The costs of long-term care are soaring.
In the last five years the average cost for nursing home care in the U.S. has gone up 20% to $95,706 per year from $79,935 in 2009, according to a recent study commissioned by New York Life.
The study identifies the 25 most expensive markets in the country for long-term care (see below). You can also click through to see the top 10 most expensive markets
Kevin Keller prides himself on the growing public awareness of the CFP mark while warning that his successor is likely to face increased competition from other groups.
Dividend strategies can provide steady returns over time with less volatility, but growth-oriented stocks can also be an attractive option.
A new study found that retirees spend far less than they should from certain income sources. But researchers say financial advisors can help change that.
There are plenty of compelling reasons for branching further into the many areas related to wealth management. But experts warn there are challenges, as well.
Also this week, LPL pulls a big team from Raymond James, Merrill from Morgan Stanley and Dynasty from CIBC.
The popular online broker-dealer has caught regulators' eyes over its moves into market news, trading in sports games and other events, and a new premium credit card.
