Toward a Workable Fiduciary Standard for Brokers: The 7 Questions
To tell if brokers are really acting like fiduciaries, ask these seven questions about a client's portfolio to check for possible broker abuses.
‘Living Inheritance’ Could Hurt Retirement
A report by HSBC identified a “living inheritance” trend among Americans, as 43% of retirees said they were providing regular financial support to another person.
Many Millionaires Say No to Advisors on Retirement Planning
Almost one-third of millionaires nearing retirement have never consulted an advisor because they feel they can do better on their own, a Deloitte survey found.
Clients’ Top Retirement Worry Is Going Broke: AICPA
Americans worry most about running out of money in retirement, according to a survey released in April by the American Institute of CPAs.
Health Care Tech Not Just for Doctors
As digital health care technology becomes more advanced, there's a growing delineation between clinical-focused technology and devices that focus on health and wellness.
Will Low Returns Wreck Retirement?
A challenging environment for asset returns demands new thinking.
What Do Gundlach and Goldman Really Think of Advisors?
A conversation between two asset managers, Jeffrey Gundlach and Goldman's Kent Clark, had some revealing takeaways for advisors listening closely enough.
Military Retirement Overhaul Calls for DC, DB Blend
Lawmakers are debating major reforms to the military retirement system, proposing a new system combining the current defined benefit plan with elements of a 401(k).
Is Your Client a ‘How’ or a ‘Why’?
Advisors encounter a broad spectrum of personalities, but I've found that most clients fit into one of two categories: the “hows” and the “whys.”
A 401(k) Plan With Real-Life Behavior in Mind
The Dream Forward plan, to be launched for the public soon, shows participants how to balance retirement savings with short-term goals.