'If anything, rising interest rates have dramatically increased the income [retirees] are able to generate from their cash and fixed-income investments, which has improved their cash flow,' an advisor says.
“If everyone's running for the hills, it's got to be the most overwhelming contrarian trade of the year,” a fund manager says.
Total annuity sales increased 21% to $270.6 billion through the first nine months of 2023, Limra reports.
Dan Glaser, the chairman of the company's board, has been appointed interim CEO, effective immediately.
Insiders say Goldman’s new strategy is less a retreat from the RIA marketplace than a realignment.
From scaling the executive ranks to the craft brewery business, CEO keeps his ‘eternal focus’ on one thing – the customer.
There's often a tax element in retirement planning that can be tricky for advisors, sending them for input from a CPA.
The more funds an advisor adds to a client's portfolio, the higher the likelihood of serious stock duplication.
SMAs used to be 'more sizzle than steak' but technology gains in recent years have changed the landscape.
The rise in the monthly Part B premium for next year is primarily a result of projected increases in health care spending, CMS says.
