For clients who are within five years of retirement, investment consultants would be wise to heed that well-known value investor Benjamin Graham, who said that the investor “will do better if he forgets about the stock market and pays attention to his dividend returns and to the operating results of his companies.” We believe that an investment strategy that cultivates a substantial and growing cash flow via dividend and interest income can be an attractive solution for retirees who are trying to balance present income needs with future purchasing power. The combined focus on a rising income stream plus acceptable risk-adjusted total return may help keep retirees on path during difficult markets.consultants are rethinking how to help baby-boomer clients build sustainable retirement plans.
The Senate passed a bipartisan budget deal two hours after income tax cuts expired, reaching an after-deadline agreement to undo the potential economic harm of $600 billion in tax increases and spending cuts.
The Senate worked all weekend on proposals to avert the so-called fiscal cliff only to come closer than ever to the precipice by Sunday night. The mad dash to the edge undermines what is known as "regular order," or the Schoolhouse-Rock image of Congress.
Advisers taking Washington's inaction in stride.
All the doomsday predictions proved wrong, as the House late Tuesday evening overwhelmingly passed a bipartisan measure that will resolve the fiscal cliff.
Republican McConnell senses lack of urgency; Reid says to 'hang loose'.
Since the “Great Recession” began in late 2008, the Federal Reserve has responded decisively and aggressively in an attempt to contain economic malaise and spur growth.
If John Boehner makes small concessions to seal a last-minute deal with Democrats, it could cement his political legacy. It could also cost him his job as House speaker.
Confused by the standoff in Washington -- and what it means for clients? This cheat sheet shows the immediate tax hits from going over the edge.
Agency wants funds using commodities to register with it.
Brokers allowed to trade as principals in certain accounts.
Rep. Frank's parting gift won't assuage Senate, Ag Committees' doubts
Firms with alts like BlackRock, JPMorgan have muscle to seize the opportunity
Market share down, says Advizent boss, but Wall Street brokerages embracing RIA concepts
Raising of estate tax exemption to $5M lessens need for policies that shield assets.
Federal court rules in favor of agent who maintained sites critical of insurer, but who will get paid?
Meaningful compromise in Washington highly unlikely before deadline; will small deals avert the cliff?
Some expect a fiscal deal only after new Congress comes to town.
