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Who Are You Taking Investment Advice From?
Experts Suggest Investment Advice May be Best Left to the Professionals Most people who invest money and are purposeful about their retirement plans believe they have the basics of investing down. They may even consult with well-meaning friends and family when they are seeking outside guidance. However, some of the most common mistakes in inv...
The happiest retirees have learned this lesson
It's all the rage now. You're supposed to find, follow ...
Consumers Want More Financial Advice from Banks
Consumers see their banks as more of a stressful utility, rather than a financial advisor. According to the Future of Money report released by Cognizant, banks are not proactive with the financial needs of their consumers; 90% of consumers surveyed stated that they primarily deal with their bank for simple transactions only. 'Simple transactions' exclude any discussion around financial health, including insurance coverage or retirement savings, according to the report, which surveyed about 3,000 consumers in the United States and the United Kingdom. The report also concludes that consumers are keenly feeling the lack of financial advice, especially as they often
This Photo of 7 Firefighter Dads & Their Babies Is on Fire
You could say they had a "hot take" on how to stage a photo with their kids.
5 smart ways to rid yourself of debt
Digging yourself out from under a mountain of debt can seem almost impossible, but many have done it, and you can, too. Here are five ways to rid yourself of debt to consider.
U.S. court upholds Obama-era retirement advice rule
A U.S. federal judge on Wednesday upheld an Obama-era rule designed to avoid conflicts of interests when brokers give retirement advice, in a possible setback for President Donald...
How Lower Fees Could Put Independents on Top
Asset management fees are coming down as lower-cost passive investments take center stage and calls for radical transparency in fee disclosure get louder This means change is coming to the wealth management arena as well, say industry experts How this plays out for individual advisors will depend on their technology platforms and, according to Shirl Penney, CEO of Dynasty Financial Partners , on their ability to articulate value and offer distinct services under clear pricing policies. New York-based Dynasty provides a la carte infrastructure support and related services to about 40 RIAs. For Penney, the fact of “fee pressure and the fear of margin compression” among wealth managers is “undeniable” as “the rate of innovation” in…
Top 10 financial firms ranked by investor satisfaction
How to Excel When You Have Toxic Co-workers
The only person you can control is yourself, so start ignoring the obnoxious person in the next cubicle.