I've yet to meet an advisor who I wished had written a book.
An investor’s allocation to stocks and bonds is often the most consequential investment decision he or she will make. But the practice of translating investment risk into a stock to bond ratio is fraught with misunderstanding.
The economic calendar is light. Most of the “financial” news flow relates to non-core stories. Of the various geo-political themes, there is one that is most significant for investors.
Kudzu invaded the South, obliterating the healthy and attractive vegetation carefully planted by homeowners. Variable annuity owners are likewise being strangled by excessive fees.
How should you approach a casual acquaintance and open the dialogue about working together?
Advisors providing retirement recommendations will find it helpful to use a graphical approach to show the year-by-year progression of funds available during retirement.
Some new developments in Washington and recent court rulings have implications for those saving and investing for retirement. Drew Carrington, head of Institutional Defined Contribution at Franklin Templeton Investments, along with Michael Doshier, head of retirement marketing, examine the status of the Retirement Enhancement and Savings Act (RESA) and what it might mean for both plan sponsors and participants.
The economic calendar has several of the most important reports. The managerial rosters will be back at full strength, perhaps after an extra day or two off. Investment committees will consider implications from Q1 results. Pundits will try to explain what it all means.
They call themselves fee-based, dual-registered or hybrid advisors, but I’ll call them “part-time fiduciaries.” Don’t hate me for this, but I recently referred my close friend to one of them. Despite the bombardment of propaganda from fee-only RIAs, these part-time fiduciaries are pretty good.
David Lau is the founder and CEO of DPL Financial Partners, a firm focused on the distribution of commission-free insurance products geared toward the RIA and fee-based advisor channel. In this interview, he discusses his suite of products and related services.