Delayed Gratification a Risky Move for Investors
Not only do most people want instant gratification, they also believe that waiting too long for something implies greater risk, says researcher Michael Bixter.
Vertical Management Systems Partners With Envestnet | Retirement Solutions
They will offer end-to-end retirement recordkeeping services to advisors through ERS’ integrated retirement model.
Advisor Comp Grids Encourage Conflicted Advice, Consumer Advocates Say
Financial firms want to kill the DOL's fiduciary plan “in order to preserve their toxic and perverse compensation practices,” the Consumer Federation of America says.
Why Income and Patience Matter to Advisors — and Clients
From the products sold to the technology used to the clients served, advisors today are working in a much different environment.
When Surrender Leads to Success
In June, the U.S. Tax Court concluded that the owner of a private placement life insurance policy retained sufficient control over the assets in the account to be treated as the owner for federal income tax purposes.
The prevailing tack for selling annuities is the same type of shifty pitch on which every Ponzi scheme is premised, according to top money manager Ken Fisher.
Experts: ‘Post-DOL World’ Is Coming
The FSI left attendees of the Financial Advisor Summit with a sober reminder of what lies ahead: a final version of DOL's new fiduciary rule is expected in early 2016.
$30K in Student Loan Debt Could Mean $325K Less in Retirement
The under-35 age group has more than tripled its education debt since 1989, LIMRA says; pre-retirees and retirees also hold significantly more education debt today.
Optional Death Benefits Broaden Investment-Only VAs' Surge
Unlike sales of most other variable annuities, IOVAs are gaining steam, and some have optional death benefits.
Giving Back Has Made This 41-Year-Old Billionaire Less Popular
After making $4 billion, ex-Centaurus Advisors manager John Arnold closed his fund, grew a beard and started a foundation. So why do people dislike him?