In 2011, the number of high-net-worth individuals (HNWIs) increased but the pool of wealth declined, which was primarily driven by a loss of wealth for ultra-high-net-worth investors, the latest World Wealth Report says.
Few financial advisors counsel their small business owner clients on insurance, but they should. Insurance funded by buy-sell agreements is essential for most of these clients.
For your affluent clients, it's the schools that don't possess the marquee names that will be eager to award their children scholarships.
Can it be true that a striking number of financial advisors are out of touch with the charitable habits of their clients, as the latest figures from Fidelity Charitable suggest? I’m a little skeptical.
This week the charitable unit of Fide...
A year after Advent Software bought out rival upstart Black Diamond Reporting Software, the latter is seeing brisk growth for its portfolio management products.
As firm-switching among brokers rose to record levels over the past four years, the number of signatories exploded, growing almost 40 fold. Many of the new signatories are RIAs.
Don’t be afraid to sell, but mind these pitfalls.