Fifth of Boomers, Gen Xers Struggling to Move Forward After 2008 Crisis: Survey
The 2008 market crash continues to haunt a broad swath of Gen Xers and baby boomers particularly one traumatized group Allianz Life has termed “post-crash skeptics.”
What Small-Business Owners Need Most From Advisors
Advising small-business owners is complex but can be lucrative, Dan Prisciotta of Lincoln Financial says.
DOL ‘Flexible’ on Fiduciary Rule, Perez Says
“We are very flexible in how to get this [fiduciary rulemaking] done,” Labor Secretary Perez told a Senate panel. “We haven’t made any decisions yet.”
What Do Advisors Really Do Anyway?
It’s not clear to me why many proponents of transforming the independent advisory world into “flat fee only” often talk as if they are completely unaware of the many client benefits of an AUM fee model.
CFTC Promotes SmartCheck Week to Fight Financial Fraud
Why investors should do background checks on the people they invest with.
Personalized Portfolios Are Under Attack
Robo-advisors and target-date funds are lulling investors into a "fairyland view of investing," and only human advisors can save them, Ron DeLegge says.
American Century Adds LPL Exec; Lucia Grabs First Allied COO
Adam Sokolic has joined the mutual fund firm, while Tiy O'Neal is now with Lucia Securities.
Keeping Up With the Robo-Race
Efforts to help advisors beat back potential competition from robo-advisors continues this year with two recent offerings—one born of a collaboration between Vanare and NestEgg Wealth, and another from social media company Hearsay Social.
Obama Endorses DOL Fiduciary Redraft, Girds for Fight
“If you want to give financial advice, you have to put your clients’ interest first,” Obama said Monday, blasting “backdoor payments” and high fees.
Hearsay Social Wants to Help Advisors Predict Client Behavior
The Predictive Social Suite will monitor social media and other channels for "signals" of events in clients' lives that often lead to buying decisions.