Practice

Pre-retirees are encouraged to save aggressively and create a list of things they plan to spend their money on without remorse, an expert says.

The former investment advisor, convicted of running one of the biggest Ponzi schemes ever, says he suffers from terminal kidney failure and other ailments.

Entrepreneur Abraham Okusanya explains in the latest episode of Financial Planning’s new In|Vest Podcast how he’s trying to help firms and planners tackle retirement distribution.

"It took a little time to regain our equilibrium."

Advisors can protect clients’ estate planning goals post-Secure Act but the vehicle will have to change.

Geospatial data may assist the muni industry with monitoring the economic impact of wildfires or natural disasters, an expert says.

Fear and worry are rampant. One client asked if any other client had recently returned from China.

The unit was awarded a bonus pool that’s 5%-10% larger than last year, reflecting increased profits and assets, people familiar with the matter say.

“It’s like nuclear fallout. The bomb didn’t drop on you but you were within five miles of it," said Alan Johnson, managing director of compensation consultant Johnson Associates.

Clients can void overspending by seeking out sales and discounts to lower their food and entertainment costs.