The tax drag from fund distributions can be bigger than the alpha of a top-performing manager and considerably larger than the difference in fees between funds.
The Tax Policy Center estimates that income taxes would go up for all Americans, but the largest raises in both dollar and percentage amounts would be on the wealthiest.
The coronavirus that’s forcing lockdowns and roiling economies is spurring a silent revolution in the field of telemedicine. Patients are turning to such services and governments around the world are setting aside reservations about the risks of “couch consultations” to ease regulations.
One of the highest-ranked money managers in the world of ethical investing never expected to work in finance. He is part of a new class of portfolio managers that’s feeding a growing investor population desperate for cleaner returns.
A pandemic-driven global recession is becoming more likely by the day as the flow of goods, services and people face ever-increasing restrictions and financial markets slump.
Small-value investors can choose between index funds and passively managed, structured products. While index funds have lower costs, they don’t offer the same degree of exposure to the small-cap and value factors. Here is how that difference has played out in three prominent funds over the last eight years.
To get the best SEO results from your LinkedIn profile, do the following.
An area of expertise or niche like retirement-income planning is not enough to stand out and for new clients to find you. Top-growing firms recognize this challenge and have adapted by becoming content marketers.
Future-oriented planning serves a purpose, but it misses the central question: What do your clients want their lives to look like?
Why do good people make bad choices? There are plenty of examples of bad conduct, both in the security industry and by corporate titans.
Here are five steps to help guide you toward your own vision for 2030.
I want to talk to clients and ease their concerns during this market volatility. I don’t want to be fielding internal staff fights. Why does growth hurt so badly?
How will the real professionals, going forward, distinguish themselves from the sales agents who are once again comfortably fitting themselves into sheep’s clothing?
I am going to divide this letter into three sections: health and human impact (sometimes a tragic one), economic impact and investment strategy.
Susan John, chair of the CFP Board in 2019, explains her support of the CFP Board’s decision to remove compensation information from its web site.
The popularity of ESG investing strategies has driven up the valuations of those stocks. New research shows that ESG investors should brace themselves for lower returns – and that underperformance may come at the worst possible time.
The future of humanity offers continued and widespread betterment, punctuated by challenges that we have the riches and knowledge to address. Why do so many people fear it?
There are predictable patterns in security returns that conflict with market efficiency. If there are behavioral explanations, these are called anomalies. A new study looks at whether “insiders” exploit those anomalies – and whether investors can benefit from observing insider trading patterns.
CFP Board CEO Kevin Keller is wrong on the facts, the law and common sense.
Sonal Desai, PH.D., is executive vice president and chief investment officer of Franklin Templeton Fixed Income, as well a portfolio manager for a number of strategies. In this interview, she discusses the unique investment strategy she has developed, as well as the key risks – specifically the coronavirus – facing investors.
The CFP Board has eliminated compensation disclosures from its consumer-facing website. It may have had good reason to.
You are not getting what you think you bought. Even if you do want these leads as clients, you are starting the relationship from scratch.
For a lot of women executives, budgeting requires a big change in behavior.
I’m going to answer two questions: How much do advisors typically spend to market their businesses? and How much should you be spending?
If you are not using LinkedIn actively, you are missing a prime opportunity to grow your business. Although the social media platform has been around since 2002, it has gained renewed respect in recent years as more professionals are recognizing its value.
I read your article about the person with a boss who falls asleep and it inspired me to write. What about a boss who is a fluffy, “everything is beautiful” person who never admits anything is wrong?
Use “conscious autosuggestion” to overcome negative thinking.
I didn’t know Clayton Christensen and I hadn’t read any of his writings. He was a Harvard professor best known for writing The Innovator’s Dilemma. He died on January 23, 2020 at age 67.
Margaret Farquharson is a senior director with the Nationwide Funds Group and leads its exchange traded fund business, where she has oversight for all aspects of the business including product development, product management, marketing, distribution, and operations.
Bob Browne is the chief investment officer of Northern Trust Asset Management, which has more than $900 billion in assets. He chairs the firm's investment policy committee, which sets investment policy for all Northern Trust groups. In this interview, he discusses his views on the global economy and markets.
Here are two steps to provide female investors with comprehensive financial planning.
In a profession heavily dominated by men, female financial advisors need women to serve as mentors, role models, confidants and champions.
Jan Blakeley Holman is the director of advisor education for Thornburg Investment Management. As a speaker and author, Jan draws on four decades in the business, first as an advisor, then as a financial services industry executive and now as an advisor to advisors. She has unique expertise in working with women clients and often teaches advisors how to speak with women about managing their wealth.
What software programs are advisory firms using, and what is the market share of each program in each category?
We take for granted the government’s ability to print money and to provide credit to banks and other third parties. Those powers evolved from political struggles nearly 200 years ago, and that episode in our history carries a message for those who argue against an independent Fed or for policies such as MMT to fight inequality.
A George Washington University professor says advisors should target clients based on how financially literate they are rather than on their level of assets.
Advisors should help clients over age 50 reduce debt, not just build savings.
I’m teaching my kids how to read books. But it’s just as important for them to know how to read people. The truth is communicated loud and clear through nonverbal cues; most of the time we aren’t listening.
Nearly 40 years of financial planning experience has taught me that retirement is one of the most impactful emotional transitions in life. As your clients face the shift from earning a paycheck to relying on sources other than work for income, difficult emotions and deeply buried money scripts will surface.
I outline what marketing personalization is and how advisors can use it in this digital age.
When I meet with him alone in his office, rather than engage, my boss reads his emails or notes on his desk and once – true story – he fell asleep in his chair as I was speaking to him.
Divorce is devastating – emotionally, mentally and physically. But, most importantly, according to a recent study, a huge percentage of women suffered unanticipated financial consequences that could have been mitigated or eliminated with better planning.
After years of working with high-earning female executives, I’ve found that their cash flow management problems are not a matter of not having enough income or wealth. The problem is not knowing where it’s going.
Written content is king, but video is queen. Just as the queen is the strongest piece in chess, video marketing is the most powerful tool in a financial advisor’s marketing arsenal.
If you want to scare the heck out of yourself, read this report from VPNoverview on typical “dark web” data theft sites, including the cost for compromised data such as PayPal transfers, bank cards, and full identities.
Sometimes life is an endless exercise in trying to attain goals that are just slightly out of reach. Even when we reach those goals, we’re not satisfied. We set new ones and repeat the process. But I’ve found a surprising “happiness hack” that breaks this cycle.
It’s scrappy and humbling, but their phone is the one thing that people will run back into a burning building to retrieve. Bring cold calling back into your 2020 marketing!
Reverse mortgages seem like a great idea for hordes of baby boomers who don’t have enough income to maintain their lifestyles, or – worse – to buy basic necessities when they retire. Although some advisors and academics have demonstrated how reverse mortgages are good wealth management tools for certain clients, a new working paper from the World Bank examines why they haven’t worked to solve inadequate retirement savings and longevity risk.
Clients are now meeting with their accountants to review the past year and look ahead. Charitable giving has become much more prevalent in those annual conversations as a result of the tax law changes at the end of 2017.
On how the investment industry commercialized “socially responsible investing,”On how financial marketers built a mythology around the analytical tool ‘ESG,’On how the United Nations abetted the sale of private profit as public good,And why these triumphs of free enterprise obstruct progress on climate change.
