Financial advisor news, market insights, and practice management essentials.
Low profit margins and scalability likely contributed to Schwab’s decision to close its premium robo tier.
Many advisors are unfamiliar with alternatives, like private assets, but model portfolios could be the perfect entryway.
Advisors tend to be more financially secure than most Americans, and have the means to help out their communities.
The firm isn’t fully convinced of crypto’s place in portfolios, with one executive likening it to a ‘digital Labubu.’
Asset managers ranked access to alternative investments as advisors’ top interest. Advisors placed it third to last.
Some 90% feel financial anxiety, but many of those same people are somewhat confident they’ll be able to retire comfortably, per a Betterment report.
It’s easy to recognize the folly of trying to predict the market, but there are still useful predictions to offer.
Wealth managers have reservations on whether the next chair will remain independent of political influence.
The firm expects Big Tech’s dominance to level out, with smaller companies that are utilizing AI starting to gain more investor interest.
JPMorgan consumer and community banking CEO Marianne Lake said costs may climb about 9% next year, partly because of incentive compensation.
High employer matching rates and a booming stock market have pushed retirement balances to record highs.
Many of those same investors are also overly confident in their financial knowledge, according to FINRA.
Even if protecting clients from downside means giving up some upside, Ocean Park is willing to make the trade.
While some advisors are sounding the alarm, others are making sense of the market rally.
The world’s largest asset manager is caught in the crossfire between critics who say it’s pushing ESG too aggressively, and those who insist it’s not doing nearly enough.
The company, which is still new to the category, sees the case for buffer and defined-outcome ETFs growing as more people near retirement.
The CFP Board presented four possible scenarios on how AI will impact wealth managers in the year 2030.
The way advisors communicate retirement outcomes can dramatically improve client optimism.
