Many of your retired clients are discovering that their accumulated savings are insufficient to meet their current expenses, which translates into a need for more retirement income.
Will Wells Fargo end up doing the right thing?
A hypothesis about the psychology behind the big deals
Rather than focusing on past deficiencies in target date funds, the Senate Special Committee on Aging's recent hearing on the funds focused on how they can be turned around quickly.
New Firms Are Here and More Are Coming
As the year draws to a close, fiduciaries should be turning their attention to one of their most important responsibilities: the annual portfolio review.
Know and follow the unwritten (until now!) protocol
Branch Managers have quotas to hit: Are they being honest with you about why it is so important for you to join before year-end?
Former Merrill senior executives are in high demand
Many if not Most Advisors of acquired firms leave "Big" and return to "Small." Why?
Financial advisers lack the strategies and tools to service small accounts effectively, according to a recent Russell Investments survey
The giant firm conundrum: is it possible to create scale and still stay entrepreneurial?
Though the industry has been transformed, some old mistakes are being made again
There is no Big Deal for you right now at a Big Firm. Time to get pragmatic.
With the technological advancements in money management platforms and payroll systems, one has to wonder whether the costs associated with ERISA compliance could be removed from the retirement plan system. If we could safely remove those costs, it's likely we could help employees accumulate between 20% and 30% more money for retirement. So it's worth considering.
At a recent workshop, advisers told me they are finding that a surprisingly high percentage of their clients are unemployed. Advisers found this out during client reviews, and they said the news surprised them — clients had never called to let them know about their new circumstances.
