Financial advisers are resisting using annuities designed for 401(k) plans which are created by insurance firms.
The walls of Neal Simon's office at Highline Wealth Management LLC are lined with the images of people he and his wife photographed during their travels through China, Guatemala, India, Indonesia and Peru.
Too many 401(k) plan participants are not getting the best deals from their plans, said Rep. George Miller, D-Calif.
The 401(k) arena now demands specialized advisers, said Phil Chiricotti, president of the Center for Due Diligence.
It's the “best of times” for advisers willing to embrace changes in the 401(k) space, said an expert in employee benefits law.
Advisers are looking to the DOL for guidelines about how to handle revenue-sharing funds that could be refunded to plan sponsors in 401(k) plans.
As automatic features continue to propel 401(k) plans, advisers need to become retirement specialists to add value to the plan.
Advisers are said to be baffled about how much information should be passed on to participants in 401(k) plans.
The United States has one of the most mobile work forces in the world.
More wirehouses and B-Ds realize they need to allow advisers to take on fiduciary services.
New legislation is being written as congressional interest in 401(k) fee disclosure rules heats up in advance of a round of hearings set for this week.
Automatic features are gaining momentum in the 401(k) arena, according to financial advisers.
Financial planners applauded last week’s dramatic one-half-percentage-point cut in the federal funds rate by the Federal Reserve Board, saying the move provides an opportunity to calm nervous investors and help clear up their debt problems.
Financial advisers are questioning the decision of TD Ameritrade Holding Corp. to keep them in the dark after hackers gained access to their clients’ Social Security numbers, account numbers, phone numbers and e-mail addresses.
Automatic escalation will increase 401(k) accumulations by up to 28% in the lowest income group, says a study.
Financial advisers shouldn’t focus on the big picture of 78 million baby boomers charging toward retirement, but as a gradual evolution, said Oppenheimer Funds economist Brian Levitt.
An industry-friendly 401(k) fee bill could be drafted soon in the House Ways and Means Committee to avoid some of the more-onerous provisions of an earlier bill.
Despite widespread incredulity from the public about the weird details of hotel empress Leona Helmsley’s will, some advisers know that bizarre bequests are not uncommon, having watched their own clients seek to rule their families from beyond the grave.
On Saturday, all eyes at the Financial Planning Association’s annual conference in Seattle were on keynote speaker Christopher Gardner, the financial adviser whose rags-to-riches story was celebrated in the 2006 hit movie “The Pursuit of Happyness,” starring Will Smith.
Poor planning leaves his heirs with unnecessary legal fees and an onerous tax bill The way his terrible estate plan is unraveling, if the late James Brown, the “Godfather of Soul,” could see from wherever he is, he wouldn’t be screaming his most-famous three words: “I feel good.”
