Here are six steps to implement multiple niches, bring in new clients, and accelerate their growth goals.
No advisor would dream of engaging in the kind of behavior that occurred at Purdue University in early December.
A recession is two consecutive quarters of economic contraction.
If you are competing with the best of the best, how do you rise above the competition?
Paying down student debt or saving for retirement can seem like mutually exclusive goals. A little-known workplace benefit could soon allow more workers to do both.
Word is out among hedge fund managers on how to get tax breaks for giving to charity - without actually handing over their money just yet. They can even keep it in their funds.
The problem with speculation is that there’s usually a gap between the underlying risk and the inevitable outcome.
Behind the five-decade low US unemployment rate of 3.5% lies a 2.6 million-person mystery.
Advisors must redesign their entire approach, starting from the client's point of view.
Let me share a story of an RIA who will be forced to mount a legal defense because of a lawsuit that is likely to be filed by two of his retired clients.
In 2022, inflation and interest rates both rose substantially, creating the near-term potential for a recession.
Note: This commentary has been updated with the latest numbers from the latest Employment Report for December. Consider: Today nearly one in three of the 65-69 cohort and one in five of the 70-74 cohort are in the labor force.
I've put together four steps to grow your client base – this month.
Here’s a worthy goal to contemplate for 2023: Reduce stress and anxiety in your life, especially from family. The benefits of achieving this goal are significant.
The California Public Employees’ Retirement System is making a $1 billion wager that small private equity firms without the heft of the biggest buyout institutions can boost the pension giant’s returns and clout.
Healthcare stocks have remained in vogue through volatile markets, driven by increased interest in the sector during COVID-19.
Tight monetary policy and rising government debt will drive a regime of high interest rates, depressing stock prices and destroying the wealth of clients, most severely those at or near retirement.
The $6.5 trillion US ETF industry boomed in 2022 as innovative product debuts and market volatility fueled a near-record number of launches. But the fanfare revealed a major flaw in the space: the lack of women helming the funds.
Build your ladder with multiple target-maturity ETFs representing different segments of the bond market, with different target years.
Even after a year in which the vast majority of the wealthiest Americans lost a chunk of their fortunes — and in some cases, lost big — in at least one way, they’re still coming out ahead.
As we talk with and counsel our clients, they need to have the right emotional attitude about money and investing. And most of those attitudes center on concepts that are central to both investing and life in general.
Relative to the accumulation phase, strategies that mitigate the unique risks faced by retirees in decumulation are less understood and researched. By identifying and illustrating those risks, planners can better prepare clients for retirement.
Contrary to what financial theory predicts, new research from Europe shows that the elderly accumulate assets later in life than expected, likely because they want to leave bequests, are receiving pensions, or are reluctant to part with assets such as their homes.
I’m looking over my previous “trends” article, published at this time a year ago, and some of my ”fearless predictions” were outlandish then but now seem ordinary. That means I did something right.
They don’t make technology predictions like they used to.
Bear markets end with widespread capitulation while a chorus of the stock trader’s prayer (God, if you get me out of this mess, I swear I will never buy another stock) spreads through out the land.
Enjoy the latest Newsletter from Harold Evensky.
Congress is on the verge of passing a bill called SECURE 2.0 to help American workers save for retirement.
The end of 2022 can’t come soon enough for many in the banking industry. Sputtering capital markets, job cuts, raging inflation, the crypto meltdown and rising interest rates marked a year of upheaval.
Grayscale Investments’ proposal to buy out certain holders of its flagship Bitcoin trust is the money manager’s latest bid to stanch losses in a fund that’s been a linchpin in the dramatic rise and fall of the cryptocurrency universe.
Over the years, clients have told me what resonated when I spoke to them. But there have been three situations that go beyond my expertise and ability to be helpful.
Here are nine tips that will help your family members stay healthy and financially secure as they age.
Allan Roth’s recent article, The 4% Rule Just Became a Whole Lot Easier, promises too much, makes inaccurate comparisons and blurs the notion of risk.
