3 Reasons to Avoid an IRA Rollover
Ahead of DOL’s final fiduciary plan, advisors need to brush up on the technical aspects of rollovers, which are not always in clients' best interest.
William Sharpe: The First Robo—The 2015 IA 35 for 35
Bill Sharpe’s Financial Engines might be called the first robo-advisor.
Chuck Schwab: Slaying Wall Street Dragons—The 2015 IA 35 for 35
Schwab’s values-driven management helped create a firm that made investing more accessible.
Moshe Milevsky: Big Change Is Coming—The 2015 IA 35 for 35
The next generation of advisors "may have very different skill sets in 30 years than their mentors do now," Milevsky says.
Retirement Plans Paid $820M After Failing Nondiscrimination Testing
More than 54,000 401(k)s failed nondiscrimination tests and were required to return $820 million to participants, according to an annual study by Judy Diamond Associates.
10 Worst States for Military Retirees: 2015
The average enlisted servicemember retires from military duty at 43, and many have trouble re-entering the work force.
10 Best States for Military Retirees: 2015
WalletHub ranks the best states for former servicemembers based on their economies, quality of life and health care.
George Kinder: Life Planning Is the Future—The 2015 IA 35 for 35
"It's really impossible to be a fiduciary without being a life planner," Kinder says.
Clients Want Personalized Service, Not Just Returns: Hartford Funds
Advisors need to create context for wealth and what it means for clients' retirement lifestyle, a survey found.
Daniel Kahneman: Father of Behavioral Finance—The 2015 IA 35 for 35
Behavioral finance has become widely accepted in financial planning circles as the industry recognizes that sometimes perfectly intelligent clients do very stupid things.