The Past as Prologue: Wealth Management
Is it possible that historical reference from other industries in the past can be used to gain some perspective of what might happen to the financial services industry in the future?
Read MoreCategory: Markets and Investments
Adapting Your Practice to an Aging Client Base
As a financial advisor, your training and experience prepares you to give great financial planning and investment advice, but it may not have prepared you for the unique challenges working with an aging client may bring.
Financial literacy drops by about 1.5 percentage points every year after age 60, occurring uniformly across sex, wealth, education level and stock market experience. 1
With Baby Boomers now turning 70, the percentage of your clients over age 60 may be at its highest point in your career, and likely heading higher.
Read More
Good Thing, Bad Thing, Who Knows?
Ancient wisdom, those eternal truths discovered by deep thinkers before the Internet and smart phones gave them attention deficit disorder, has much to offer us today.
Read More
Retirement Income Grows Up
In meeting the difficult challenge of sustaining income for a lifetime, the “4 percent rule” that may have governed retirement income strategies in recent years is now giving way to much more complex considerations as industry players and academia gain insight into this brave new world of income management.
Read MoreEducation and Advice Under the New Fiduciary Rule
Understanding when communications and education constitutes a recommendation is imperative to managing fiduciary risk. Examples of some major forms of communication provide clarification.
Read MoreRecent Videos
