Advisors Sharply Increase Use of Options for Clients: OIC
Responding to clients' "insatiable need for income," advisors across all channels have increased their use of options, according to the Options Industry Council.
Hispanics Seek More Financial Knowledge
Growing up with little to no financial education, Hispanic investors today say they are hungry for more investment knowledge, according to a Wells Fargo survey.
HNW Women Embrace Alts
HNW women allocate a larger portfolio share to alternative investments than men do, MainStay found.
Affluent Investors Put Their Hobbies Into Their Portfolios
Many Americans have a hobby. If they are well off, they are likely to combine this activity with investing.
On Same-Sex Couples’ Money Matters, Confusion Reigns
Many same-sex married couples don’t talk about money, and many need advice on new laws, Wells Fargo says.
Two-Thirds of Investors Want More ETFs, Schwab Says
ETF Investor Study by Schwab found that while investors know more about ETFs this year than last, they still seek more knowledge.
Recession Taught Millennials Importance of Saving Now
While millennials are well aware of the importance of saving for retirement, many cannot afford to do so, a Wells Fargo survey found.
Advisors ‘Struggling’ to Get Most Out of Social Media as Its Popularity Grows: Study
Advisors’ attitudes toward social media are changing for the better, but few are maximizing its business-growing potential, according to American Century.
American Investors Bullish on U.S. Equities
Eighty-six percent of affluent U.S. investors were optimistic about investments, according to a Legg Mason survey published this week.
Americans Confident on Taxes but Clueless in One Big Area
Although many taxpayers confidently prepared their own returns, they felt less smart about tax-efficient investing, a BMO Harris survey found.