A Glimpse of the Future of Annuities
Lower commissions and the continued decline of VAs are among the likely effects of the DOL fiduciary rule and other market forces.
Bogle at ‘65’: Offers Investor Do’s & Don’ts, Shows Market Landscape
Vanguard titan John Bogle talks about the investing wisdom he’s gathered during his 65 years in financial services.
With FutureAdvisor, BlackRock Seeks to Compete With Schwab, Vanguard
BlackRock says its robo offering provides advisory firms, wealth managers and banks a “credible way” to take on Schwab and Vanguard.
Top 15 Cities With Most Multimillionaires
Asia boasts the biggest increases while Russia and Brazil record declines, according to data from Spear’s magazine and WealthInsight.
Advisor-Investor Survey Reveals Top Concerns, Priorities
Investors reveal some concerns that advisors may be missing and also reveal the most important qualities an advisor should have.
Tony Robbins Defends Fiduciary Standard, Role as Financial Educator at Creative Planning
Robbins and Creative Planning’s CIO Peter Mallouk define Robbins’ role as Chief of Investor Psychology; what it means for clients and advisors.
UBS Wealth Unit Cuts Recruiting 40% to Beef Up Advisor Pay
The Swiss-based wirehouse says its plans are part of an overall reorganization and cost-cutting for its American wealth unit.
Social Security COLA Could Be Zero in 2017, Senior Group Fears
Social Security recipients have lost 23% of their buying power since 2000, the Senior Citizens League says.
New Estate Planning Strategies for a Post-Portability World
In particular, if your clients are still relying on credit shelter trusts set up before 2013, beware the adverse tax consequences.
First Steps When a Client Couple Divorces
To begin, don't try to be a referee. And don't be hoodwinked by what appears to be an amiable split: Divorce is heart-wrenching.