Financial Planning: Great Tool, Bad Product
AUM or flat fees? In the end, a client's financial security is attained by growing investment portfolios, not by the plan itself.
Guggenheim, the SEC and Milken's Shadow
Did the former junk-bond king act as an investment advisor? Regulators seem to have spent two years investigating just that.
Advisors Must Use a 'Gender Lens' to Better Serve Women Clients
The founder of Wealthrive says advisors must approach women's financial needs in a more nuanced manner if they expect to adequately serve them.
Minimizing Excess Roth IRA Contribution Penalties
Clients have options when they mistakenly contribute to a Roth IRA, but timing matters.
Why the Fed Won't Raise Rates Next Month
Looking at the numbers around stocks, oil and commodities, why I doubt the Federal Reserve will raise rates at September FOMC meeting.
Confusing What Just Happened With What Happens Next
Lessons for investors, advisors and traders on how behavioral finance's ‘recency effect’ plays out in the markets and affects market participants.
Star Trek Economics: A Future Free of the Dismal Science
In thinking about the economics of Star Trek, what we’re really thinking about is how to get to economic utopia, Noah Smith writes.
Russia Can’t Help Being a Gold Bug
The dramatic drop in the price of gold makes Russia look like a classic sucker, but it’s not that simple.
Job Market's Signals for the Fed
Just a slight strengthening of labor market conditions (particularly on the wage front) would be enough to increase the probability of a September rate hike.
This Recovery Really Is Different
Credit bubbles are very different from ordinary recession recoveries. Bank crises and the long, slow, painful recoveries are simply not comparable to other business cycles.