficient ways to give, such as using a donor-advised fund, can help them do more with their gifts. But charitable intent, rather than tax benefits, should be the primary motivation for clients to give.

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Prep for ransomware attacks or be ready to pay the price

Ransomware attacks in the U.S. increased 300% in 2020 and cost victims $350 million. Advisers make easy targets because they publicly release AUM and hold some of the most sensitive client data that directly connects to their finances.

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Britney Spears’ fight for financial freedom holds lessons for advisers

The controversy over the pop star's right to control her wealth and health has sparked the #FreeBritney movement, created by her fanbase to raise awareness of the fight to release Spears from a 13-year conservatorship.

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Liz Windisch targets the financial needs of Gen X women

Seeing an opportunity to cater to an often-overlooked segment of potential clients, one adviser has made Generation X women her true calling.

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Father and son team build out niche financial planning for family physicians

When a medical doctor became a financial adviser, picking a niche was a no-brainer. Benold Financial Planning tends to the financial health of family doctors.

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How high can RIA valuations go?

From pixie dust to private equity, myriad factors have contributed to the historic M&A surge in the space — with no end in sight.

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How one adviser came to specialize in serving divorced women

Chris Chen, who began developing his niche 12 years ago, said advisers should identify niches that are as specific as possible.

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Worry, but don’t worry too much about inflation

Inflation is the major focus of market watchers thanks to a host of unique and unfamiliar circumstances that include record government stimulus spending.

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Accelerating AI: Why advisers and automation need to collide

Advisory firms are moving to adopt AI tools to achieve their growth objectives, but it’s not easy, partly because firms lack the data connectivity that’s needed for AI to operate efficiently.

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AI in 2021: RIA use cases

With just a few clicks, an adviser can submit a task on behalf of a client, something that would otherwise require extensive knowledge and time-consuming coordination between various operational teams.

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Why is LPL’s biggest branch starting its own broker-dealer?

Private Advisor Group has taken the unusual step of launching its own broker-dealer with the intention of putting it in better position to grab referrals.