For advisors and planners looking to get the most out of their summer reading, these titles make a great addition to any carry-on.
In case you missed it: Here’s this week’s headlines you might have missed.
Just one year after the Department of Labor fiduciary rule was vacated, the financial services industry is again reeling and rejoicing (depending on where you are in the industry) after the Securities and Exchange Commission’s approval of Regulation Best Interest and its subsequent rulings.
The three-fold rulemaking package, which debuted last April went up for a vote this morning as Chairman Jay Clayton and Commissioners Elad Roisman, Robert Jackson, Jr. and Hester Peirce gave their final thoughts on the matter before the vote.
The Securities and Exchange Commission is voting tomorrow on a three-part rulemaking package containing regulation best interest.
In case you missed it: Here’s this week’s biggest headlines.
Across the financial planning profession opinions vary greatly about what is appropriate attire for meeting with clients, attending conferences with their peers and leaving their own personal mark on their style.
AdvisorNews asked a varied group of advisors for their thoughts on attire. Here’s what they had to say:
Knowing what an investor wants is hard. It requires being a teacher, behavioral coach and an advisor, but it doesn’t have to require being a mind reader.
After months of visiting and listening to members, the Financial Planning Association’s national leadership recognized that their centralization plan was far too much too soon for members.
ICYMI: The House Passes The SECURE Act, FPA’s OneFPA Network As A Second Draft And Disability Insurance’s Impact On Financial Health
In case you missed it, here are a few headlines from this week in financial services news.
The Securities and Exchange Commission scheduled a June 5 vote on its Regulation Best Interest rulemaking package. The vote will…
A former congressman told an industry group he believes Congress is “co-partisan” when it comes to retirement security issues.
ESG investment strategies are on the rise, the Allianz ESG Investor Sentiment Study found, and the return on investment isn’t the only reason these in-demand investments are making waves with investors – it’s the emotional payoff.
CHICAGO – The 2019 Morningstar Investment Conference wasted no time answering the most pressing questions on advisors’ minds. From understanding…
Charts, plans and formulas can tell clients the right thing to do, but they will not get clients to do the right thing, according to Morgan Housel of The Collaborative Fund.
The Massachusetts Securities Division requests public comment on a proposed amendment to existing disclosure obligations on advisors registered in the state.
Melanie Husk, a financial planner and founder of MEL Consulting Company in Chicago has made a career of helping people achieve their financial goals. A former volunteer with Women Tech Founders and Femfessionals, Husk has made it her focus to empower women to economic prowess. At her company, Husk teaches a financial wellness program once a year to educate and empower women. AdvisorNews asked Husk a few questions about what advisors can do to better empower female investors.
In case you missed it, here are a few headlines from this week in financial services news.
Clients often come to estate planning with a lot of misconceptions. Here’s a few big ones and how advisors can get their clients back on track with a successful estate plan.
In case you missed it this week President Trump nominated a new SEC commissioner and Maryland gives state fiduciary rule a bad report.
Utilizing your EQ more often with clients, family and friends can help you better understand people and their motivators. Employ these techniques to improve your EQ and enjoy the benefits of a more personal connection to those around you.
March is Women’s History Month. As such, it’s the perfect time to celebrate the historic women who paved the way for all of the women currently working in the financial services industry by acknowledging the triumphs and obstacles they faced and sharing their stories.
Sustainable investment strategies have the financial services industry seeing green in more ways than one.
Advisors: help your clients separate fact from myth by educating them on these common misconceptions.
The United States House of Representatives Committee on Financial Services and the House Subcommittee on Investor Protection, Entrepreneurship and Capital Markets held a hearing Thursday morning examining the Securities and Exchange Commissions proposed Regulation Best Interest rule.
A new type of advisor is emerging, shaking up traditional, outdated approaches and placing greater emphasis on getting ordinary workers retirement-ready.
Are you or someone you know new to the financial services industry? Check out our guide to industry associations and groups to make the decision-making process a little easier.
The eye-opening experiences of helping her husband transition into retiree life prompted Adams to starting focusing on the non-math aspects of retirement with her clients ensuring they really are retirement – ready.
The continuing government shutdown has left federal agencies scrambling. Short-term, tax refunds and passports could be delayed being issued, but the long-term implications could have dire repercussions for potential policies such as the Securities and Exchange Commission’s Regulation Best Interest standard, which, prior to the shutdown, was due out sometime this year.
