A new study by @iw_inst and Absolute Engagement suggests that, in fact, most clients do know that their financial advisors have a certification. But some still simply don't know. #RIAs #financialadvisors #wealthmanagement financial-planning.com/news/…

The IRS is finalizing new IRA rollover guidelines, but financial advisors and custodians say the proposed rules don't go far enough to eliminate paper checks and manual delays. #retirementplanning #financialadvisors #financialplanning financial-planning.com/news/…

Death may be the best estate planning tax hack, since heirs get a step-up in basis, but for HNW clients who enjoy life Section 351 transactions may run a close second. #tax #financialplanning financial-planning.com/opini…

A "slow but powerful transformation" of the industry's consolidation is yielding big paychecks for #financialadvisors but less equity compensation, according to recent research. New data from The Ensemble Practice (@EnsembleAdvisor) shows #RIAs posted 39% profit margins last year, even as organic growth fell to a decade-low 3.7%. Read more from Chief Correspondent Tobias Salinger here: sbrew.link/YuMWnNiA

Inflation continues at an above target pace. The FOMC started a rate-hiking cycle last month; will they raise rates again in October, or pause? Join us live Oct. 29 at 1 p.m. ET, as Gary Pzegeo, CIO of @CIBC_US, reviews the October meeting, Kevin Warsh’s presser and what may lie ahead. Register now. #economy #FOMC #interestrates financial-planning.com/leade…

Healthspan Wealth aims to help advisors support their clients’ care-related needs while aiming to address data privacy concerns. #caregiving #financialadvisors #financialplanning financial-planning.com/news/…

The "old @Pershing business" is now part of the "new Wealth Solutions business," @BNY's CFO said on the company's earnings call earlier this month. financial-planning.com/news/…

As the end of the year approaches, advisors shared reminders for tax planning and encouraged taking a multi-year view. #taxplanning #financialadvisors #financialplanning financial-planning.com/news/…

“Own your data” was a common refrain at #ADVISEAI. But what does it mean for smaller RIAs? @MichaelKitces says most will buy, not build. Joel Bruckenstein @FinTechie says read your contracts first, because getting your data out could cost tens of thousands. #ArtificialIntelligence #PracticeAndClientManagement #RIAs financial-planning.com/news/…

Industry consolidation and record profit margins may paint a picture of a thriving RIA industry — but what happens when organic growth stalls ? For wealth firms, slower organic growth can have big implications for both advisor pay and firm valuations. Read the story by Tobias Salinger: financial-planning.com/news/… #RIAs #wealthmanagement #organicgrowth

Claiming Social Security benefits early is a costly mistake — or is it? Data analysis paints a more complex picture. #retirement #socialsecurity #finance financial-planning.com/news/…

As the new private wealth head at @WellsFargo, Krista Goryl aims to ensure wealthy clients are supported by the firm’s many banking, investing and wealth services. #financialplanning #wealthmanagement #financialadvisors financial-planning.com/news/…

Independent advisors trail employee advisors on AI 42% to 73%. But independent adoption of the tech more than doubled in a year. Here’s how smaller firms can close their AI gaps. #AI #ClientAndPracticeManagement #RIAs financial-planning.com/news/…

Trust but verify: a framework for how to ensure AI outputs don’t go rogue for financial advisors, from @DrMohamed_Farag of @CarnegieMellon. #ADVISEAI #FinancialPlanning #WealthManagement financial-planning.com/news/…

With opportunity zone deferrals expiring at the end of the year, the tax bill is finally coming due for many investors. For advisors, there are many rules to keep in mind as they guide clients through the process, as well as potential investments in new opportunity zones. #tax #financialadvisors #opportunityzone financial-planning.com/opini…

.@Merrill opts to not rock the boat on broker pay as it continues to push advisor recruiting and retention. #compensation #brokers #financialadvisors financial-planning.com/news/…

A well-designed fee model benefits wealthy clients by reducing their costs while making the advisor relationship more transparent, argues Randy Waesche of @FFIGlobal. #AdvisorCompensation #AUM #UHNW #FeeModels financial-planning.com/opini…

The lucky No. 13 piece in FP's series on the fees and business models of the industry's custodians concerns 3 small but substantial — and largely silent — firms. #wealthmanagement #financialadvisors #RIAs financial-planning.com/news/…

Two advisors: a 30-year veteran with a bare-bones website, and a newer advisor with a clear niche, awards and reviews. Ask AI for a recommendation and only one gets named. #AdviseAI #ArtificialIntelligence #Technology financial-planning.com/news/…

More clients choose to ease into retirement rather than stop working all at once. These “phased retirements” affect both financial and psychological planning decisions for advisory clients. #retirementplanning #financialadvisors #financialplanning financial-planning.com/news/…