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Almost half of retirees want to go back to work, not always for money
RETIREMENT PLANNING AUG 28, 2023
Almost half of retirees want to go back to work, not always for money

And millions of Americans are set to delay retirement, according to a new survey.

Land of the financially free? Not according to most Americans
RETIREMENT PLANNING AUG 28, 2023
Land of the financially free? Not according to most Americans

Just 1 in 10 say they are living their version of financial freedom.

Investors wary of social media advice but more likely to trust AI
FINTECH AUG 28, 2023
Investors wary of social media advice but more likely to trust AI

CFP Board research shows that it’s not just younger generations that are open to AI-generated advice.

Positive sentiment for new week's trading following Jackson Hole
INDUSTRY NEWS AUG 28, 2023
Positive sentiment for new week's trading following Jackson Hole

Global markets tracked Friday's Wall Street gains in early trade Monday.

Slower labor market likely means Fed pause
INDUSTRY NEWS AUG 28, 2023
Slower labor market likely means Fed pause

Rate hikes should be less urgent following latest stats.

IRS delays mandatory Roth catch-up provision until 2026
RETIREMENT PLANNING AUG 27, 2023
IRS delays mandatory Roth catch-up provision until 2026

Agency announces needed SECURE 2.0 relief related to catch-up contributions made by higher-income employees.

Think twice before borrowing from 401(k) for a home down payment, advisors say
RETIREMENT PLANNING AUG 25, 2023
Think twice before borrowing from 401(k) for a home down payment, advisors say

Accessing retirement savings can be helpful for a subset of potential buyers, but there are some important caveats.

Farther co-founder says technology can push RIAs past complacency
RIAS AUG 25, 2023
Farther co-founder says technology can push RIAs past complacency

'I want our industry to think big,' Brad Genser says.

Massachusetts high court upholds state fiduciary rule covering brokers
REGULATION AND LEGISLATION AUG 25, 2023
Massachusetts high court upholds state fiduciary rule covering brokers

Decision strikes blow against online brokerage Robinhood but is hailed as a 'Fenway Park Red Sox grand slam home run' by fiduciary advocate.

SEC spanks Wells Fargo Advisors with $35M penalty for excessive fees
PRACTICE MANAGEMENT AUG 25, 2023
SEC spanks Wells Fargo Advisors with $35M penalty for excessive fees

Some Wells Fargo Advisors clients never got promised discounts, according to the regulator.

Nikki Haley suggests raising retirement age to curb rising US debt
RETIREMENT PLANNING AUG 25, 2023
Nikki Haley suggests raising retirement age to curb rising US debt

The Republican presidential candidate has blamed her own party for its role in driving federal debt.

Boston Fed president says they 'may have more to do' to beat down inflation
REGULATION AND LEGISLATION AUG 25, 2023
Boston Fed president says they 'may have more to do' to beat down inflation

Susan Collins said she is surprised the economy has remained so resilient.

Meet the 1% down payment plan as rising mortgage rates hit new highs
INDUSTRY NEWS AUG 25, 2023
Meet the 1% down payment plan as rising mortgage rates hit new highs

Clients want a low-deposit mortgage? Now there is one.

What clients want you to know about transferring wealth to their heirs
RETIREMENT PLANNING AUG 25, 2023
What clients want you to know about transferring wealth to their heirs

Raymond James poll reveals the priorities of handling intergenerational wealth transfers.

Top 3 wholesalers to account for almost half of advisor assets by 2027
INDUSTRY NEWS AUG 25, 2023
Top 3 wholesalers to account for almost half of advisor assets by 2027

Wholesalers need to work hard to cultivate strong relationships as the market becomes increasingly competitive.

Jackson Hole conference begins, here's what's expected
INDUSTRY NEWS AUG 25, 2023
Jackson Hole conference begins, here's what's expected

The annual gathering of economic minds has some tough questions to consider.

What is R* and why does it matter to bond traders?
INDUSTRY NEWS AUG 25, 2023
What is R* and why does it matter to bond traders?

The interest rate metric is a key topic of discussion ahead of the Jackson Hole symposium.

Trouble ahead for tech stocks that even AI can't fix
INDUSTRY NEWS AUG 25, 2023
Trouble ahead for tech stocks that even AI can't fix

BofA strategists warn of more challenging times ahead for outperforming sector.

Finra ‘looks forward’ to defending enforcement authority in court
REGULATION AND LEGISLATION AUG 24, 2023
Finra ‘looks forward’ to defending enforcement authority in court

A brokerage and a rep, both targets of Finra disciplinary actions, have filed suits questioning the regulator’s constitutionality.

Helping clients be more realistic about their investing horizon
RETIREMENT PLANNING AUG 24, 2023
Helping clients be more realistic about their investing horizon

How one Summit Financial advisor plans to use Pontera to manage clients' held-away assets.