Financial advisors are an investor's lifeline to making careful and enriching money decisions. Whether helping to shape a client's long-term retirement plan or catering to a person's asset-allocation based on risk tolerance, they help to snatch us back from the ledge of imprudence and toward more calculated and lucrative pastures. Part shrink and part coach, a financial advisor can be -- both for those with deep knowledge of financial markets and neophytes -- an expert sounding board to keep Americans from rash, emotional investment decisions. But the financial guru cloistered in a mahogany office to prognosticate markets for you is outmoded. With the rise of the robo-advisor, algorithms increasingly dictate how your portfolio is diversified and reduce the amount of face time you might need with your consigliere. As lifespans lengthen, people are more worried about having their money last throughout their post-work golden years. To accomplish that feat of protecting and growing their money, Americans are laser-focused on having the best financial mentor. Below, you will find insight about and for financial advisors related to best practices, fees, trustworthy broker checks and more.
Should investors update their portfolios in advance of a Trump administration? To a degree, yes, money managers say.
It's possible to close the gender wage gap through better investments. Here's why women may need a Venus approach in a financial world that's based on Mars.
Financial industry experts don't want you taking the "friend" route with your broker or advisor - and here's why.
Life insurance, by itself, is a critical financial planning tool. But there's a Swiss Army knife component to life insurance, and you need to as your financial advisor about it.
With more and more people concentrating on retirement investing, many likely have noticed more employers offering Roth 410(k)s. But what are they exactly, and are they right for everyone?
Ed Slott, founder of Ed Slott & Company, has some reminders ahead of Tax Day.
Not everyone can withstand that up-front tax hit, but affluent investors can fare well by converting their traditional IRA now to play later.
Why trigger anxiety when talking money with a professional? Relax, and benefit from the experience.
A new report shows U.S. college costs are rising again - stay ahead of the issue with a robust college savings fund.
Asia could become a world leader in fintech users.
Financial advisors are generally a savvy, hard-working lot. But if you run across a problematic planner, here's when to cut the cord.