Beginning almost 20 years ago, an obscure advisor in El Cajon, Calif., published a series of papers defining sustainable withdrawal rates from retirement portfolios. Based on a historical ...

Ken Griffin is pointing an outstretched arm toward his field of dreams. On this Wednesday afternoon in early February, the CEO of Citadel, one of the world’s largest and most profitable hedge funds, ...

A dwindling number of prospective students will drive as many as 370 private colleges in the US to shutter or merge with another institution in the next decade, according to a major higher-education ...

As the head of financial and economic research at Buckingham Wealth Partners for almost 30 years, one of the most common situations I’ve been asked to address is about clients with a heavily ...

Nearly 71% of rookie advisors will drop out within their first five years, creating a nearly insurmountable staffing problem for an industry that is both aging into retirement and attracting fewer new ...

Time, money and competition put pressure on RIA owners to be decisive, but taking action can be hard without assurances of success, and it can be reckless to act on gut instinct. To compete, advisors ...

For a profession that is half a century old, the financial advice business is still troubled by certain frustrations. Near the top of that list is the fact that, unlike medicine and law, the ...

Women are controlling ever-greater sums of money around the world, setting the stage for major shifts in wealth management and philanthropy. In the US alone, McKinsey & Co. expects women to control ...

CFPs who sell annuities are subject to a tougher fiduciary standard, as well as the National Association of Insurance Commissioners (NAIC) suitability model regulation, the CFP Board said in new guide ...

Sarah lost the $20 million account six months after the liquidity event. Her client, David, had sold his manufacturing business. Sarah had done everything right—on paper. She optimized the tax ...

Financial advisors worried about client retention amid the great wealth transfer are getting a bit of bad news from a recent study: A new wealth report released by Capgemini’s Research Institute found ...

Private equity-backed Arax Investment Partners, a New York wealth and asset management platform, has acquired Pinnacle Peak Private Client Group, an Arizona RIA that manages $460 million in assets.