Financial Planning - August 2018

“The industry has not done any favors to young advisors,” says independent advisor Douglas Boneparth.

While American women earn only 82 cents for every dollar men earn, the wage gap is far greater for female planners.

I recently came away disappointed from a meeting with a financial planner I’d considered hiring.

Most advisory firms are not systematically spreading public awareness of their services. That’s a big mistake.

This is a hot topic everywhere in corporate America except client portfolios. That might change soon.

Labor costs often make up the largest expense for firms. Follow these approaches for an equitable and rewarding structure.

If you want to eventually sell your practice for a big pay day (and not everyone does), aim for annual growth of 15%.

A frenzied M&A market means owners are getting full payment for acquired firms sooner.

Because next year will be too late.

Much of the latest guidance about setting up trusts is overly simplistic and can do a disservice to clients.

This year’s Pro Bono Award goes to Amy Born, who gives one-on-one advice to Habitat for Humanity homeowners.

Didi Dorsett, 2018 Pro Bono Award runner-up, uses analytical skills she learned in the military to offer financial advice at no cost.

Many advisors can make the switch from a traditional office to one right down the hallway — but it comes with its own set of ground rules.

Virtual reality is making a comeback, and this time, fintech experts say it will find its place as a tool for advisors to help clients engage with their finances.

This group racked up strong returns over a 24-year span of above-median inflation.

After graduating with a financial planning degree, this advisor-to-be took a detour to Disney World, where the lessons applied more than he’d anticipated.