Wilshire Associates of Santa Monica has introduced a new software feature that allows plan sponsors to evaluate the relationship between the size of assets under management and the return for a given investment manager. Called "Asset Growth vs. Value-Added," it has been incorporated into the Wilshire Compass, software that helps investment executives determine asset allocation strategies, optimal manager allocations, and ideal managers for specific asset classes.
Drive time with Alex Lundgren and other financial advisors helped spur a niche serving Micron employees in Idaho.
Financial Planning is seeking candidates under the age of 40 for its annual awards recognizing advisor employees at both wirehouse and regional firms for industry-leading production.
Many wealthy retirees hesitate to spend their savings. Advisors share how budgeting and cash flow planning help clients enjoy their wealth.
Despite common assumptions, child-free clients have plenty of planning complexity. Advisors shared their approach to planning for this demographic, from encouraging "no-kid dividends" to building care teams early.
A proposal is meant to ensure advisors can trade client assets on a discretionary basis without triggering onerous custody requirements, while also giving them a self-custody option for crypto.
Thirty-seven percent of those making more than $500,000 live paycheck to paycheck, Goldman Sachs found, making this a problem for more than just lower-income workers.
