Protecting the Wealthy New Kids on the Block
The traditional hierarchy of younger people working for older people has flip-flopped, but many young entrepreneurs are not adequately protecting their present and future well-being.
Why the Industry, and Consumers, Need Best Practices for Financial Advisors
Consumers need to know who they are working with and what they can expect from their advisors at all times.
Advisors, Consumers Need More Information on Long-Term Care Planning
Long-term care planning is a struggle for advisors and investors, a survey released recently by Lincoln Financial found.
Funeral Homes Leave Families in the Dark on Prices
Consumer groups found a wide range of funeral prices — from over $2,500 to almost $14,000 — and are pushing for more price transparency.
Advisor Admits to Stealing Nearly $2M From Elderly Clients
The former president of Coastal Investment Advisors in Delaware used the money to pay for a golf club membership and private school, the SEC says.
Top Portfolio Products: CNL and KKR Form Business Development Company
Meanwhile, Eaton Vance's Parametric unit added factor investing strategies.
Among Affluent, Millennials Have More Assets Than Gen X: Cogent
A Cogent Reports webinar on Thursday provided a look at affluent investors, particularly millennials, and how they invest.
FINRA’s Ketchum: 3 Top Exam Priorities for 2016
Every year in Q1, FINRA publishes a letter about its regulatory and exam priorities. On Thursday, CEO Richard Ketchum offered a preview for 2016.
Why the Fed Should Raise Interest Rates This Year: UBS Economist Drew Matus
Zero interest rates don't work when so much of the population is approaching retirement, says Matus.
FINRA Proposes Rule for BDs to Help Stop Elder Fraud
BDs would be required to obtain a trusted contact for an elderly customer’s account; empowered to put holds on fraudulent-looking transactions.