Profile picture for user The Wealth Advisor

The Wealth Advisor

Contributor

The Wealth Advisor is today’s most relied-on source of news and education for planners and advisors. We scan the news so you don’t have to, sending you what you don’t want to miss…but don’t always have time to find yourself without poring through dozens of publications. The Wealth Advisor sends you a handy once-a-week list of the most important news, hand-picked by our staff for its importance to investment advisors and their practices.

Flexible Plan: Why Financial Education Matters

(Flexible Plan) Did you know that this April was the 20th anniversary of Financial Literacy Month?

Financial Literacy Month was designated officially in 2003 by the U.S. Senate to start the following year during the administration of George W. Bush. (Interestingly, Barbara Bush was passionate about many literacy causes and started the Barbara Bush Foundation for Family Literacy in 1989.)

AssetMark: 5 Paths to Independence as an RIA

(AssetMark) What is making more advisors interested in breaking away to pursue independence? Some of the top reasons that advisors choose to start their own firms include a higher earning potential, more freedom to make decisions for their clients, business autonomy, and professional legacy. However, not all paths to independence will look the same. This article looks at the five main paths to forming an independent RIA and how to ensure your transition goes as smoothly as possible.