Here’s a breakdown of the pros and cons of trading in your traditional bank for a virtual banking experience.
“I have never seen so much bearishness in the market,” Jeremy Siegel said, “which is a great sign for stock investors.”
There are two types of tax-advantaged accounts for saving for college expenses: A Uniform Transfers to Minors Act (UTMA) account and a 529 Plan. While both plans have their differences and advantages, consider both as viable options.
Things are looking up for people who are close to retirement, according to a Morningstar report published Monday.
It’s common knowledge that, for many Americans, the greatest fear is outliving their retirement nest eggs. With retirement having the potential to stretch for decades, it’s no wonder people are worried. But for women, the risk of not having adequate funds for retirement is even greater than it is for men. As advisors, we must understand and address the financial planning challenges unique to women.
The client had been with us for more than 15 years. When she left, I called her to ask if there was anything we could have done differently or better.
One thing to consider when opening a 529 plan is whether it should be a custodial or individual account. While both allow you to save for college costs and enjoy some tax breaks, they differ in terms of who has control of the account and the assets in it.
All states and Washington, D.C. sponsor at least one 529 college savings plan. Some states provide additional tax benefits by letting you make tax-deductible contributions up to certain limits.
We’ve broken down nine of the best 529 plans.
Investment portfolios belonging to retail traders suffered a $350 billion blow this year as big bets on risky stocks and former high-fliers like Tesla Inc. backfired for the mom-and-pop set.
Here are four questions independent financial advisors should ask before choosing a TAMP.
“95 years ago, your crystal ball reveals: Russian debt default, LTCM fail, DotCom implosion, 9/11 attacks, financial crisis and great recession, pandemic killing millions, 3 market crashes. Would you put your money into stocks? No? You missed a 10X return.”
Let’s look at the powerful feature set an advisory firm could put together from a collection of the higher-rated, low-market-share programs and solutions that I’ve collected from past surveys, many of which you may not even be aware of.
Federal Reserve officials have enough worrisome inflation data to consider raising interest rates to a higher peak than investors expect and potentially follow the half-point hike they’ve signaled this month with the same again in February.
Making apartment buildings more energy efficient can mean a massive cost to replace carbon-powered heating and cooling systems — something that’s pretty much out of reach for lower-income communities.
How can advisors turn their clients’ focus from dollars to dreams? How can making a clear connection between their real and financial lives create a meaningful client experience and add value to an advisor’s service?
As we enter the end of the year to celebrate other holidays, consider improving your emotional intelligence (EQ) and connecting with your clients in deeper and more fulfilling ways.
The Twitter chatter of Ford Chief Executive Officer Jim Farley is good vibes only: factory photos, race tracks, corporate boosterism and a lot of retweets of Ford customers gushing about their vehicles. It’s all cars, and it’s all anodyne.
The following is a loose collection of random thoughts and observations on the Russian invasion of Ukraine. Rather than a coherent article, I offer some insights that have emerged as the war has dragged on.
Here are three signals people use to let you know when they are feeling pushed.
Here are three ways you can add value in the context of insurance issues.
If you aren’t willing to niche, at least decide whether you are trying to help your clients thrive or survive. Then build a message around one of those themes. Are you selling them life rafts (survive) or sailboats (thrive)?
If you lose your job, what emotional and professional support should you expect from your financial planner?
The great quantitative easing experiment was a mistake. It's time central banks acknowledge it for the failure it was and retire it from their policy arsenal as soon as they’re able.
Advisors and their clients need to manage pressures they have not seen for 20 years: market volatility, inflation, rising interest rates and potentially higher taxes. With fixed income not holding up as a low-risk part of the portfolio, it is time to look at other strategies to protect client portfolios.
Lifetime annuities in concert with allocations to stocks, TIPS, bond ladders and other diversified investments help retirees weather changing conditions regarding inflation and interest rates.
Despite stubbornly high inflation and recessionary fears, spending by consumers may not slow down as we approach the busy holiday shopping season.
