Behavioral Finance
Read about the behavioral finance factors that affect clients and that help advisors tailor the best financial plans and portfolio strategies for investors.
Americans' Financial Security Rebounds to Highest Level Since June
By Staff WriterAmericans' feelings of financial security are at their highest level in six months, according to Bankrate.com's December Financial Security Index.
December 20, 2011
The Myth of Financial Literacy: Most Consumers Don’t Want ItWhy blaming consumersand your clientsfor their lack of financial literacy is a red herring. Oh, and a suggestion to the SEC on what its primary job should be...
December 15, 2011
FSI Elects 2012 Board; Joe Russo Is First-Ever Advisor Named ChairJoe Russo is the first advisor ever elected chair of the independent BD organization. Larry Roth was elected vice-chair of FSI, and there are now four advisors on the 2012 board.
December 14, 2011
Christopher Hilger to Lead Securian Financial GroupSecurian says that Hilger, 47, will report to Chairman and CEO Robert Senkler, and will be accountable for all of Securians insurance businesses and its Information Services technology division.
December 12, 2011
Genworth Financial, Pacific Life, W&S Financial Group, Jefferson National Debut New ProductsTwo new index annuities from Genworth Financial, SecureLiving Index 7 and SecureLiving Index 10 Plus, are single-premium, fixed deferred annuities that offer index-based and fixed interest crediting strategies.
December 08, 2011
Senate GOP Blocks Cordray as Head of Consumer BureauThe Senate fails to move forward nomination of Richard Cordray as first director of the Consumer Financial Protection Board; GOP says director will wield too much power and that CFPB is unaccountable to Congress.
December 06, 2011
Broker-Dealer Pacific West to Close Its DoorsIn a further sign of economic and legal trouble for the independent broker-dealer space, Pacific West Financial Group, based in Renton, Wash., announced it was discontinuing operations.
December 06, 2011
CDA: Consumers KnowOrdinary people think disability is more severe and less common than it is, but they understand that it can strike anyone, a disability group says.