Interest rates

Advisors scramble to help clients earn interest, but with rates set to rise in 2022, richer households could see their portfolios hit harder because of duration risk

How the pandemic is accelerating trends in financial advice and changing the way Americans manage their money.

Concern has already seeped into U.S. markets with the cost of goods including lumber and steel rising this year.

Here’s what managers at some of the largest firms have been discussing and say should be top of mind in the months ahead.

Although home prices have been surging, Bloomberg’s Alexis Leondis suggests a housing supply shortage will keep values from collapsing in the near future.

The impact of lockstep moves in bonds and stocks can be seen in sophisticated portfolio strategies such as risk parity, experts say.

Though interest rates remain low, the partnership gives advisors specialized deposit accounts and lending opportunities tailored to wealthy clients.

The central bank’s policy-making body repeated it would maintain its bond-buying program until “substantial further progress” toward its employment and inflation goals has been made.

Without market-leading, high-yield savings accounts, cash management at Betterment and Wealthfront isn’t as attractive as it was in 2019.

The low interest rates pushing down sales across most fixed and variable lines are also boosting certain products.