Our annual ESG manager survey of active managers assesses the integration of ESG considerations in investment processes among equity, fixed income and private markets managers, and spotlights firmwide policies, use of data, engagement and integration.
For the first time in years, rich Americans who cheat on their taxes face a growing threat from the Internal Revenue Service.
My guest today will discuss how he works with UHNW/HNW individuals and families when it comes to charitable giving and meeting philanthropic needs. We will talk about the issues individuals should consider when making a gift of a business interest to a public charity. We will discuss the benefits for donors in making the decision to give a gift of a business interest to a public charity, the types of business interests that a donor may give to charity and the trends he’s seeing across his client base when it comes to charitable giving strategies such as this one.
The succession plans that come off with the fewest disruptions are those that are implemented over an extended period, especially when the successors are not family members.
How will you leverage networking’s holiday season grand finale without being perceived as the friend who is desperate for business?
Here are some of the cues that indicate a prospect has accepted what you have presented and want you to move on to the next step.
The overriding story of Vietnam is the triumph of free markets over communism.
What problem could be solved or what issue or challenge could be addressed that would offer wide appeal to the expansive advisor community? The answer that made sense to me was financial education.
Here are some suggestions to consider when remarrying.
There’s a dark side to the traditional Thanksgiving dinner.
How come the focus is always on the leader and never on the team members getting on board and playing their part?
China has a powerful weapon in its rare-earth dominance.
It took 16 months to pay off my husband’s student loans after we got married.
Historically speaking, this phase of life we call “retirement” is a new concept.
The cost of prescription medicine is a constant strain for many Americans.
As veterans of this male-dominated industry, we have faced our fair share of challenges and uncertainty. However, that led us to venture out on our own and start solo planning firms.
When you have radiotherapy for prostate cancer, you need to drink a lot of water so that your bladder is “comfortably full.
There is an adage about three generations of wealth – the first generation makes it; the second generation maintains it and the third generation spends it.
Build a scalable marketing plan that focuses on repurposing your content.
“If the Fed loses its independence, the age of magic money could end in catastrophe”.
Few would disagree that the period from 1870-2010 saw immense technological advancements that improved our quality of life. But, according to Bradford DeLong, far fewer advances lie ahead, and societies should adapt by “slouching” away from a free-market system. He’s wrong on both counts.
This is Advisor Perspectives' fourth consecutive year of ranking ahead of The Wall Street Journal and Bloomberg among the e-newsletters listed, with 14% more readership across the 1,120 financial advisors surveyed. Advisor Perspectives also claimed the number one spot for e-newsletters among the independent registered investment advisor (RIA) segment.
I cannot emphasize enough the importance of including a conversion page in a site build.
Clients often assume that their need for life insurance ends when they stop working. I spoke with Neil Drzewiecki, the head of life products for MassMutual Life Insurance Company, about how whole-life insurance can play an important role in your client's retirement income strategy.
When you plan for exiting your advisory practice, start by asking three questions.
Internal priorities and external circumstances have brought China's growth to an inflection point.
Mortgage rates above 7% have put the housing market on ice as affordability challenges put off a lot of buyers. Newer, younger homeowners who locked in their mortgage at a low interest rate — and whose next move probably would be trading up — are content to stay where they are until mortgage rates fall.
Reg BI is the most divisive issue in the fiduciary discussion and was a focus of the discussion during September’s event.
Did you know that you can become more persuasive by learning how to modulate the tone of your voice?
To ensure your homepage is set up for success, I’ve listed six advisor sites that nailed their homepage messaging through copy and design.
Life Events
An Uncommon Approach to Implementing Multiple Niches
Here are six steps to implement multiple niches, bring in new clients, and accelerate their growth goals.
Lessons from a Deeply Offensive Gaffe
No advisor would dream of engaging in the kind of behavior that occurred at Purdue University in early December.
Recession Fear Investing
A recession is two consecutive quarters of economic contraction.
What it Takes to Be an Elite Advisor
If you are competing with the best of the best, how do you rise above the competition?
