Self-Directed Investors Increased ETF Allocations
Self-directed investors are opening up to ETFs in their retirement accounts, an analysis by Schwab found.
NARAB II Bill Would Help Retirees Keep Advisor When Moving Out of State
IRI says there is unprecedented support for the bill, which would establish an insurance licensing clearinghouse for financial professionals operating in multiple states.
The Secret Sadness of Retired Men
As an advisor to retirees, you may be a witness — and sometimes an unwitting accessory — to lives whose joy is sapped by depression.
Think He's Depressed? Ask His Wife
A male client's wife or partner may sometimes confide her concern to you that he is depressed, noted Terry Real, a family and couples therapist in Arlington, Mass., who focuses on men's issues.
A Quick Guide to Assessing Mental Health
Alan Berman, executive director of the American Association of Suicidology, recommends three steps for an advisor to follow in gauging the mental well-being of an older male client.
Sad Men: The Statistics of Suicide
In 2010 (the latest year for which national data is available), the suicide rate in the general population was 11 per 100,000, according to Health.com. Among older men, the suicide rates were:
Want to Add 130 Bps to Your Clients’ 401(k) Returns? Educate Them
A National Bureau of Economic Research working paper has found that investors who are the most “financially knowledgeable” earn 130 basis points more in risk-adjusted annual returns in their DC retirement plans than “their less sophisticated” peers.
Swiss Firm Brings Together Science, Application in Behavioral Finance
“Prior to the crisis, it seemed there was a belief that a customer in Switzerland is the same as a customer in China, but this is not at all the case for a number of reasons,” Hens said.
How to Fix Social Security Claiming Mistakes by Clients
Too many advisors avoid Social Security planning, but helping clients correct a mistake will lead to increased trust and more referrals.
TDFs Lead Investment for Small-Plan Retirement Savers
Target-date funds are the overwhelming favorite among participants in professionally managed investments, a report released Tuesday by Vanguard found.