What exactly does a trust company do to earn their fee that my family member or friend can’t do?
To de-commoditize your practice, jettison the traditional sales behaviors and routines that your peers use.
What would you do with a million-dollar windfall?
Those “meet the team” advisor pages on websites are a torture to read. Your team is your biggest asset and should be the source of the greatest enthusiasm in your practice.
Investors who base their beliefs about the distribution of possible stock returns on historical data from their home country underestimate the probability of experiencing a significant crash.
Big business has been a fixture of American life since the late 19th century, and today more Americans work for big companies than for small ones. That could be about to change — in part because of the rise of artificial intelligence.
Speaker Kevin McCarthy’s plan to link spending cuts to an increase in the US debt limit would result in fewer teachers and more expensive college educations, the Biden administration warned...
As stocks and bonds gyrate in well-defined ranges, the exchange traded-fund industry is sending a clear message: traders are tired.
Extreme volatility is making it more challenging than usual to predict market movements and where best to allocate portfolios. In fact, even BlackRock executives admitted that they're facing difficulties with allocations.
Do broker dealers put customer interests first? Don’t count on it if you are buying or selling municipal bonds.
And neither should you.
In 1983, Warren Buffett sat down to pen his annual letter to Berkshire Hathaway shareholders. Tucked away at the back was a “business wanted” advertisement.
We have the royal coronation in England to remind us that once upon a time, one person would issue all the laws – which is an unfair but very effective way to make things happen. Here are the edicts that I would issue if the financial services world made me its king.
You can’t add more hours to a day or decrease the amount of work on your plate. Your only option is to save time by increasing your efficiency. The question is how.
Bob attended the Morningstar Investment Conference in Chicago. Here he is with Allan Roth, a long-time Advisor Perspectives author, at the Morningstar media reception.
“Be careful in the equity markets,” warned Larry Summers. The bond market is predicting a recession but, he said, the equity market has not priced that in.
The fiercest adversary of investing based on environmental, social and governance (ESG) is Aswath Damodaran. ESG is a failure, its advocates are to blame, and the concept should be retired, according to Damodaran.
In a recent article, I opined on the upper hand that broker/dealers have when terminating their reps. The terms of those departures, as reflected in the disclosure documents, is similarly imbalanced.
While we cannot manufacture more time, there are some things to consider that will ease the frenetic rush to get things done. In this week’s article, I’ll share some best practices.
How do you go from the theoretical to the practical? What AI tools can you use that will streamline and improve your processes?
The failures of Silicon Valley Bank, Credit Suisse Group AG and others have gotten financial authorities thinking again about bank runs and liquidity regulations — and whether some rules ought to be tweaked to make the system safer.
JPMorgan has unseated itself for the title of largest actively managed exchange-traded fund in the $7 trillion arena.
The startup world has had a tough year — plagued by mass layoffs, plummeting venture capital investment and the chaotic collapse of Silicon Valley Bank. But many in tech believe that the worst is yet to come.
Alphabet Inc.’s Google has consolidated its artificial intelligence research groups into one unit, the company’s latest move to keep from falling behind in the AI race.
How can advisors ensure that clients will keep their assets with you?
Having recognized the myriad benefits of an advisor-CPA collaboration, here is how to embark upon the process of finding the ideal partner.
I reviewed some advisor websites and I was confused by their value propositions.
Being presented with only two choices is a financial red flag. There is almost always at least a third choice.
Hedge funds are betting on higher Treasury yields in a market that’s divided over whether the US economy can avoid recession and Federal Reserve interest-rate cuts.
As Microsoft Corp., Alphabet Inc., and — now — Amazon.com Inc. blaze ahead in the race to deploy advanced chatbots like ChatGPT, one rival remains nowhere to be seen. Apple Inc. may be biding its time for the technology to mature...
If the US ceases to be the world’s economic leader, it can only blame itself.
Here’s how we can improve financial planning projections to result in better forecasts, advice and guidance to households.
Bitcoin’s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts.
Despite the overwhelming academic evidence demonstrating the superior, long-term performance of index funds, investors may want to invest in actively managed products. New research shows the importance of choosing low-cost funds.
April is Financial Literacy month, but all that elicits from the advice industry is a collective yawn.
Investors are losing their ability to resist a stock rally that much of Wall Street is convinced is doomed.
Sometimes when volatility jolts financial markets, the safest trades can quickly morph into dangerous bets.
Capitalize on Google reviews to increase your firm’s visibility online, build social proof, and gain more business.
Resisting recency bias is the key to earning the premiums available from all risky assets, as this example illustrates.
Former Treasury Secretary Lawrence Summers rejected speculation that the dollar is rapidly losing its dominance in the global economy, and highlighted China’s detractions in providing an alternative reserve currency.
About a month ago, as Wall Street stared down the barrel of an incipient banking crisis, the investment world’s most-watched gauge of market volatility did a funny thing: It didn’t do much.
ChatGPT is the fastest growing app of all time, gaining more than 100 million users just two months after its launch in November. It allows users to have human-like conversations that include reasonable-sounding and often correct answers to all sorts of questions. Like humans, it can ask for more information and explain reasoning.
Big Tech earnings next week will offer investors a dose of reality following this year’s impressive gains in the sector that were powered by hype over artificial intelligence.
Many investors, including my clients, have been worried about their Schwab account safety. Are they right to be worried?
Bitcoin’s dominant showing in 2023 is leaving exchange-traded fund investors divided on what’s next for the world’s biggest cryptocurrency.
The top-performing advisors, the ones that are delivering the most value (as reflected by their income), are the advisors who are doing the most challenging things.
Procter & Gamble Co. and its peers have vowed to recapture profit margins that slipped during the pandemic. Now, investors are getting a chance to gauge their progress.
This year’s top US bond managers agree that Federal Reserve interest-rate cuts are inevitable this year. The main debate they see is how deep the economic pain gets.
The surprisingly resilient equity market is invigorating a time-honored options strategy, driving it to the best start of a year in two decades.
Artificial intelligence systems help us write essays, produce album art and translate languages. But the bigger impact from these technologies could be a shakeup of the entire software ecosystem, as a developers start to build their products around AI platforms instead of operating systems.
