Wealth Think

As a longtime proponent of flat fees, I see a lot of pain ahead for firms that rely solely on assets under management.

An imagined conversation with the legendary Vanguard founder about the coronavirus market crash.

Before you do anything else, make sure your practice is optimized for a remote-office situation. Are there compliance standards you need to meet?

For firms that haven't recently updated their capabilities, the next few months will be a rough wake-up call.

You might consider an assistant, paraplanner or even another full-fledged advisor. I won’t debate the importance of these roles, but I would like to offer an alternative for your consideration.

Restoring fee-model disclosures to its website is just the first step in correcting the organization’s “monumental failure,” according to fiduciary watchdog Ron Rhoades.

There is quite a bit of data indicating planners timed the markets poorly during the financial crisis. Let's not make the same mistakes again.

The decision does not diminish the board's conviction that consumers have a right to know how they are paying for products and services, writes the former board chairwoman.

Finally, I was able to talk openly about how financial services can be more inclusive of women and people of color. But did I have to leave to do so?

This three-tiered model may help.