Despite widespread awareness that the state of financial literacy in our country is dire, precious little has been done at the national level to strengthen Americans' understanding of fundamental money management concepts. Dale Brown of the FSI says that we must — as an industry — focus our attention and our energy on tackling this critical issue on the local level.
Independent advisers cannot afford to spend 2014 on the sidelines. The regulatory burdens facing our industry will not ease up unless we all stay focused, regardless of the political circumstances.
While the differences between registered investment advisers and the independent broker-dealers are certainly real, all of us in this industry benefit when we pull together to represent our common interests in our interactions with regulators, according to FSI's Dale Brown.
The overall cost of retirement can sometimes seem difficult to grasp, but Main Street investors know that a dignified post-working lifestyle doesn't come cheap.
History is rife with examples of adverse, unintended consequences resulting from well-intentioned lawmaking acting in the face of a crisis.