How to Save for Retirement by Paying Down Your Student Loans
Paying down student debt or saving for retirement can seem like mutually exclusive goals. A little-known workplace benefit could soon allow more workers to do both.
Hedge Fund Managers Score Tax Break While Keeping Investment Control
Word is out among hedge fund managers on how to get tax breaks for giving to charity - without actually handing over their money just yet. They can even keep it in their funds.
Pushing Your Luck
The problem with speculation is that there’s usually a gap between the underlying risk and the inevitable outcome.
Job Market's 2.6 Million Missing People Unnerves Star Harvard Economist
Behind the five-decade low US unemployment rate of 3.5% lies a 2.6 million-person mystery.
To Deliver a Transformative Experience Think Like a Client
Advisors must redesign their entire approach, starting from the client's point of view.
Will RIAs be Liable for Failed Retirement Income Planning?
Let me share a story of an RIA who will be forced to mount a legal defense because of a lawsuit that is likely to be filed by two of his retired clients.
Equity Outlook: The Times They Are A-Changin’
In 2022, inflation and interest rates both rose substantially, creating the near-term potential for a recession.
Demographic Trends for the 50-and-Older Work Force
Note: This commentary has been updated with the latest numbers from the latest Employment Report for December. Consider: Today nearly one in three of the 65-69 cohort and one in five of the 70-74 cohort are in the labor force.
Four Steps to Grow Your Client Base
I've put together four steps to grow your client base – this month.
The New Year’s Resolution That Will Change Your Life
Here’s a worthy goal to contemplate for 2023: Reduce stress and anxiety in your life, especially from family. The benefits of achieving this goal are significant.
Calpers Makes $1 Billion Bet on Small Funds as New CIO Reshapes Pension
The California Public Employees’ Retirement System is making a $1 billion wager that small private equity firms without the heft of the biggest buyout institutions can boost the pension giant’s returns and clout.
Healthcare Stocks: An Innovative Antidote for Volatile Times
Healthcare stocks have remained in vogue through volatile markets, driven by increased interest in the sector during COVID-19.
Plan for More Wealth Destruction
Tight monetary policy and rising government debt will drive a regime of high interest rates, depressing stock prices and destroying the wealth of clients, most severely those at or near retirement.
Women Rarely Manage ETFs. Meet the Team Looking to Change That
The $6.5 trillion US ETF industry boomed in 2022 as innovative product debuts and market volatility fueled a near-record number of launches. But the fanfare revealed a major flaw in the space: the lack of women helming the funds.
How to Build a Bond Ladder Using ETFs
Build your ladder with multiple target-maturity ETFs representing different segments of the bond market, with different target years.
Inflation Reset Lets Wealthy Americans Give Heirs Even More Tax-Free
Even after a year in which the vast majority of the wealthiest Americans lost a chunk of their fortunes — and in some cases, lost big — in at least one way, they’re still coming out ahead.
Financial Advisors or Life Coaches? Why Not Both?
As we talk with and counsel our clients, they need to have the right emotional attitude about money and investing. And most of those attitudes center on concepts that are central to both investing and life in general.
The Four Unique Risks in Decumulation
Relative to the accumulation phase, strategies that mitigate the unique risks faced by retirees in decumulation are less understood and researched. By identifying and illustrating those risks, planners can better prepare clients for retirement.
The Elderly Keep Accumulating Assets
Contrary to what financial theory predicts, new research from Europe shows that the elderly accumulate assets later in life than expected, likely because they want to leave bequests, are receiving pensions, or are reluctant to part with assets such as their homes.
The Trends That Will Shape the Advisory Profession in 2023
I’m looking over my previous “trends” article, published at this time a year ago, and some of my ”fearless predictions” were outlandish then but now seem ordinary. That means I did something right.
Why the Future of Technology is so Hard to Predict
They don’t make technology predictions like they used to.
The 70% Solution
Bear markets end with widespread capitulation while a chorus of the stock trader’s prayer (God, if you get me out of this mess, I swear I will never buy another stock) spreads through out the land.
