Advice and the Advisor

More

  • money-ascending-stacks-200.jpg

    Sure, investment returns grab the headlines, but fees fatten the top and bottom line, which makes expansion into other services tempting.

  • african-american-man-pointing-finger-200.jpg

    It’s important to distinguish between high-maintenance clients (who need a lot of hand holding) and problem ones (who want the impossible).

  • When Advisers Change Jobs, Ask Questions Before Tagging Along

    With financial advisers moving from one firm to another more frequently than in the past, chances are you'll have an opportunity to review your needs.

  • Bernie Madoff

    If you want to avoid falling prey to someone like Bernie Madoff, the first and most surprising rule you should adopt: Don't trust your neighbors' referral, or your friends'.

  • As financial services companies trim payrolls, more industry veterans are opening their own investment firms.According to , which tracks the, there are now 28,574 resident investment adviser, RIA, firms, usually with offices of two to eight employees and an average of $25 million to $50 million in client assets under management, AUM. Others, such as spinoffs from the financial giants, can manage mutual funds and other big accounts, boosting the AUM.In the most recent full year of year of data, 2011, 1,108 RIA firms were formed with $561.38 billion worth of assets under management.We thought it would be interesting to see what cities had the most activity in creating new RIA firms in 2011 and how much money (measured in assets) was under management. (Note that there is a wide range of assets, depending on the individual starting the firm and the number and size of clients.)Here are the top ten cities based on a customized search of A

    New financial advisory firms are popping up around the U.S., as veteran brokers leave big firms to build their own. These 10 are startup hotbeds.

  • financial-jargon-cover.jpg

    The world of finance is loaded with technical concepts and complicated terminology, much of it vital shorthand for industry participants. It is likely your advisers will fall back on using jargon when soliciting your business and managing your financial accounts. Here is a guide to some financial terms.

  • With the 10-year Treasury yielding well under 2%, you’ve probably heard a lot about dividend yielding stocks. But dividend yield is a tricky metric. It’s calculated by dividing annual dividends per share by price per share. Therefore, a high yielding stock isn’t necessarily attractive, in and of itself. Here’s why. Yield increases when either dividends increase, (a higher numerator) or when share price decreases (a lower denominator). That second scenario isn’t terribly attractive. That means wh

    Following is a list of favorite dividend yielders from our pros. These are companies the Fast Money gang says offer a strong return and have strong fundamentals, too.

Contact Advice and the Advisor

  • CNBC NEWSLETTERS

    Get the best of CNBC in your inbox

    Please choose a subscription

    Please enter a valid email address
    Get these newsletters delivered to your inbox, and more info about about our products and services.
    By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.

Latest Special Reports

  • As the need for high-level financial advice grows, wealth managers handling high-net-worth clients grow more important.

  • Innovative female entrepreneur examining prototype

    In an era of rapid technological advances and demographic change, how do legacy companies adapt, innovate and evolve? CNBC Evolve features iconic global companies and executives who are embracing change and transforming for the future.

  • Frontline insights and unique views on key issues and challenges facing today’s CFOs.