Retail investors are frequently subjected to lies from brokers who sell muni bonds, says well known advisor Rick Edelman. So reports Financial Advisor.

With nearly $4 trillion in assets under management, BlackRock, Inc. expects to form an RIA advisor council that will help the firm better understand how to serve advisors, reports InvestmentNews.

New Hampshire, with one financial planner for every 2, 633 residents, has the highest number of planners per resident, compared with only one for every 15,703 residents in Virginia, which has the lowest number, reports Financial Planning.com.