NewsLetter - December 2022
Enjoy the latest Newsletter from Harold Evensky.
SECURE 2.0 Act Still Leaves Holes in US Retirement Plans
Congress is on the verge of passing a bill called SECURE 2.0 to help American workers save for retirement.
Recession, Rate Hikes, Diversity- What's Ahead for Banks in 2023
The end of 2022 can’t come soon enough for many in the banking industry. Sputtering capital markets, job cuts, raging inflation, the crypto meltdown and rising interest rates marked a year of upheaval.
Bitcoin's Biggest Trade Goes From Hero Creator to Widow Maker
Grayscale Investments’ proposal to buy out certain holders of its flagship Bitcoin trust is the money manager’s latest bid to stanch losses in a fund that’s been a linchpin in the dramatic rise and fall of the cryptocurrency universe.
Three Situations When You Shouldn’t Advise Clients
Over the years, clients have told me what resonated when I spoke to them. But there have been three situations that go beyond my expertise and ability to be helpful.
Talking with Aging Parents about Health and Wealth
Here are nine tips that will help your family members stay healthy and financially secure as they age.
The 4% Rule Did Not Become a Whole Lot Easier
Allan Roth’s recent article, The 4% Rule Just Became a Whole Lot Easier, promises too much, makes inaccurate comparisons and blurs the notion of risk.
Online Banks versus Traditional Banks: Which Is Best for Your Clients?
Here’s a breakdown of the pros and cons of trading in your traditional bank for a virtual banking experience.
Jeremy Siegel: The Excessive Bearishness is Great for Equity Investors
“I have never seen so much bearishness in the market,” Jeremy Siegel said, “which is a great sign for stock investors.”
How an UTMA Compares to a 529 Plan
There are two types of tax-advantaged accounts for saving for college expenses: A Uniform Transfers to Minors Act (UTMA) account and a 529 Plan. While both plans have their differences and advantages, consider both as viable options.
There's A Little Bit of Good News for Americans Close to Retirement
Things are looking up for people who are close to retirement, according to a Morningstar report published Monday.
Financial Planning for Female Clients
It’s common knowledge that, for many Americans, the greatest fear is outliving their retirement nest eggs. With retirement having the potential to stretch for decades, it’s no wonder people are worried. But for women, the risk of not having adequate funds for retirement is even greater than it is for men. As advisors, we must understand and address the financial planning challenges unique to women.
How Can I Resurrect an Angry, Lost Client?
The client had been with us for more than 15 years. When she left, I called her to ask if there was anything we could have done differently or better.
529 Plans: Custodial versus Individual
One thing to consider when opening a 529 plan is whether it should be a custodial or individual account. While both allow you to save for college costs and enjoy some tax breaks, they differ in terms of who has control of the account and the assets in it.
Which States Have the Best 529 Plans?
All states and Washington, D.C. sponsor at least one 529 college savings plan. Some states provide additional tax benefits by letting you make tax-deductible contributions up to certain limits.
The Best 529 Plans for 2023 and Beyond
We’ve broken down nine of the best 529 plans.
Retail Traders Lose $350 Billion in Brutal Year for Taking Risks
Investment portfolios belonging to retail traders suffered a $350 billion blow this year as big bets on risky stocks and former high-fliers like Tesla Inc. backfired for the mom-and-pop set.
Four Questions to Ask Before Selecting a TAMP
Here are four questions independent financial advisors should ask before choosing a TAMP.
Newsletter Volume 15, No. 5
“95 years ago, your crystal ball reveals: Russian debt default, LTCM fail, DotCom implosion, 9/11 attacks, financial crisis and great recession, pandemic killing millions, 3 market crashes. Would you put your money into stocks? No? You missed a 10X return.”
The Alternative Tech Stack
Let’s look at the powerful feature set an advisory firm could put together from a collection of the higher-rated, low-market-share programs and solutions that I’ve collected from past surveys, many of which you may not even be aware of.
