Getting Clients to Follow Your Advice: The Overspending Retiree
Olivia Mellan and Kol Birke on what to do when your now-retired clients spend much more than you—and they—planned to spend.
How to Get Clients to Follow Your Advice
It’s one thing to give good advice — another to get clients to follow it. Behavioral finance experts Olivia Mellan and Kol Burke offer techniques.
Michael Branham: Proponent, and Beneficiary, of FPA NexGen
FPA’s president is an unabashed cheerleader for NexGen group’s current reality and future promise.
FPA CEO Schadle Says Membership Has ‘Stabilized’
She reported an uptick in CFP holders renewing their FPA membership as the group continues to focus on finding “operational efficiencies.”
Evidence Over Ideology
In the words of the great Benjamin Graham, an “investor’s chief problem – and even his worst enemy – is likely to be himself.”
Portfolio Management: Keeping Retired Clients on Course
Monte Carlo simulations are a significant improvement over forecasting methods that don't allow for variable results. But there's still a potential problem with the analyses.
Give It Up
As Americans pile up wealth, the family foundation