Financial advisor news, market insights, and practice management essentials.
A quarter of Gen Z said they view sports betting as part of their long-term plan, and more than half have reallocated funds meant for investments into sports bets.
These firms aren’t going to allocate capital toward just anything, nor are they necessarily going to let someone else make those decisions for them.
Clients are turning to AI for advisor recommendations, according to a new report.
There’s an increasing amount of scientific evidence pointing to the importance of good sleep hygiene for cognitive health in retirement.
Wealth managers are looking beyond fixed income products into private markets and exchange-traded funds.
Asset managers are becoming increasingly determined to bring options-based strategies to the masses.
Vanguard will now let advisors tailor certain models to their specific values and tax preferences.
Bad quarters would be masked by positive semi-annual reports at twice the rate as good quarters, according to a Bloomberg report.
A recent Edward Jones survey found that even though more people are using AI for guidance, they don’t trust it nearly as much as they do human advisors.
A major Supreme Court case and proposed Labor Department rules on investment selection in retirement plans are just part of the story.
Inheritance can quickly create tension and dramatic infighting, especially when a client leaves more to one person than another.
It’s hard to convert diligent savers into spenders in retirement, but people should be able to enjoy themselves while they can.
Plenty of that is a result of the firm’s expanded product lineup and a bull market that has all three major indices up double digits so far this year.
RIAs lose 2% to 5% of their AUM annually through client withdrawals, but they’re also averaging just 3% to 4% in organic growth each year.
While meeting transcribers and email drafters paved the way, artificial intelligence is moving out of the back office and into the core advice process.
