Client Outreach
The latest news and advice about successful client communications, including the best methods and strategies for financial advisors.
Highmount Capital to Open Amsterdam Office
By Michael S. FischerHighmount Capital, a multi-family office based in New York and Boston, plans to open an office in Amsterdam by September and to add offices in London and Switzerland over the next year.
August 12, 2010
Morningstar Fund Flows for July Show Investors Shunning U.S. StocksInvestors continue to shun U.S. stocks and are increasingly putting their money into funds that feature bonds, commodities, and alternative investments, according to the latest research from Morningstar.
August 09, 2010
FPA, CFP Board, Others Join for College Financial Planning ChallengeThose who remember College Bowl days will find a few similarities in the competition launched under the auspices of the FPA, the Academy of Financial Services, Ameriprise Financial, and the CFP Board.
August 09, 2010
Morningstar Study Says High Fees Are Bad for Investment PerformanceA Morningstar study of the impact of mutual fund fees shows that lower-expense funds outperform higher-expense funds--and expenses are a better predictor of future returns than Morningstar's own star rating.
August 09, 2010
NAIC to Investigate Insurers Over Deceased Veterans' BenefitsThe National Association of Insurance Commissioners will establish a working group "to examine a life insurance claims settlement practice involving the use of retained asset accounts." Of particular concern to the group is consumer disclosure.
August 09, 2010
Geithner: Social Security Payments Exceed Revenue for 1st TimeThe Boards of Trustees for Social Security and Medicare released their annual financial status reports on the two programs
August 06, 2010
U.S. Jobs Held Flat in July; 9.5% Unemployment Rate UnchangedThe number of jobs fell by 131,000 in July, leaving the U.S. unemployment rate flat at 9.5% compared to June and the number of unemployed persons unchanged, the Labor Department reported Friday, Aug. 6.
August 06, 2010
CFP Launches '25 Tips Over 25 Weeks' Consumer Financial Planning InitiativeThe Certified Financial Planner (CFP) Board of Standards is commemorating its 25th anniversary with a "25 tips over 25 weeks" consumer advocacy program.