Milevsky Sells Firm to Cannex, ‘Bloomberg Terminal of Annuities,’ Then Joins It
The professor tells ThinkAdvisor about the sale of his QWeMA Group consulting firm to retirement income data provider Cannex.
Most Americans Need More Life Insurance: Nationwide Financial
A survey by Nationwide Financial found 98% of Americans with a spouse, domestic partner or dependent are underinsured to the tune of $1.2 million.
Are Financial Planners Failing to Set Themselves Apart?
While many advisors may not realize it yet, the mantra of providing personal, customized financial planning by an experienced CFP is no longer a differentiator...
The ‘Cost’ of Fiduciary: Those Wacky Folks at NAIFA Are at It Again
A standard that requires retail advisors to put their clients’ interests first is not about costs; it’s about protecting investors.
NARAB II Bill Clears Senate Banking Committee
The bill would establish the National Association of Registered Agents and Brokers, a nonprofit, independent board to provide a mechanism for multistate licensing for insurance producers
Premium Care: Why Specialty Insurance Carriers Make Sense
When the financial crisis hit, consumers trying to cut expenses turned to cheaper homeowner’s policies from standard carriers. However, when Hurricane Sandy arrived, some who lost homes and possessions found that economizing might have been penny wise but pound foolish.
Newly Wealthy Often Overpay to Be Underinsured
They often fail to adjust their insurance programs as they accumulate wealth, according to research released Tuesday by ACE Private Risk Services.
Trusts and LLCs: Smart Ways to Transfer Wealth and Risk, but Mind the Details
There are many intelligent reasons to transfer high-value assets to a trust or LLC, but there’s a devil lurking in the details, specifically the insurance considerations.
Are All Your HNW Clients’ Assets Disaster-Ready?
Recent investing decisions by the affluent, and increasingly unpredictable weather events, highlight the need to evaluate clients’ specific risks, and transfer these exposures via appropriate insurance coverage and financial limits.
What’s the Difference? IMCA Defines Wealth Management vs. Financial Planning
Survey finds "wealth manager" is far more than just a fancy label for advice.