The Fiduciary Rules Channel

Shoot the Ball to Grow Your Practice

Advisors need a shot clock to keep their sales and marketing efforts on point. What if every 24 hours, you have to get a new prospect in the pipeline or your competitor gets a shot at them?

Second Quarter 2018: Unique But Not Different

For much of this recovery and expansion, many have opined that this economic cycle would ultimately end very differently than those of the past. We have resisted this narrative and instead explained our belief that this cycle will indeed follow the same path and end like all others.

The Staggering Disconnect Between What Clients Want and What Advisors Think

If your brand is failing to connect with affluent prospects, here’s a glimpse inside their minds.

Is All-Passive Really the Best Thing for Target-Date Funds?

With market returns expected to be lower going forward, target-date funds that invest in passively managed underlying components are at risk of underdelivering. We think diversifying beyond traditional asset classes and tapping alpha opportunities with a multi-manager structure can increase the chances of success.

Disrupted Retirement: Is the US Facing a Crisis?

On our latest “Talking Markets” podcast, we listen in on a panel of experts discussing the potential US retirement crisis and the fear factors surrounding retirement disruption.

Weekly Unemployment Claims: Down 18K from Last Week

This morning's seasonally adjusted 214K new claims, up 18K from the previous week's revised figure, was below the forecast of 226K

Robo-Advisors are not Robo-Planners. Yet.

There are large swaths of the financial planning landscape that can – and should – be both automated and integrated in such a way to which robo advisors aspire, but do not yet currently deliver.

The Ratio of Part-Time Employed: June 2018

Let's take a close look at Friday's employment report numbers on Full and Part-Time Employment. Buried near the bottom of Table A-9 of the government's Employment Situation Summary are the numbers for Full- and Part-Time Workers, with 35-or-more hours as the arbitrary divide between the two categories. The source is the monthly Current Population Survey (CPS) of households. The focus is on total hours worked regardless of whether the hours are from a single or multiple jobs.

Why Advisors Need To Act as Fiduciaries to Each Other

We need to help each other as regulatory pressures increase and the growing appetite for new financial technology solutions are striving to replace financial advisors.

The SEC is Failing to Serve Retail Investors

The Securities and Exchange Commission has proposed new rules for advisors and brokers. The rules purport to clear up investor confusion with new disclosures and raise the standard for brokers. Unfortunately, they lack both the clarity and enforcement muscle to be effective.

NewsLetter - June 2018

Harold Evensky's most recent NewsLetter.

Advisors Must be Their Own Fiduciaries

There’s an incredible paradox in wealth management: Successful advisors help clients plan for retirement. But many of those same advisors lack a solid retirement plan for themselves.

The evolution of Vanguard Advisor’s Alpha®: From portfolios to people

Steps financial advisors can take to build deeper trust with clients as change occurs within the financial advice industry.

CEO View: What’s Changed 10 Years After the Global Financial Crisis?

At Franklin Templeton’s recent Global Investor Forum in New York, our CEO Greg Johnson participated in a panel discussion with three other CEOs in the financial services industry: James Gorman of Morgan Stanley; Jay Hooley of State Street and Barry Stowe of Jackson National Life.

In the Know: A Q&A on the Latest DOL Fiduciary Rule & SEC Proposal Developments

To say activity in Washington is being closely followed would be an understatement, with the consensus view that the Department of Labor’s Fiduciary Rule is all but officially vacated, and a recent proposal from the Securities and Exchange Commission (SEC) is in the middle of a 90-day comment period.