Wealth Management
Top editor picks, summarized for you
2/9/2016

Dan Caplinger asks some fellow Motley Fool experts what the most important rule for investing is. He notes that "there are a few rules that stand the test of time no matter what market conditions you face."

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The Motley Fool
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Dan Caplinger, Motley
2/9/2016

When people switch jobs, they sometimes cash out of their defined-contribution retirement plans. Such "leakage" can make it harder for people to save for a secure retirement.

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PlanAdviser.com
2/9/2016

A good way to find prospects who would be interested in your services is to create a survey, writes Mike Patton. This "could help advisors understand what clients value most and open the doors of communications on this ever-important subject," he writes.

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ThinkAdvisor
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Mike Patton
2/9/2016

An emergency message from the Social Security Administration offered guidance on a recent change to spousal benefits rules. But it has yet to address its recent rule changes to the once popular file-and-suspend strategy.

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InvestmentNews
2/9/2016

Advisors can turn to a bevy of personality tests to help identify ideal job candidates. Before selecting a test, "make sure the tool will reveal something useful," writes Liz Skinner.

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InvestmentNews
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Liz Skinner
2/9/2016

Many baby boomers are also business owners facing the reality of impending retirement and the need to exit their business. Unfortunately, many have put off retirement planning until now, writes Allan Hirsch.

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baby boomers
2/9/2016

Advisors are contemplating the use of reverse mortgages and other tools to help defray the cost of health care in retirement. "It is clear that there is a critical nexus between financial advising, tax planning and health care planning that is more and more important," writes Katy Votava.

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InvestmentNews
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Katy Votava
2/9/2016

If the Labor Department's fiduciary rule proposal is adopted, as expected, issuers might be prompted to change from paying variable annuity sellers upfront commissions to a model that calls for ongoing fees paid by the consumer.

2/9/2016

Market turmoil provides advisors a chance to exert more control over clients' 401(k) accounts, writes Ric Lager, president of Lager & Co. "The best single way to improve the company 401(k) retirement plan experience for your best clients is to urge them to take advantage of the self-directed brokerage option," he writes.

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ThinkAdvisor
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Ric Lager
2/9/2016

People in certain demographic groups are more prone to becoming disabled than others, and financial advisers should pay attention and consider directing clients toward disability insurance when appropriate, according to Stuart Heckman, assistant professor at Kansas State University. A paper by Heckman, "Financial Catastrophe Due to Disability: Which Households Are Most at Risk," recently won FPA's Best Applied Research Award.

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Kansas State University, FPA