Wealth Management
Top stories summarized by our editors
6/23/2017

Podcasts can be useful for advisors to differentiate themselves from competitors, as well as to market services, educate clients and strengthen reputation, writes estate planner and author Craig Hersch. He offers tips for producing an effective podcast series.

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WealthManagement
6/23/2017

A recent webinar from the Goodwin Procter law firm provides an in-depth analysis of the implementation of the Labor Department's fiduciary rule. The attorneys noted the possibility that the rule could undergo some changes and warned firms to think seriously about which staff members were talking to clients.

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PlanAdviser online
6/23/2017

While the Financial Industry Regulatory Authority reviews its position on outside business activities, FSI has issued a report on activities beyond the normal broker-dealer portfolio that provides case histories, recommendations and guidance on aspects including disclosure and enforcement. "By leveraging the insight of our members and applying the extensive experience of our partners, we can provide actionable common and innovative practices to help our members respond to common issues and pitfalls regarding outside business activities," said FSI President and CEO Dale Brown.

6/23/2017

An advisor survey conducted by Hartford Funds revealed 62% of respondents said client anxiety, particularly when fueled by geopolitical events, has resulted in poor investment decisions within the past year. John Diehl of Hartford Funds said it is vital for advisors to start a conversation with clients about such fears and points out three key issues to address.

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Hartford Funds, John Diehl
6/23/2017

Collective investment trusts, which many large 401(k)s use, are gaining popularity with smaller plans, too, largely because they offer significant cost advantages. Greg Iacurci outlines benefits and drawbacks of these trusts.

6/23/2017

The Fourth Annual Financial Planning Association Advocacy Days saw the largest group of financial planners come to Washington for face-to-face meetings with lawmakers, writes FPA President Shannon Pike. It gave FPA members a chance to reaffirm their determination to put their clients first and their support for a fiduciary standard.

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The Hill
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FPA, Shannon Pike
6/23/2017

While advisers can't control the market, they can control their emotional connections with their clients and colleagues, writes John L. Evans Jr., executive director of Janus Henderson Labs. He breaks down a four-step approach to business development called the "Circle of WOW."

6/23/2017

The Certified Financial Planner Board of Standards Inc. has issued a new proposal that would mandate that CFPs act in the best interests of their clients at all times. The proposal would cover all financial planners, including brokers who hold the mark.

6/22/2017

Retirees who settle abroad might run into unexpected obstacles, write Suzan Haskins and Dan Prescher. They outline three of the biggest myths Americans buy into about retiring abroad, drawing on 16 years of experience living overseas.

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HuffPost
6/22/2017

Firms are having to evaluate the value of research they perform and distribute as regulatory changes focus on the cost of research. Pumping out content with no regard for value is no longer feasible.

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Street Contxt