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I had a strong opinion. Then our reporting changed my mind.

It's no exaggeration to say rock-bottom fees are an existential threat to many asset managers. However, technology could still save the day.

Ken Hittel is a 25-year former Executive Officer of New York Life Insurance Company, who spend his last 15 years building the Company’s first Websites and a full-service Corporate Internet Dept. He also received his PhD in Philosophy from the New School for Social Research and now spends his days going to conferences, blogging, and counting squirrels in Central and Riverside Parks in NYC.

Many larger firms have found this investment has raised the quality of service for their clients. But what if you're a small firm?

At best, the variety increases awareness of what the career can offer. At worst, it lends ammunition to critics who insist the profession isn't a profession at all.

Tim Kresl is principal at Broadridge's data and analytics group, Distribution Insight.

Gregory Matisoff is an associate in Venable’s employee benefits and executive compensation group.

Lisa Tavares is co-chair of the Business Division and a partner in the Tax and Wealth Planning Practice at Venable LLP.

When his dad passed away, my client would have to probate 60 different stocks and a New York property, plus handle charitable contributions. At the same time, 13 grandchildren would breathe down his neck for their inherited shares.

Raising the assumed age for decumulation to 67 from 65 could dramatically reduce the percentage of families at risk, an expert says.