Fed Could Be Pushed by Overheated Wages to Higher Peak Rates
Federal Reserve officials have enough worrisome inflation data to consider raising interest rates to a higher peak than investors expect and potentially follow the half-point hike they’ve signaled this month with the same again in February.
A Heat Pump With DIY Installation Can Decarbonize Public Housing
Making apartment buildings more energy efficient can mean a massive cost to replace carbon-powered heating and cooling systems — something that’s pretty much out of reach for lower-income communities.
Finding Your Clients' Financial Comfort Zone
How can advisors turn their clients’ focus from dollars to dreams? How can making a clear connection between their real and financial lives create a meaningful client experience and add value to an advisor’s service?
Consistently Deepening Relationships with Clients
As we enter the end of the year to celebrate other holidays, consider improving your emotional intelligence (EQ) and connecting with your clients in deeper and more fulfilling ways.
Elon Musk’s Twitter Is Full of People Swearing Off Tesla
The Twitter chatter of Ford Chief Executive Officer Jim Farley is good vibes only: factory photos, race tracks, corporate boosterism and a lot of retweets of Ford customers gushing about their vehicles. It’s all cars, and it’s all anodyne.
Random Thoughts on the Russian War in Ukraine (Hint: It’s Not Going Well for Russia)
The following is a loose collection of random thoughts and observations on the Russian invasion of Ukraine. Rather than a coherent article, I offer some insights that have emerged as the war has dragged on.
Three Signals that a Prospect Feels “Pushed”
Here are three signals people use to let you know when they are feeling pushed.
Three Insurance Tips That Add Value
Here are three ways you can add value in the context of insurance issues.
Are You Selling Life Rafts or Sailboats?
If you aren’t willing to niche, at least decide whether you are trying to help your clients thrive or survive. Then build a message around one of those themes. Are you selling them life rafts (survive) or sailboats (thrive)?
How to Help With a Client’s Job Loss
If you lose your job, what emotional and professional support should you expect from your financial planner?
It’s Now Clear That QE Was a Colossal Policy Mistake
The great quantitative easing experiment was a mistake. It's time central banks acknowledge it for the failure it was and retire it from their policy arsenal as soon as they’re able.
The Case for Annuities in Today’s Market
Advisors and their clients need to manage pressures they have not seen for 20 years: market volatility, inflation, rising interest rates and potentially higher taxes. With fixed income not holding up as a low-risk part of the portfolio, it is time to look at other strategies to protect client portfolios.
Inflation, Interest Rates and Retirement Planning
Lifetime annuities in concert with allocations to stocks, TIPS, bond ladders and other diversified investments help retirees weather changing conditions regarding inflation and interest rates.
U.S. Consumers Defy The Odds Ahead Of The Holiday Shopping Season
Despite stubbornly high inflation and recessionary fears, spending by consumers may not slow down as we approach the busy holiday shopping season.
2022 Annual ESG Survey: The ESG Journey Accelerates
Our annual ESG manager survey of active managers assesses the integration of ESG considerations in investment processes among equity, fixed income and private markets managers, and spotlights firmwide policies, use of data, engagement and integration.
The Battle Between Tax Cheats and the IRS Is About to Heat Up
For the first time in years, rich Americans who cheat on their taxes face a growing threat from the Internal Revenue Service.
Gifting Strategies for HNW and UHNW Clients
My guest today will discuss how he works with UHNW/HNW individuals and families when it comes to charitable giving and meeting philanthropic needs. We will talk about the issues individuals should consider when making a gift of a business interest to a public charity. We will discuss the benefits for donors in making the decision to give a gift of a business interest to a public charity, the types of business interests that a donor may give to charity and the trends he’s seeing across his client base when it comes to charitable giving strategies such as this one.
The Dangerous Gap in Succession Planning
The succession plans that come off with the fewest disruptions are those that are implemented over an extended period, especially when the successors are not family members.
Preparing for Networking’s Grand Finale
How will you leverage networking’s holiday season grand finale without being perceived as the friend who is desperate for business?
