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According to the survey, 70% of RIAs cited market volatility as the top concern among their clients, while 99% said it was among clients top three concerns. Only 6% of RIAs said wealth accumulation was a top client concern.
November 17 - PH
Financial advisors are much more pessimistic now about the economy than they were in early 2011, a survey by MFS Investment Management found.
November 16 -
Not only do Americans expect to work longer to save enough for retirement, they expect to work way longer. New research by Wells Fargo shows that the anticipated retirement age has now stretched as much as 15 years past age 65.
November 16 -
Calling the odds of a recession in the U.S. and beyond uncomfortably high, Morgan Stanley Smith Barney says it has shifted to an overweight position in safe haven assets and is underweighting risk assets.
November 15 - Financial Planning Education 101: 10 Standout Schools
With so many CFP Board-registered programs out there, Financial Planning focused on 10 worthy institutions. We talked to veteran planners and industry leaders to get a sense of which 10 programs belonged in an overview. Our list is not a ranking. Like this survey itself, the information we've gathered is just a starting point. Think of it as Financial Planning Education 101, an introduction.
November 14 -
High-net-worth investors are focused on preserving wealth rather than taking short-term risks in todays volatile markets.
November 1 -
S&P Capital IQ mutual fund analyst Todd Rosenbluth highlights three five-star mutual funds for advisors and analysts to keep an eye on this year.
November 1 -
Barclays Wealth announced the hiring of six advisors in its Boston, New York, Dallas and Miami offices. The new hires all have backgrounds serving high net worth clients, Barclays said in a press release Friday.
October 28 -
TD Ameritrade Institutional announced a new options trading, education and support package for advisors Thursday.
October 27 - PH
Albridge, an affiliate of advisory firm and business solutions provider Pershing, announced improvements to its compliance and operational capabilities.
October 25 -
State Street Global Advisors, the asset management business of State Street Corporation, has announced changes to the indices and names of five financial industry SPDR ETFs.
October 24 -
A doctoral candidate and his advisor from Texas Tech University won the Retirement Income Industry Association's first Thought Leadership Award, the association announced at its fall conference Tuesday.
October 5 -
When it comes to retirement income, clients are concerned about rising health costs, and they probably also should be concerned about long-term care, said a top executive of Merrill Lynch's Retirement Income Program, in a keynote address at the Retirement Income Industry Association's fall conference.
October 4