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The article offers suggestions on how people can help their aging parents with their finances. Topics discussed include the need to start the conversation with the parents regarding financial planning, with topics such as estate-planning and powers of attorney; the need to review the bank and credit card statements of the parents; and the need to assess their assets and income. Also mentioned is the need to take help from financial advisors if needed.

The article discusses strategies that can help financial clients gain "super-vision" in building their investment portfolio. It notes that portfolios can be protected from big losses by investing in uncorrelated assets. It cites that a diversified portfolio which includes real estate and commodities have the tendency to produce annual positive returns. It infers that having uncorrelated assets will mean that some but not all investments will suffer losses during financial downturns.

The article discusses the need for financial advisors to engage the client's entire family about financial planning and values. It notes that advisors may adopt different approaches to engage family members depending on the net worth or assets of a client. It cites examples of activities that can help advisors build relationships with families including a mother/daughter luncheon at a hotel for clients, or hosting an annual golf outing for fathers and sons.

The article discusses the details about the use of a self-settled trust (SST) or domestic asset protection trust as an estate-planning strategy in the U.S. The author defines SST as a permanent and irreversible trust in which the settlor is also the beneficiary of the trust. Tips for financial planners on how to minimize the risks facing their clients who intend to use a SST are also provided.

The article reports on the efforts of financial planners to maintain their client and asset bases in order to prevent the erosion of assets. It states that to cater to younger clients, planners may need to drop their asset-under-management minimums. It mentions that planners should also cope with a different kind of mind-set about investing and financial planning.

The article discusses the role of financial planners in giving professional service to singles without kids (SWOK) clients. Financial advisors need to explore issues about assets and will with their SWOK clients. Singles Without Kids must be informed about the revocable living trust and how it works. Financial planners should help their SWOK clients reduce estate taxes and make charitable gifts.

The article focuses on the decision of Edelman Financial Services, a registered investment adviser (RIA), to engage in merger & acquisition (M&A) activity. Topics discussed include the goal of the company to establish a national brand and become a major planning firm in the U.S., the target of the firm to have an additional assets worth 2 billion dollars in 2017, and the value proposition of Edelman.

Financial advisor Rosita "Jo" Kaufman has been making top advisor lists for over a decade, landing on Forbes Best-In-State list in 2018 and the Top Women Advisors list the previous year. She says she owes her success to her humble beginnings. [ABSTRACT FROM AUTHOR]

The article focuses on the retirement plans offered at different banks in the U.S. It notes the great opportunity with mass affluent of the personal financial assets among the American population. It also features the three guiding principles practiced at the Bank of America which include financial planning, product solutions, and a multichannel model.

The article offers suggestions for selecting financial advisors. Topics include visiting to the Australian Securities and Investments Commission (ASIC) financial advisers register; checking out the Financial Services Guide (FSG) on the website of the planners you are considering, or asking them for a copy; and using initial meeting to ask how they ensure your assets are protected.

The article presents the author's recommendation for financial advisors engaged in handling prenuptial agreements. Topics discussed include the author's opinion regarding prenuptial agreements, the importance of determining the assets and liabilities held by clients during discussions, and the importance of providing some degree of flexibility to address future changes in the married couples' life.

The article focuses on the growth in illiquid asset donations and its benefit to financial advisors. Topics covered include the acceptance by National Philanthropic Trust of nontraditional assets, the value of grants given by Schwab Charitable to charities and the samples of hard-to-value assets that cannot be sold quickly. Also mentioned are the reasons behind the popularity of noncash asset sales.

The article reflects on the author's view on the need for financial planners to protect core assets against big losses in advising their clients on wealth management. According to the author, seeking superior returns should be a secondary consideration in retirement planning and that capital preservation should be a primary priority. He stresses that chasing returns by embracing an aggressive investment strategy paves the way for big losses, which takes longer to recover.

The author provides insights for financial advisors on taking a consultative approach to the investment planning process. He notes that such an approach allows them to use custom solutions in formulating a formal, comprehensive investment plan. Among the purposes of a well-designed investment plan are clarifying the goals of the client and providing long-term discipline. The areas to be covered in the investment plan are cited, one of which is the rate of return objective and asset classes used.

The article recommends steps for financial planners to maximize the acquisition of additional assets from current clients. These include knowing the clients and their assets, ensuring client satisfaction, identifying asset-transfer opportunities, asking for additional assets and thanking the clients for the additional assets.

The deal combines two giants: the leading financial planning provider by market share with the leading TAMP by client assets. [ABSTRACT FROM AUTHOR]

Offers advice on how to financially survive a midlife breakup. Asserts that after divorce, women and children can expect an average decline of 73 percent in their standard of living within one year while men experience an increase of 42 percent. Financial survival strategies; Knowing where your assets are; Hiring a lawyer who specializes in divorce; Getting financial advice.

The article offers information on how to prevent a divorce from hurting one's financial stability. Topics discussed include knowing one's net worth, considering the long-term cost of assets one might be awarded in a divorce settlement, and altering life, health, automobile, and property insurance to reflect the change in marital status. The author also recommends consulting a financial advisor rather than relying on one's attorney.

The article presents tips from financial planners to help one protect his hard-earned assets. Around mid-40s, one should be shifting from accumulating assets to preserving assets, said Sue Stevens, director of financial planning at Morningstar and president of financial planning firm Stevens Portfolio Design in Chicago, Illinois. One of the challenges for 45-to-55-year-olds is managing very large expenses such as college education and perhaps health care for an elderly parent, that is why they are often called the Sandwich Generation.

The article presents a reprint of the article about the role of financial planner in managing their client's financial health in the U.S. Basically, financial planners are generalists who analyze their client's current situation by gathering pertinent personal and financial data including assets, liabilities, existing insurance, and investment statements. Furthermore, financial planner identifies financial problems that create barriers to achieving financial independence.

The article focuses on the problems posed by the capital gains tax concessions to small businesses in Australia. One of the tax concessions is the total exemption from tax on a business asset when it has been owned for at least 15 years. A business must not own assets with a total net value of more than $5 million to qualify for the 15-year exemption. It emphasizes the importance of seeking professional advice and planning on how to obtain the concessions. INSET: Tax tip.

Focuses on the increasing trend in 529 assets for college educational plans in the U.S. Criticisms against 529 assets; Increase in net sales in the first half of 2003; Reason behind the growth of 529 plans; Importance of the financial adviser channel to the 529 industry.

Comments of the financial planning services being offered by financial planners in the U.S. Need of financial planners to protect the asset of their clients; Professional motives of financial planners with their clients; Economic advantages sought by financial service industry.

The article reports on the result of the survey which focuses on the strategies carried out by certified financial planners (CFP) in the U.S. These include 45 percent transferring their assets to lower risk investments, 40 percent are investing in lower stock prices and 78 percent did not implement changes in their financial planning strategies. It states that the survey was conducted by Certified Financial Planner Board of Standards Inc.