Jewelry: A Surprisingly Large, and Vulnerable, Pocket of Client Wealth
Advisors are missing an opportunity to provide added value and attract referrals if they’re not helping clients protect their jewelry collections.
Merrill Trims Fees for Some Clients With Less Than $1M
The cuts could bring charges down to roughly 2.2% of assets, saving clients some $5,000 a year.
Dalbar: Active or Passive Funds? 12 Factors to Consider (Beyond Fees)
Dalbar crunches the numbers and weighs pros and cons of the fund types over time, and the results should surprise advisors and their clients.
Two-Thirds of Americans Aren’t Putting Money in a 401(k)
A dark, detailed new look at why many employees may never be able to retire.
Is It Time to Toast or Roast Rising Wine Prices?
Wine analysts share their views on what is driving higher prices.
Why Former Reagan Official Stockman Sees a ‘Huge’ Trump Correction
“It’s only a matter of days before this whole thing tips over,” David Stockman said.
Top 10 Surprising States With Most Millionaires
Wealth is more concentrated and shifting geographically, according to the annual Phoenix Wealth & Affluent Monitor.
Household Debt Is Rising, but Consumers in Better Shape
Household debt has reached its highest level since the financial crisis but delinquency rates are lower, according to a New York Fed report.
Raymond James Names Top Branch, Complex Managers
The two honored professionals were picked from more than 240 candidates in the employee-advisor channel.
New Robo-Advisor Targets Minority Communities
Finhabits is focused on minority clients because many Latinos and African-Americans don't have retirement funds, says founder Carlos Garcia.