Seventy-one percent of the 401(k) investors who responded to the survey said they plan to keep their current investment strategy. Many see the market as a "buy opportunity," with 33% saying that they plan to increase the amount they currently contribute to their portfolios.
In addition, the firm--which has lost 17% of its total assets year to date, according to
Fidelity did not say how many of its investors were surveyed.
Financial advisors and estate planning attorneys say arrangements can be as simple or complex as clients want them to be, but pet trusts are often the best option.
As RIAs look to offer more holistic planning, many are partnering with CPA firms to deliver tax expertise without the cost and complexity of building it in-house.
Rare book collectors can sometimes see a healthy return on an investment, but advisors and other experts say the market is illiquid, and volatile — and books require careful storage and preservation.
A recent report has found that the majority of cryptocurrency holders are aware transactions are taxable and want to comply, but struggle with actually doing so.
Women now make up about 26% of financial advisors, but growth has stalled. Advisors say structural barriers are holding the industry back.
A recent downturn has highlighted the external factors weighing on the price, but experts say the fundamentals haven't changed.
