Financial Advisors

Self-guided, DIY approaches to investing are more popular than ever, spurred on by the rise in stock screeners, trading platforms, AI, and investing data sites. But according to a new survey, 27% of them are likely to use a (human) financial advisor in the next year. That number grows to 37% when...

Recent Internal Revenue Service data reveals that tax refunds are substantially larger this year, even though fewer Americans are filing early returns. According to a Detroit Free Press report, this shift presents a valuable opportunity for tax professionals to guide clients through changing tax...

New On The Block Purple Innovation, Inc. (NASDAQ:PRPL) is considering a sale. After receiving “unsolicited expressions of interest,” the mattress maker is exploring all possibilities to boost shareholder value. Purple's board established a special committee of independent directors to...

Recent data shows family offices are strategically shifting toward Alternative Investment Funds (AIFs) to protect wealth and maximize returns in today’s volatile market landscape, as detailed in a new CNBC report. This trend highlights significant opportunities for financial advisors to...

Sweeping changes are coming to Social Security as well as the agency that administers it in 2025, requiring a rethink of how central or reliable advisors should consider the service for their clients. Following the passage of the Social Security Fairness Act last year, and former President Joe...

The rise of cryptocurrencies and the new administration’s friendliness toward digital assets have left advisors deeply conflicted about the asset class, a new survey by CoinShares reveals. On the one hand, 62% of advisors say recommending Bitcoin and other cryptocurrencies goes against their...

The perfect storm of Registered Investment Advisor (RIA) mergers and acquisitions (M&A) is only growing stronger. According to a new study by Fidelity Investments, 2015 saw 89 RIA M&A deals, while last year saw a whopping 233. Over the same decade, the value of acquired assets grew from $...

Fully one-third of Americans are planning to reduce how much they spend on "financial vices" because of the economy, according to research from Bankrate.com, with important implications for advisors and their clients. The survey distinguished six different vices — alcohol, lottery tickets, casino...

In a recent interview with ThinkAdvisor, a senior financial planner with Kitces.com, Ben Henry-Moreland, laid out the tax planning implications of Donald Trump‘s return to the White House. In short, it’s now almost guaranteed that the 2017 Tax Cuts and Jobs Act (also known as the Trump...

Assets managed by advisers continued to grow in 2023, hitting a record $31.3 trillion, according to a new report from Cerulli Associates. However, the number of advisers managing all that money has not been growing nearly as fast. Over the last ten years, the report indicates the number of...

America’s ageing population does not only show up in a larger proportion of adults nearing or reaching retirement, advisors themselves are also aging out of the business. Yet preparations for how to deal with this shift are at all-time lows in the industry, according to a new national survey...

The roller coaster markets of the last quarter of 2024 hold some important lessons for how advisors should approach retirement planning with their clients. While last November’s election sent the markets on a rally, with the S&P 500 ending up 5.9% that month, the same index fell 2.4% the...

Jan. 1, 2025, marks the first possible birthdate for Generation Beta. It’s also a unique opportunity for financial advisors to guide new parents through comprehensive long-term planning, especially as Prudential Financial’s latest research shows that 58% of current and future parents...

Jim Cramer thinks that the fear of higher capital gains taxes could have halted the Santa Rally over the last four days of 2024, even as the S&P 500 set new records during the year. What Happened: The S&P 500 index fell for the fourth session on Tuesday, which was its longest losing year-...