InvestmentNews partnered with Kiplinger's to ask women about their experiences at different life stages with investing and financial advisers. Here are some of the results.
| Breadwinners* | Single and wealthy** | Widows | High-level professionals*** | |
|---|---|---|---|---|
| Leave behind wealth or a legacy for future generations of my family | 6.5% | 11.5% | 22.1% | 3.9% |
| Retire with financial security and peace of mind | 60.2% | 42.3% | 19.8% | 76.5% |
| Accumulate as much wealth as possible | 3% | 3.8% | 3.5% | 2.6% |
| Accumulate wealth for specific ambitions (travel, opening a business, etc.) | 5.5% | 7.7% | 4.7% | 8.5% |
| Lead a comfortable and predictable lifestyle | 24.9% | 34.6% | 50% | 8.5% |
| Breadwinners* | Single and wealthy** | Widows | High-level professionals*** | |
|---|---|---|---|---|
| Going into debt, not being able to pay off debt | 5% | 7.9% | 9.7% | 8.5% |
| Not having enough money to support my family | 7% | 2% | 3.7% | 5.9% |
| Not having enough money to retire | 13.6% | 4.9% | 2.4% | 17% |
| Running out of money in retirement | 59.3% | 71.6% | 67.1% | 58.2% |
| Not being able to cover medical expenses | 15.1% | 13.7% | 17.1% | 10.5% |
| Breadwinners* | Single and wealthy** | Widows | High-level professionals*** | |
|---|---|---|---|---|
| Newspapers, magazines or websites | 88.8% | 83.8% | 80.2% | 87% |
| Financial television news networks | 13.7% | 34.3% | 35.4% | 11% |
| Personal financial adviser | 28.3% | 29.5% | 31.3% | 27.9% |
| Friends or family | 12.7% | 1% | 8.3% | 15.6% |
| Seminars or other events | 4.4% | 6.7% | 4.2% | 3.2% |
| Financial institutions (bank, 401(k) provider, brokerage firm) | 16.6% | 21% | 16.7% | 23.4% |
| Breadwinners* | Single and wealthy** | Widows | High-level professionals*** | |
|---|---|---|---|---|
| Information hosted on an adviser's website | 41.7% | 37.9% | 40% | 53.8% |
| Social media accounts, blogs or newsletters from an adviser | 13.9% | 10.3% | 10% | 15.4% |
| Attending a seminar hosted by a financial adviser | 29.2% | 34.5% | 25% | 23.1% |
| Radio or television program where an adviser is the host or a guest | 15.3% | 17.2% | 25% | 7.7% |
The new regional leader brings nearly 25 years of experience as the firm seeks to tap a complex and evolving market.
The latest updates to its recordkeeping platform, including a solution originally developed for one large 20,000-advisor client, take aim at the small to medium-sized business space.
David Lau, founder and CEO of DPL Financial Partners, explains how the RIA boom and product innovation has fueled a slow-burn growth story in annuities.
Crypto investor argues the federal agency's probe, upheld by a federal appeals court, would "strip millions of Americans of meaningful privacy protections."
Meanwhile in Chicago, the wirehouse also lost another $454 million team as a group of defectors moved to Wells Fargo.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
