Wealth Think

Focusing on training is an effective way to reduce industry attrition rates, develop better financial advisors and help more Americans grow their wealth over time, says Phil Sieg.

Like most financial instruments, special purpose acquisition companies present risks and rewards, and require due diligence from accounting firms to help avoid landmines.

Arrogance, naiveté and that chief suspect, procrastination, can all undermine best laid advancement plans, writes recruiter Mark Elzweig.

Companies with a high level of intellectual capital tend to be less cyclical and that capital -- patents, trademarks, ideas -- gives them a bigger moat to defend against competitors.

It may seem simple enough, but identifying how advisory firms are growing is a bit more elusive, John Furey writes.

These conversations might be uncomfortable, but early intervention and planning can help prevent major financial disasters.

Now is a crucial time to build and cement the bonds of trust between you, your clients, and your colleagues, says Kimberly Foss.

Your clients may have heard conflicting advice — they must change their IRA beneficiaries, spend down their IRA as soon as possible, dismantle their trust, or immediately convert their traditional IRA to a Roth IRA, Sophia Duffy writes.

The right strategy can minimize distraction, maintain productivity, and keep clients calm during the often sensitive 'divorce' process, says Robert Goff.

Does a poor stock pick, for instance, constitute a sales practice violation?