Agency costs are internal costs that arise from an agent who acts on behalf of a principal in some situations.

A waterfall payment is a plan where more entitled creditors receive both interest and principal payments while lower-ranking creditors receive only interest. Here’s how it works.

A holistic financial plan goes beyond savings and investments to include taxes, risk management, retirement goals and legacy—here’s how to approach it Written By Written by Staff Money Writer, WSJ | ...

The acronym stands for income-related monthly adjustment amount, and while it sounds technical and harmless, IRMAA can materially increase the cost of Medicare for households with even modestly ...

A multi-ethnic blended family at the park on a sunny day, sitting together on the ground on a blanket, laughing. The mother is African-American and father is Caucasian. Their two little boys are twins ...

In the decades since financial planning guru Harold Evensky first outlined the concept of segmenting assets into different "buckets," financial advisors and clients alike have gravitated toward the ...

When discussing unretirement, advisers need to understand their clients’ motivations. According to a recent study, people who unretire list several factors that lead to this decision, the most ...

With a seemingly endless stream of new technologies to help us run our practices more efficiently, it can be difficult to choose the best tools for specific tasks. The more complex the task or ...

We analyzed everything from estate planning to retirement income options at some of the larger registered investment advisor ...

In 2024, the CFP Board accredited 179 undergraduate colleges preparing students for careers in financial planning. How is a prospective financial planner supposed to determine which program offers the ...