Claiming Social Security benefits early is a costly mistake — or is it? Data analysis paints a more complex picture. #retirement #socialsecurity #finance financial-planning.com/news/…

As the new private wealth head at @WellsFargo, Krista Goryl aims to ensure wealthy clients are supported by the firm’s many banking, investing and wealth services. #financialplanning #wealthmanagement #financialadvisors financial-planning.com/news/…

Independent advisors trail employee advisors on AI 42% to 73%. But independent adoption of the tech more than doubled in a year. Here’s how smaller firms can close their AI gaps. #AI #ClientAndPracticeManagement #RIAs financial-planning.com/news/…

Trust but verify: a framework for how to ensure AI outputs don’t go rogue for financial advisors, from @DrMohamed_Farag of @CarnegieMellon. #ADVISEAI #FinancialPlanning #WealthManagement financial-planning.com/news/…

With opportunity zone deferrals expiring at the end of the year, the tax bill is finally coming due for many investors. For advisors, there are many rules to keep in mind as they guide clients through the process, as well as potential investments in new opportunity zones. #tax #financialadvisors #opportunityzone financial-planning.com/opini…

.@Merrill opts to not rock the boat on broker pay as it continues to push advisor recruiting and retention. #compensation #brokers #financialadvisors financial-planning.com/news/…

A well-designed fee model benefits wealthy clients by reducing their costs while making the advisor relationship more transparent, argues Randy Waesche of @FFIGlobal. #AdvisorCompensation #AUM #UHNW #FeeModels financial-planning.com/opini…

The lucky No. 13 piece in FP's series on the fees and business models of the industry's custodians concerns 3 small but substantial — and largely silent — firms. #wealthmanagement #financialadvisors #RIAs financial-planning.com/news/…

Two advisors: a 30-year veteran with a bare-bones website, and a newer advisor with a clear niche, awards and reviews. Ask AI for a recommendation and only one gets named. #AdviseAI #ArtificialIntelligence #Technology financial-planning.com/news/…

More clients choose to ease into retirement rather than stop working all at once. These “phased retirements” affect both financial and psychological planning decisions for advisory clients. #retirementplanning #financialadvisors #financialplanning financial-planning.com/news/…

Did you really think brokerages would let commissions disappear without a replacement? .@CharlesSchwab finds a new revenue source with ETF platform fees. #etfs #investments #wealthmanagement financial-planning.com/news/…

"We should have a national wealth tax," said @united CEO Scott Kirby. To him, it's all about fairness. #tax #wealthtax #united financial-planning.com/artic…

A new study commissioned by @CredentWealth finds fee-only RIAs are losing market share to hybrid and insurance-licensed peers. Here's why that worries the firm's CEO. #RIAs #wealthmanagement #mergersandacquisitions financial-planning.com/news/…

Two advisors had success running a buy-and-hold investing strategy at @JPMorgan. Then they were told to change it. Instead, they left. #RIAs #investing #wealthmanagement financial-planning.com/news/…

Gen Zers are often frugal — as well as eager to start saving for their future retirements, advisors say. Here’s how to reach those young investors through holistic planning. #retirementplanning #financialadvisors #financialplanning financial-planning.com/news/…

With its private bank, @CitizensBank moves past its loss of the former First Republic to @JPMorgan. #financialplanning #wealthmanagement #financialadvisors financial-planning.com/news/…

For financial advisors looking to change firms, picking a recruiter is high stakes. Longtime advisor recruiter @philipwaxelbaum shares due diligence strategies. #financialadvisors #recruiting #advisormoves financial-planning.com/opini…

.@CharlesSchwab is coming out with its own long-short strategy. Is this another form of competition with its outside partners? #financialplanning #investments #wealthmanagement financial-planning.com/news/…

When a brokerage firm closes, @sipc works to help investors recover the value of their assets. Here's what experts say RIA owners should keep in mind about the terms and limitations. #financialadvisors #wealthmanagement #compliance financial-planning.com/news/…

When clients no longer need their life insurance policies, letting them lapse isn't the only option. In some situations, life settlements could maximize value. #lifeinsurance #financialadvisors #financialplanning financial-planning.com/news/…