Want to Add 130 Bps to Your Clients’ 401(k) Returns? Educate Them
NBER study by Olivia Mitchell and others finds professional advice is no substitute for financial knowledge when it comes to workers' DC plan returns.
Old Normal Returns as PIMCO Sees ‘New Destination’ for U.S. Growth
PIMCO’s Bill Gross sees a good year ahead. The bond firm's new leaders say stagnation is not the new norm, and a passle of economists agree.
The Perfectly Dangerous Thing Your Clients Want
What a Michelle Pfeiffer photo shoot can teach advisors about their clients.
Second Thoughts: Making Better Decisions
When messages from a client's rational and emotional minds are contradictory, we need to arrive at a resolution that integrates them.
Why Monetary Easing Won’t Help Japan
Japan’s new leader, Shinzo Abe, will take the helm of a country in recession, with business confidence near three-month lows and the highest debt-to-GDP ratio in the OECD.
New Hire Roundup: LPL Financial Welcomes Lochan
This week in new hires, Brendt Stallings and Husam Nazer joined DoubleLine, the MSRB board announced that it is looking for a few good applicants, and Citi named two new co-presidents.
Running Out of Money
It is a major fear for many Americans. In fact, there is excellent research to support the idea that Americans fear running out of money in retirement more than they fear death.
Beyond the Ivory Tower
For three decades, Jim Poterba has studied how taxation affects household and business decision-making. The big takeaway for financial advisors: one size does not fit all.
The End of Growth?
While Americans may regard a rising standard of living as their birthright, a provocative new academic paper suggests economic growth may be a thing of the past.
Five Good Questions for Michael Kitces of Pinnacle
The portfolio expert shares his views on wealth management, the 4% rule and a variety of other financial-planning hot topics.