3+ mon, 3+ week ago   (373+ words) The affiliate model itself is nothing new, but it’s novel for a custodian. Altruist’s approach is more direct than those of bigger players, Diamond said. Affiliate programs at the major custodians technically run through groups including NewEdge Wealth, Private Advisor…...

2+ day, 1+ hour ago   (382+ words) Help clients take the wheel — don’t wait for a crisis to discover an estate plan no longer matches reality. The estate plan isn’t just a set of documents, Houghton said. Instead, it’s an ongoing process that has to keep pace…...

3+ mon, 2+ week ago   (329+ words) The shift from attorney- to advisor-driven estate planning means firms need to upgrade their offerings — or get left behind. Advisors who don’t offer estate planning may find themselves written out of the will. “There’s still $68 trillion that’s going to move,…...

1+ mon, 3+ week ago   (301+ words) Few people born from the mid-1960s to 1980 have written a will or completed other key steps like designating someone to hold medical power of attorney. Gen Xers are in the worst shape when it comes to estate planning, but they’re not…...

3+ mon, 3+ week ago   (397+ words) An advisor’s role doesn’t end after an inheritance. There’s a whole bunch of money changing hands in the coming years, but how can advisors help their clients who have inherited their parents’ wealth? “We’re maybe in the bottom of the…...

5+ mon, 6+ day ago   (475+ words) A new study finds inherited wealth is unlike any other windfall, being tied so closely to death. A dollar is just a dollar, right? Not always. “That is not what most clients expect,” said Russell James, professor of charitable financial…...

5+ mon, 1+ week ago   (426+ words) better way to add alpha than trying to beat the market. Scary stats about the cost of health care in retirement...