On Wall Street

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• Cover Story

• Healthcare on the Critical List

  By Rick Kahler

  Costs are rising like a bad fever and reform, if it gets here, may not be enough of a cure. Here, noted financial planner Rick Kahler examines treatment options-and what you need to discuss with clients.

• Features

• Long-term care is taking off... REALLY?

  By Stacy Schultz

  Insurance executives say that the recession could push long-term care into a central role in clients' retirement plans. But the next obstacle is making sure clients receive the benefits they need at a cost they can understand.

• Medicare: Change is Coming

  By Donald Jay Korn

  New Medicare supplement programs and funding cuts for Medicare Advantage private plans mean it's time for older clients to review their healthcare planning.

• Columns

• Set Up for Succession

  By Deena Katz

  Before you can step back from your practice, you have to prepare for someone else to step in. That will require looking at it in a new, dispassionate way.

Industry Insight

• Deja Vu All Over Again

  By Bob Veres

  Just as modern portfolio theory emerged from the ashes of Black Monday, the Great Recession might spur the development of new tools and strategies.

The Elite Advisor

• Delegate It!

  By John J. Bowen, Jr.

  For some successful advisors, outsourcing tasks to independent contractors is preferable to using large organizations.

• Industry

• The Philosopher

  By Donna Mitchell

  George Kinder has pulled the financial services industry closer to his holistic world view. Now he's taking his message global.

Fund Manager

• Bank On This

  By Ilana Polyak

  David Ellison is back into financials after sitting on the sidelines during the meltdown.

• Derivatives Return

  By Paul Menchaca

  They've been derided by Warren Buffett and feared by regulators, but some advisors are convincing clients that derivatives are helpful.

• Departments

My Word

• Breaking Point

  By Vitaliy Katsenelson

  The government was right to save banks deemed too big to fail. Now it's time to cut these institutions down to size.

The Portfolio

• Keep the Bulls Running

  By Robert Isbitts

  With an adaptive approach, positive returns can be found in any market environment.

• Size Matters

  By Craig L. Israelsen

  Most equity mutual funds are large caps, and most stocks are small caps. So the two don't perform in lockstep, and 2009 was no different.

The Practice

• Making the Move

  By John F. Wasik

  Knowing when-and how-to relinquish control is key to a successful succession.

• Full Disclosure

  By Brian Hamburger

  New privacy regulations will change the way you handle client data-and most likely not for the better.

• Step One: Analyze

  By Donald B. Trone

  Implementing the first part of a fiduciary investment process will require clear objectives and definitive roles.

• Out of Touch

  By Dan Moisand

  Social media allows for quick, short bursts of information. But brevity and speed can distort a message. Here's why I refrain.

The Client

• Planning Without Fear

  By Carl Richards

  Financial anxieties may be paralyzing your clients-and you. One tactic to break free is to abandon the idea that you can plan.

• Impulse is Bliss

  By David E. Adler

  Older but wiser? Don't count on it. New brain research shows exactly how much help sixtysomethings need with financial decisions, and it's a lot.

• Good, But Not Great?

  By Donald Jay Korn

  While health savings accounts have many virtues, what financial planners don't know about them can be costly to clients.

Data

• Cautious Confidence

  By Donna Mitchell

  Equity ETFs are on a great run, buoyed by investors' faith in the recovery. But they will have to share the spotlight with safety funds.

• High Net Worth

Practice Profile

• Renaissance Man

  By Jim Grote

  With financial agnosticism and a touch of folksy charm, Ross Levin has built his planning practice into a major industry force.

• Aging Matters

  By Martin Shenkman

  As clients grow older, they also become more vulnerable to exploitation. Here's how you can help protect them, both financially and personally.