Seven Non-Verbal Signals that a Prospect Likes What You are Saying
Here are some of the cues that indicate a prospect has accepted what you have presented and want you to move on to the next step.
Reflections on Vietnam
The overriding story of Vietnam is the triumph of free markets over communism.
How a Nasty Exchange on LinkedIn Led to a New Non-Profit
What problem could be solved or what issue or challenge could be addressed that would offer wide appeal to the expansive advisor community? The answer that made sense to me was financial education.
Financial Tips for Couples Getting Remarried in their Retirement
Here are some suggestions to consider when remarrying.
Rethink Your Thanksgiving
There’s a dark side to the traditional Thanksgiving dinner.
The Fundamental Challenge of Leadership
How come the focus is always on the leader and never on the team members getting on board and playing their part?
America’s Unhealthy Dependence on China for Rare-Earth Metals
China has a powerful weapon in its rare-earth dominance.
Being Single Is Getting a Lot More Expensive
It took 16 months to pay off my husband’s student loans after we got married.
Dangerous Assumptions
Historically speaking, this phase of life we call “retirement” is a new concept.
Drug Innovation Can Surmount New US Law's Price Caps
The cost of prescription medicine is a constant strain for many Americans.
The Benefits of Independence as a Female Advisor
As veterans of this male-dominated industry, we have faced our fair share of challenges and uncertainty. However, that led us to venture out on our own and start solo planning firms.
Real Yields Are the Market's Big Lie
When you have radiotherapy for prostate cancer, you need to drink a lot of water so that your bladder is “comfortably full.
The Challenges of Family Wealth Preservation
There is an adage about three generations of wealth – the first generation makes it; the second generation maintains it and the third generation spends it.
Create Scalable Content with Hub-and-Spoke Marketing
Build a scalable marketing plan that focuses on repurposing your content.
Deforestation of Magic Money Trees
“If the Fed loses its independence, the age of magic money could end in catastrophe”.
Is the “Long Boom” of Technological Advancements Over?
Few would disagree that the period from 1870-2010 saw immense technological advancements that improved our quality of life. But, according to Bradford DeLong, far fewer advances lie ahead, and societies should adapt by “slouching” away from a free-market system. He’s wrong on both counts.
Advisor Perspectives Named Most Read E-Newsletter for Financial Advisors for Fourth Consecutive Year By Erdos & Morgan
This is Advisor Perspectives' fourth consecutive year of ranking ahead of The Wall Street Journal and Bloomberg among the e-newsletters listed, with 14% more readership across the 1,120 financial advisors surveyed. Advisor Perspectives also claimed the number one spot for e-newsletters among the independent registered investment advisor (RIA) segment.
Use a Conversion Page to Get More Leads
I cannot emphasize enough the importance of including a conversion page in a site build.
The Role of Whole Life Insurance in Retirement Planning
Clients often assume that their need for life insurance ends when they stop working. I spoke with Neil Drzewiecki, the head of life products for MassMutual Life Insurance Company, about how whole-life insurance can play an important role in your client's retirement income strategy.
Leave Your Practice by Design (Part 2)
When you plan for exiting your advisory practice, start by asking three questions.
A Deep Dive Into The Chinese Economy
Internal priorities and external circumstances have brought China's growth to an inflection point.
Downsizing? Why Rising Interest Rates Are Your Friend
Mortgage rates above 7% have put the housing market on ice as affordability challenges put off a lot of buyers. Newer, younger homeowners who locked in their mortgage at a low interest rate — and whose next move probably would be trading up — are content to stay where they are until mortgage rates fall.
What We Learned in Fiduciary September
Reg BI is the most divisive issue in the fiduciary discussion and was a focus of the discussion during September’s event.
Five Ways to Tap the Power of Your Voice
Did you know that you can become more persuasive by learning how to modulate the tone of your voice?
Six Advisor Sites that Nailed Their Homepage Messaging
To ensure your homepage is set up for success, I’ve listed six advisor sites that nailed their homepage messaging through copy and design.