Having a social relationship with affluent clients can pay off big. In fact, nearly half of clients who have a social relationship with their financial advisor have given one or more personal introductions to their advisor over the past year, acc...
Almost half of financial services firms involved in individual retirement accounts say they’ll hire extra help or redirect resources to comply with the Labor Department’s fiduciary rule.
While the industry may not immediately feel the impact o...
American Muslim clients are in dire need of guidance in walking the ethical path of their finances.
Automated online advice platforms, the so-called robo advisors, have long said that the use of algorithms eliminates the kinds of conflicts of interest that can exist in more traditional brokerage firms. It’s a premise that...
Money is complicated. Our responsibility as parents and advisors is to start educating ourselves and our children early.
While the Department of Labor’s fiduciary rule for advisors to retirement accounts looks more like an inevitability, over half of advisors are waiting until they see a final version before making preparations, according to a recent...
Tips on communicating with clients
