FPA has appointed Dennis J. Moore, MBA, CFP®, as its CEO to succeed Patrick D. Mahoney, who died in February. Moore, a longtime FPA member and former president, has been interim CEO since Mahoney's passing and was selected following a thorough search process. He steps into the role at the organization's 25th anniversary, with a focus on innovation and enhancing member experiences over the next 25 years.

Women could receive $30 trillion in inheritances from baby boomers by 2030, according to McKinsey, but they may face unique retirement challenges as a result of longer life expectancies and other factors. There are significant opportunities for professionals to add value, as LIMRA research suggests that women are less likely to be confident about achieving their desired retirement lifestyle.

Divorced parents face unique challenges when applying for college financial aid for their children. A recent change to the Free Application for Federal Student Aid redefines the custodial parent as the one who provides the most financial support, rather than the one with whom the student lives the most. This can complicate matters, especially if the custodial parent remarries, as the new spouse's finances must be disclosed.

Stephanie Ackler, president and co-founder of AKD Wealth Partners, discusses the "capacity crunch" faced by financial advisers at the Women Advisors Summit in New York City. Ackler emphasizes the importance of transitioning from a solo practitioner to a team leader to manage increasing client demands and regulations. Her growth strategy focuses on people, portfolios, processes, and positioning, highlighting the necessity of building a strong support team and strategic delegation to prevent burnout and ensure sustainable growth.

The optimal use of artificial intelligence in finance comes from a partnership between human expertise and artificial intelligence, writes writes Glenn L. Friedman, CEO of Prager Metis. Rather than replacing finance professionals, AI is positioned as a sidekick that handles repetitive, data-intensive tasks, allowing humans to focus on ethical decision-making, strategic insight and relationship-building, he writes. Successful AI adoption depends on carefully integrating technology with human skills and selecting advisers who can facilitate this collaboration.

September's consumer price index rose 0.3% from August and 3% year over year, according to the Bureau of Labor Statistics. In light of third-quarter inflation data, the Social Security cost-of-living adjustment will be set at 2.8% for 2026.

With the Federal Reserve's recent rate cut and another potential cut being announced Wednesday, many financial advisers are reassessing investment strategies. Brian Brady of Obermeyer Wealth Partners recommends locking in US Treasury bonds with maturities of three to seven years, while Victoria Trumbower of Trumbower Financial Advisors suggests a defensive approach with bond ladders.