Over the next 30 to 40 years, $30 trillion in financial and non-financial assets is expected to pass from the baby boomers — the wealthiest and one-time largest generation in U.S. history — to their heirs…
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…
Securities America Rolls Out Indus
Securities America recently unveiled the first customizable digital recruiting kit in the financial services industry.
Here’s Why the Cancer Death Rate Has Plummeted
“We’re making a lot of progress”
Financial tips for women getting a divorce
Separate all spousal property and accounts immediately
Your Money Matters: Retirement planning tips for women
Nancy Coutu Money Managers Financial Group 1211 W. 22nd Street Oak Brook www.monimgr.com Nancy's Tips: Save, Save, Save Women must save more than men do because they generally live longer. Wives live 8 to 10 years longer than their husbands if they are married when they're the same age. More than 75 percent of women will eventually be widows. I recommend dedicating 10 - 15% of your salary to your 401(k). If you can’t put that much away right now, at least save enough to take advantage of your employer match and build from there.
Easter Bunny Boxes of Chocolates
Our spring green window boxes display beautiful hand-painted chocolates within. Large chocolate bunnies come in three delicious flavors.
What’s the best age to retire?
Retirement columnist BOSTON (MarketWatch)—If you’re going to do it—retire, that is—you might as well do it at the right age. And doing it at the right age, according to the authors of a soon-to-be published paper, involves a bit of homework Retiring at the optimal age should not be left to chance, according to Kenn Tacchino, a professor of taxation and financial planning at Widener University, and Patricia Tacchino, co-authors of a soon-to-be-published paper in Benefits Quarterly Rather, choosing a retirement age needs to be a rational decision that accounts for a variety of confusing and competing consideration, the Tacchinos wrote. And to reach a rational decision, the authors say, would-be retirees would benefit from…
Financial Advice for Young Women, from Women
If you are a young woman in college or entering the workforce, here's some financial advice from senior Morgan Stanley women in Wealth Management.
How independent broker-dealers are utilizing technology today
A snapshot of the technological spending and usage in the IBD channel
Should You Hold Bonds or Bond Funds When Interest Rates Rise?
Bond investing in a rising interest rate environment requires careful thought. Here are some things to consider about bonds and bond funds.