A Morgan Stanley financial advisor who is allegedly responsible for the theft of data for 350,000 clients has been fired from the firm. So reports Reuters.

The Certified Financial Planner Board of Standards has created the Women’s Initiative Council, which will identify reasons for why more women don’t pursue financial planning careers and take actions to encourage more females to become advisors. So reports insurancenewsnet.com.

Investors suffering from cognitive decline often become over-confident, which can make it difficult to convince them to get help with their finances. The best strategy is to take action before clients’ mental acuity weakens. So reports U.S. News & World Report.

For financial planners, questions such as “How is business?” may prompt a canned response, but crafting an answer that emphasizes the value that advisors deliver can turn such situations into powerful prospecting opportunities. So reports WealthManagement.com.