5 Challenges Advisors Need to Conquer in Next 10 Years
“Generally, things are pretty good for advisors” right now, Sanjiv Mirchandani of Fidelity says. But the industry's growth picture is more nuanced than it seems.
How Firms Can Add Young Women — and Boost Performance
The benefits of a diverse work force, including young women, are more immediate than securing replacements for retiring advisors.
Managed Accounts Are Underutilized as Retirement Plan Defaults: Towers Watson
Managed accounts are allowed as a qualified default investment alternative in retirement plans, but they face significant challenges preventing them from overtaking target-date funds.
Vanguard: Auto-Enrollment Boosting Retirement Savings
Retirement plan participation is around 75%, up from two-thirds a decade ago, Vanguard reports.
SEC Loses Fraud Case Against Robare Group
Judge dismisses fraud charges related to conflicts of interest against the Houston-based firm.
In Managed Accounts, Packaged Portfolios Beat Advisor-Driven Ones: Cerulli
Packaged portfolios put together by broker-dealer home offices have beaten advisor-driven or open portfolios over the past five years, according to new Cerulli research.
Marijuana Investing: Why Advisors Should Just Say No
Advisors can't in good faith recommend an investment that's still illegal, lawyer David Welch says, but they can help position clients for eventual legalization.
Monthly Client Calls May Be Too Much: Study
SEI’s latest Futurewealth research addresses how frequently high-net-worth investors want to communicate with their advisors and what they want to talk about.
Women Have More Positive Experiences, Negative Emotions About Retirement
Women have more positive experiences in retirement but are also more stressed than men, according to a recent study by MassMutual Retirement Services.
Early Retirement Not Just for the Wealthy
More than a quarter of workers plan to retire before 65, according to data from Allianz. And it’s not just high earners.