In comparing U.S. parenting styles with those of other countries, American-Israeli behavioral scientist Dan Ariely told me we pay a lot for our belief in letting children make their own decisions without lecturing to them about what’s right and wrong. In the rest of the world, he pointed out, kids are still kids for many years after they reach 18: “Italians tell their children, ‘Save 25% of your paycheck,’ and they keep telling them that well into young adulthood.” Even if 25% is too low a number, Ariely added, it’s better than nothing. He believes parental rule-setting can yield positive results, while allowing youngsters to make their own mistakes may have disastrous financial consequences.
These 10 tech experts answer just one question here: Their view of key technology affecting advisors in the short term.
Some reps have also been conducting “electronic sales seminars” on digital channels that were not permitted by their firms, FINRA said.
Your clients are seeing the ads; failing to address the trend could put your relationship at risk, President Trap Kloman tells ThinkAdvisor.
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