So, where is the policy now? What’s changed? And when can advisors anticipate a final rule on Regulation Best Interest?
Can states and financial professionals work together to help more people save adequately for retirement? One expert thinks so.
There’s been no shortage of financial news in 2018. From the SEC’s Regulation Best Interest to the ups and downs of the stock market, here are the best AdvisorNews articles of 2018.
In 2018 alone 16 states and one city have introduced legislation to tackle the growing issue of the retirement savings gap among private-sector workers. Which states and what are the specifics on these newly introduced plans?
The holiday season is the time of year for celebrating our many good fortunes and giving back to the community….
Since mid-October the stock market has been volatile to investors, soaring upward one day and crumbling the next. This week alone the Dow Jones lost 913.25 points. So, has the six-week slide left investors skeptical of the market and its growing volatility?
The FPA announced to chapter leaders on Nov. 2 that it would pursue a new business model in 2019. This week an email sent out by Executive Director and CEO Lauren Schadle to FPA members detailed the changes coming to the organization.
While the IAC is optimistic about the SEC’s REG BI proposal, it offered a few changes for consideration after reviewing public comments. A recent statement from the IAC suggests that their previous suggestions were not taken by the SEC.
Asking someone you’ve never met to trust you with their finances can be a daunting conversation to face. To newcomers to the industry, the idea of building trust and confidence sounds like an uphill battle with a lot of rejection along the way. Here’s what veteran advisors had to offer about talking to perspective clients and making first steps with new clients.
While the SEC revises its rule-making package containing regulation best interest, Form CRS and title reform, several states are taking matters into their own hands, establishing a fiduciary standard in the hopes of better-protecting investors.
Historically speaking, Oct. 24 has never been a good day for the stock market (or much else for that matter. No, really – look it up). So, why has this day become nightmarish for those on Wall Street? It all started on Oct. 24, 1929.
Unlike business owners of other generations, Millennials are more likely to be prepared and supportive of their employee’s retirement planning, a Nationwide survey suggests.
When the TCJA passed last December, it made several sweeping changes to policies such as the generation-skipping transfer tax. Although it’s worth noting that those changes are still temporary, experts say it’s better to take a second glance at those estate plans now.
Despite the definition in the Investment Advisers Act of 1940, there still seems to be a disagreement as to whether or not the title and its two spellings are an issue.
You might have a fancy office, but the advisor down the street has a fancy office, too. You both also have a website and business cards. At a certain point, the markers that used to represent success become the norm, and these items — like a nice office — aren’t what will set you apart.
Analysts and market forecasters are also keeping a close eye on the elections given that policy, tax reform and infrastructure could all change, November could cause a rise in market volatility.
On Wednesday, the Senate confirmed the SEC’s newest commissioner Elad L. Roisman.
2017 was the lowest year on record for registered firms entering the industry, according to FINRA’s 2018 Industry Snapshot Report.
In a statement from the SEC, Chairman Jay Clayton shared his takeaways from the feedback the commission has received regarding the proposed rule-making package that contains Regulation Best Interest, Form CRS and a fiduciary standard.
Data from LPL Financial suggests that while active managers have struggled to perform against equity benchmarks the past few years, they may be poised for a comeback.
Days before the SEC comment page closed, Industry heavyweights Michael Kitces and Ken Fisher shared their thoughts on the threefold rule proposal containing a fiduciary standard, Regulation Best Interest and Form CRS.
The deadline to comment on Regulation Best Interest, Fiduciary Standard and Form CRS closes on Tuesday, August 7. So far, thousands of comments have poured in from investors, financial professionals and special interest groups.
The financial world has been trying to understand this tech-savvy, minimalistic generation for years and now, research is finally shedding some light on this elusive group.
One in three financial advisors recommended permanent life insurance in 2016. By 2018, only one in four recommended the products, according to the 2018 Trends in Investing Survey conducted by the Financial Planning Association.
With less than one month left to weigh in on Regulation Best Interest, investors and interest groups have inspired thousands of consumers to make their opinion known.
“We want your views,” SEC Chairman Jay Clayton says of the SEC’s cross-country roundtable tour to hear from investors.