Opinion

Displaying 2965 results

Topic

Here’s why TIAA can no longer play by its own rules

Times have changed as the giant money manager for professors puts a $97 million penalty behind it.

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How firms can effectively communicate an ESG value proposition

It's critical for wealth management firms to create authentic and compelling narratives around their sustainable investing offerings.

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457(b)s: The solution to bad K-12 403(b) plans?

Teachers are eligible for a second supplemental plan. It’s called the 457(b), and it has several key advantages over the 403(b).

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What Empower’s purchase of Pru retirement business means for advisers

Empower has distanced itself from its other competitors; the only one that matters is Fidelity, which is bigger and more profitable because of its ability to cross-sell wealth management services to participants as well as offer proprietary products.

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Communications glitches between advisers and clients

Some of the most engaging practice stories arise from things we tell clients that they don’t hear or don’t remember, things we don’t think to tell them, and things they forget to tell us.

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Coalition calls for retirement security task force

Key retirement industry groups urge President Biden to put in place a coordinated federal approach to the crisis.

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How one breakaway RIA brought over more assets than it expected

Not all of our old clients came with us. But the overwhelming majority came and — because of their enthusiasm for our move — some asked us to oversee even more of their assets, while others pointed brand-new business our way.

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How neuroscience is illuminating the relationship between leadership and fiduciary responsibility

Preliminary research results indicate there's a strong correlation between genuine leaders and authentic fiduciaries.

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High-net-worth investors are itching to change advisers

Twenty percent of high-net-worth clients say they're likely to switch their primary financial adviser this year, according to a Northwestern Mutual survey.

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By casting a wide net, Finra hinders diversity

Should something that happened when applicants were teenagers still be held against them?

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It’s all coming together

Across the financial advice world, convergence is the name of the game.

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Why are so many Merrill Lynch advisers leaving?

Whether they're inclined to stay or to go, advisers owe it to their clients and themselves to pay attention to the subtle, but important, changes happening at the company.

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Rush to munis could boost Medicare premiums

The income calculation for Medicare and Social Security includes tax-exempt interest on municipal bonds.

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A four-step approach to working with clients on sustainable investing

Advisers should provide a global view and frame conversations around investors' values.

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The value of a 401(k) participant, quantified

Who deserves to service and monetize the participants? The answer to that is whoever works the hardest, within the limits of the law, in a professional, conflict-free manner.

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Schwab’s $200 million charge points toward conflicts with cash spreads

Cash spreads are certainly nothing new, but with almost $64 billion in assets, Schwab is likely the largest robo-adviser to hold significant chunks of client assets in cash.

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Educating clients on the social of ESG investing

Minding the "s" means recognizing the impact disgruntled employees or suppliers can have on reputations and business operations.

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Increase coming in ‘introducing custodians’ for RIAs

The upstarts will focus on a particular niche of the marketplace they feel is underserved, such as advisers with foreign clients or advisers focused on a particular investment approach.

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How advisers can add value to their firms

Some firms mistakenly trim expenses too aggressively to lower their costs and maximize their earnings to attract buyers. It may seem counterintuitive, but the opposite approach can make a firm more desirable.

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Rise of ‘middle office’ providers for RIAs

One option for advisers starting an RIA is to outsource in one fell swoop such responsibilities as custodial relationships, tech stack design and integration, client billion, tamp solutions and marketing expertise.