Protecting the Wealthy New Kids on the Block
The traditional hierarchy of younger people working for older people has flip-flopped, but many young entrepreneurs are not adequately protecting their present and future well-being.
Top Portfolio Products: Direxion, SSGA & Van Eck Add ETFs
Morgan Stanley launches a green bond, while Franklin Templeton introduces a new target date fund.
Financial Advisors Don’t Care About Millennials, and the Feeling Is Mutual
They prefer their clients old and rich—but that can’t last long.
Deferred Income Annuities’ Flex Pay Appeals to Younger Investors
DIAs can provide protection against longevity risk through guaranteed income products that have previously been unattractive to the younger client.
Young Investors Don’t Want Advisors Who ‘Mirror Them’: Securities America
Gen X and Gen Y want experienced financial advisors and are willing to work with their parents’ FAs, the IBD said at its conference.
Top 25 Best Cities for Millennials to Live
For financial advisors looking for hotbeds of up-and-coming clients, check out these rankings from Niche Local.
Revolutionizing Advice, Pt. 2: Transforming the BD Advisor
The nature of the advice investors demand is changing, as are investors and advisors themselves. In the conclusion of this two-part series, how broker-dealers can transform their advisors to benefit from Advisor 2.0.
Advisors Are Growing as Pessimistic as Their Clients: MFS Investment Survey
Financial advisors have grown 'decidedly more pessimistic' about the U.S. economy in 2011, closing the gap that existed earlier in the year between advisors and their clients, says a new MFS survey.