Maybe We're All Puerto Rico
Puerto Rico is different. So was Detroit. So are life insurers and annuity issuers, and all 70 million baby boomers ...
Puerto Rico Grabs a Big Hammer, Last Tool in Its Box
The fiscal board Congress put in place may not be particularly friendly to bondholders.
Active Equities’ Broken 1970s Model Needs a Renaissance
What is to be done? Let's start by declaring an end to Modern Portfolio Theory and looking instead to behavioral finance.
My Favorite Retirement Tool
The most important product a financial professional can offer may be awareness.
Problems the Republican Health Plan Doesn't Solve
The author predicts the AHCA premium tax credits would make adverse selection worse.
Keep Longevity From Killing Your Clients’ Retirement
Understand your clients' goals and then build a portfolio to meet their income requirements. Here's an example.
The Senate Holds All the Health Care Cards
The author describes the American Health Care Act bill the House passed as "a hot mess."
Under Clayton’s SEC, Hefty Fines for Inadvertent Errors May Be Status Quo
Two big fines on fund advisors regrading paying 12b-1 distribution fees call into question just how lenient the current SEC is willing to be.
The Boomer Iceberg Is Right Over There
Maybe policymakers in Washington should try to work together to turn the wheel.
Staying Out of the Technology Penalty Box
“Advisors used to be able to avoid the penalties associated with being late adopters of technology; however, that is no longer the case,” Joel Bruckenstein said recently.