Final takeaway @DOL hearing: I felt like I was standing near the south end of a north-facing bull at times. Wall St. smelly.
— Ron Rhoades,JD,CFP® (@140ltd) August 11, 2015DOL #fiduciary rule will "reduce choice and increase cost, and individual savers will have a more complex and confusing landscape" – Bentsen
— SIFMA (@SIFMA) August 10, 2015#GotFiduciary #saveourretirement Prof REUTER: BROKER-SOLD FUNDS UNDERPERFORM BY 2% PER YR! THAT IS HUGE OVER 30-40 YRS RETRMNT INVESTING!
— Kate McBride (@KMcBride_Wealth) August 11, 2015Tim Hauser has obviously replaced Phyllis Borzi as the lead DOL staffer on the #fiduciary rule. No explanation from DOL why @FAmagazine
— Ted Knutson (@TedKnutsonDC) August 11, 2015I am right now hearing some insurance industry type rationalize commissions on annuities. #fiduciary
— Helaine Olen (@helaineolen) August 11, 2015New #fiduciary rules give bureaucrats more control over your #retirement savings. Take action: http://t.co/5zKKUrvFz6 pic.twitter.com/6npUWWRIQB
— U.S. Chamber Action (@USChamberAction) August 11, 2015DOL hearing: biased industry economists find no problem with biased advice
— Barbara Roper (@BarbaraRoper1) August 11, 2015.@IRIonline chairman and @AXA exec Nick Lane: In aftermath of @USDOL #fiduciary, 'average American is left with a website' for advice.
— Mark Schoeff Jr. (@MarkSchoeff) August 10, 2015"[fiduciary] rule [makes] advice much more expensive" - only a problem if you believe current "advice" has any value
http://t.co/SjwajqiHig
— Joseph Nathan Cohen (@jncohen) August 11, 2015DOL's fiduciary rule will make financial services less accessible & less affordable to those who need them most. https://t.co/cDT0B4DcaO
— David Jolly (@USRepDavidJolly) July 9, 2015
Janus Henderson Investors research reveals demand for transparency, but lack of awareness of AI’s prevalence in the corporate world.
New research reveals rising expenses, forced early exits, and a widening gap between how long people live and how long their money lasts.
Firms continue their quest to attract and retain the best advisor teams.
A survey from TacticalMind AI found 69% of advisors say a high-quality AI platform that makes investment recommendations and constructs portfolios is worth $500 monthly, while research-only tools are valued closer to $250.
The alts tech provider's latest integration lets advisors query fund data and surface portfolio insights without leaving their primary workspace.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
