Next Generation Advisors

UBS hopes that revamping its training program in concert with expanding its Wealth Advice Center staff will provide a pipeline of new advisors and enable it to serve more mass affluent clients.

The financial advice industry will look different in 2030 and beyond. Understanding how it is changing is crucial for younger financial services professionals.

Morgan Stanley’s Lindsay Pazdan has a front-row seat to clashes that can come with trusts and estates, and ideas on how to avoid them.

Some advisors have learned the hard way that family and business don’t mix. Here is their advice for the next generation.

One of the industry’s first chief behavioral officers, Brendan Frazier spends his days helping advisors figure out how to guide clients when emotions run wild.

Some 81% of high-net-worth individuals are already thinking about finding new financial advisors after coming into money.

San Francisco-based Legalist started out in so-called litigation finance, but now has a growing business lending to government contractors in need of cash.

Klingman & Associates’ Tom Klingman grew into his role by asking questions, improving his skills, and working with an executive coach.

The founder of $665 million-asset GoalVest explains why she left a comfortable position to start an RIA in New York City.

This advisor learned that wealth adds complexity to lives, even as it creates opportunity. Advisors can help clients focus on what matters.

Atlas Financial Services made its first acquisition Tuesday, buying Madison-based Central Wealth Management.

Younger advisors may be well positioned to handle difficult situations, such as couples who fight or clients who won’t follow a plan.

Zach Rodriguez sets his sights on former service members, who face unique challenges in managing money, investing, and retirement planning.

Merrill Lynch’s Ryan Moran helps families that span multiple generations have difficult, but important, conversations about inherited wealth.

Next-gen and seasoned advisor pairs talk about how they create a healthy balance that allows their jobs and marriage to prosper.

Covid-era relief has come to an end, with millions of borrowers facing defaults and wage garnishment.

Northwestern Mutual will lose about 80% of its field recruits in their first five years. John Roberts, chief field officer, has a strategy for retaining them and recruiting new ones.

Rising market values, acquisitions, and hiring have accounted for most of the asset growth in the wealth management industry, according to Boston Consulting Group’s annual global wealth report.

Some clients tragically blow through their windfalls. Here’s how financial advisors try to help them preserve sudden wealth and use it to lead better lives.

Even wealthy people often fear running out of assets during their lifetime. RBC Financial Advisor Gina Thompson shares how she puts together a plan they can count on.

Wealth advisor Melissa Garrett helps clients of all ages figure out how to fund a loved one’s college or school tuition.

LinkedIn, X, Facebook, and other platforms are changing the business of wealth management, especially for younger advisors.

CFP Board Chair Liz Miller, who founded her own planning firm, offers ideas on AI, fee models, and other big shifts facing the industry.

Kevin Casey, who leads M&A for Pathstone, sees acquisition candidates in law practices and tax boutiques, as well as traditional RIAs.

At least half of all Gen Z and millennial earners have a side hustle, and many claim several income streams, according to research.