There’s no pleasant way to discuss what has been going on in our society these past weeks. Rampant polarization continues to wreak havoc in new and painful ways. I won’t pretend to have solutions.
But I do believe that knowledge improves discourse, and discourse leads to solutions. Therefore, please find several great reads this week that address the unfortunate situation we find ourselves in.
First, please read this contributed article by Calvert Research CEO John Streur. He writes: “Ending racism in America is a responsibility of corporations, and corporations must recognize that their current efforts to promote their core values, and their diversity and inclusion programs, fall far short of what is needed today.” That’s just the start; I urge you to continue to the end.
Next, please take time to read Nicole Casperson’s reporting on how the nationwide protests have highlighted the challenges facing nonwhite advisers. The multiple sources and perspectives deserve your attention.
This third piece might be the most important read of the week. On LinkedIn, Shundrawn Thomas, president of Northern Trust, wrote “Breaking the Silence.” In it, he shares a startling story that speaks powerfully to current events.
Read. Absorb. And, just maybe, we can all do better.
Divorce is a financial inflection point, not just a legal one and wealth managers need to be part of the process from day one
Nearly three quarters of US households hold tax-advantaged retirement accounts as IRA assets reach $18 trillion.
Robinhood is adding Cortex for Advisors across TradePMR, bringing AI-powered portfolio analysis and tax insights to advisors, while executives say regulatory constraints still prevent AI from directly managing client assets.
As Americans transition from saving for retirement to spending in retirement, new research suggests sustainable income matters more than account balances.
The agreement marks the end of a four-decade sub-advisory partnership while giving Wellington a scaled distribution platform for financial advisors.
As $84 trillion prepares to change hands, advisors who treat estate planning as peripheral are quietly building a sieve, not a book.
In volatile markets, the advisors who win aren't the ones with the best calls - they're the ones whose clients stay the course.
