Financial advisors are leaning into generative AI to handle routine work but remain cautious about how the technology fits alongside their role as relationship managers and behavioral coaches, ...

Last year, more than 57,000 financial advisors left the industry altogether, according to our data, which is greater than the over 53,000 who entered. On its face, that 4,000-person gap might not seem ...

The phrase "peace of mind" has appeared in so many commercials its meaning may be hard to discern, but investors rate it as the most important source of financial advisors' value to clients.

Encountering a great idea can change the way financial advisors work, think and grow. Often, these ideas come from books, so we asked advisors to share the titles that motivated or inspired them in ...

One of the first lessons wealth managers learn about investing is that past performance doesn’t equal future results. Now, advisors have an opportunity to apply that advice to their own businesses.

As the calendar turns and New Year’s resolutions are made, financial goals often slip somewhere between “eat healthier” and “get more organized.” But behind every solid investment portfolio and ...

For decades, Americans were given the same advice about money: Find a good financial adviser. Trust the person, not just the process. That model worked when markets were simpler, tax laws changed more ...

Financial advisors' basic asset location services are "one of the most powerful, yet often underutilized" strategies in portfolio management, a new Morningstar study found. Processing Content And the ...

Financial planning is not just a numbers game: Today’s most effective financial advisors recognize that success with clients could lie at the intersection of emotional intelligence, often called EQ, ...

The AUM model is a straight percentage fee charged annually on the total value of the assets the advisor manages for you. It is the usual model used by wealth management professionals. AUM fees ...

A new Investor Brand Builder report from data analytics and advisory firm Escalent found that trust in and engagement with financial advisors has reached a new high among affluent investors—those with ...

Fidelity Investments has introduced a new policy restricting financial advisors’ ability to access or manage clients’ 401(k) accounts directly. The change affects thousands of independent advisors who ...