Given their limited savings, current low interest rates and the ongoing rise in prices and out-of-pocket health care costs, most boomers need a financial lifeline.
For the increasingly fee-based advisers at independent broker-dealers, the transition to the RIA model is likely to pick up speed in the years to come.
Enhancing the return prospects of individual investors seeking yield calls for hands-on, agile, active management — and the more flexible the approach, the better.
Here are 11 steps advisers looking to transition a business should consider to be the bare minimum it takes to find a buyer and close a deal.
The IRS has clearly communicated that cryptocurrency assets are taxed when they are traded, but this is news to many of the investors who own cryptocurrencies.
In the current tax-the-rich political environment, the wisdom of getting wealthy clients the insurance of an alternative citizenship or residence is obvious.
As the pandemic subsides and people look forward to catching up with their friends, there's a great opportunity to plan exciting events that bring big results.
The key for advisers is finding a balance where they maintain the maximum freedom that enables them to focus on their purpose.
Financial preparedness is only a piece of the equation; clients must understand the impact retirement will have on every part of their lives.
Together, DACFP and InvestmentNews will be providing subscribers with content and educational opportunities to increase your knowledge about blockchain and digital assets, and access to the product and service providers in that ecosystem, so you can give investors the advice, products and services they need.
If a conversation with a client isn't going well, sometimes the adviser needs to change his or her approach to get the client past the sticking point.
Many of these newer entrants are pure-play record keepers without an investment management arm. They employ lean, digitally focused operating models and distribute their services directlly to plan sponsors.
There’s a lot of opportunities to get rich as a fiduciary planner. But is it a career worth pursuing?
U.S. sustainable funds attracted more than $50 billion in capital last year, doubling from 2019.
After climate rule changes, expect similar disclosure requirements on other ESG issues like biodiversity, workforce diversity and political spending.
Bad cultures can be clearly identified by things like high employee turnover, an obvious lack of morale or client retention.
Instead of engaging in a debate over which 30-year-old approach to risk management is better, advisers can jump to the best of current institutional risk management approaches, adapted to the unique challenges presented by working with individual investors.
Current low interest rates add to the stress of establishing a retirement strategy because the 'cost' of generating retirement income from a portfolio of stocks and bonds is now higher.
The Department of Labor's withdrawal of a Trump-era rule has added to advisers' confusion about working as independent contractors, a model that benefits them and their clients.
With trust at the foundation of the client acquisition process, everything you say and do is being evaluated by potential clients — for good or for bad.
