How to Choose and Work With a Financial Adviser
Here are a few tips on how to choose and work with a financial adviser.
Financial Crisis Left Advisers Shellshocked
A new study says that during the financial crisis of 2008 and in its aftermath 93% of adviser wrestled with post-traumatic stress disorder. Pat Graham, news editor of Wealth Management at WSJ.com, discusses how the anxiety and shock affected their investment decisions.
Young Advisers Build Businesses With Acquisitions
With an aging financial advisory population, it's likely more young financial advisers will acquire advisory firms. But they do face hurdles, a competitive environment and difficulty raising capital among them.
Regulators Focus On Reverse Churning By Advisers
Regulators plan to ferret out financial advisers who put clients in fee-based accounts that are inappropriate, says Dan Nathan, a partner at law firm Morrison & Foerster in Washington, D.C. Advisers can take steps to help them avoid scrutiny, he says.
Millennials Offer Opportunity for Advisers
The millennial generation will control a tremendous amount of wealth in the near future, and financial advisers who don't reach out may be left behind, says Adam Thurgood, managing director and partner with HighTower Las Vegas.
Hedge-Fund Ads Raise Concerns Among Advisers
Regulators have lifted the ban on ads by hedge funds and firms offering private investments, and financial advisers fear it could prompt investors to chase performance. Daisy Maxey of WSJ.com discusses these concerns with Andrew Altfest of Altfest Personal Wealth Management.