Bitcoin ETFs could encourage adviser use of crypto
The arrival of the first Bitcoin-linked exchange-traded funds could make more financial advisers comfortable with recommending crypto investments to their clients.
Women in the advice industry
Only 34% of advisers are women, although 49% of staffers at advisory firms are women. The fact that women are underrepresented in the highest-paid positions explains why median compensation for men is 92% higher than for women.
Breaking down the data on adviser moves
While many advisers leaving wirehouses go independent, some join another wirehouse. George Moriarty looks at which of the four wirehouses are attracting advisers and which are seeing losses.
American investors most focused on ESG returns
A Schroders survey of global investors shows American investors are most interested in seeing a positive performance from their ESG investments.
Young investors look beyond meme stocks
Next-gen investors who started buying stocks via mobile apps in recent years are serious about putting their money to work, with 81% saying they’ve diversified their portfolios, according to a survey by Public and Nonfiction Research.
Retirement confidence holds up amid pandemic
Despite the pandemic, 8 in 10 retirees said their lifestyle is as expected or better than expected, according to EBRI’s 2021 Retirement Confidence Survey, George Moriarty reports.
Choosing an annuity for a 401(k) plan can be tricky
A fiduciary safe harbor provided in the SECURE Act encouraged the use of annuities in retirement plans. But a recent report shows annuity costs and payouts change frequently, so plan sponsors must shop carefully, George Moriarty reports.
Retirees who saved up aren’t spending down
EBRI survey identifies five retiree profiles and shows the wealthiest individuals plan to spend little, George Moriarty reports. Mary Beth Franklin, Social Security guru and InvestmentNews contributing editor, describes why this is happening.
Green bonds are booming
Sales of bonds for environmentally friendly projects set a new record in March. The momentum’s likely to continue given developments like the Biden administration’s $650 billion in funds for clean water and other ESG efforts, George Moriarty reports.
Regulators take a closer look at ESG
The SEC has made six announcements on ESG in just the past month, George Moriarty notes. Financial advisers should pay particular attention to the agency’s plan to examine disclosures around sustainable investment products.
