Wealth Management
Top stories summarized by our editors
12/11/2017

There are multiple opportunities for registered investment advisors to raise outside capital to fund their businesses, but selecting the right partner and structure can present a challenge, said Rich Gill of Wealth Partners Capital Group. He and a panel of advisors provide several tips for accessing capital.

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Rich Gill
12/11/2017

Advisors who have hit their annual targets may see December as a month to coast, writes author Matt Oechsli. He contends it is wiser to spend the month "filling the pipeline" by reviewing the firm's current prospect list and taking advantage of the extra social opportunities of the holiday season to network and add to that list.

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WealthManagement
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Matt Oechsli
12/11/2017

Nearly 40% of working Americans age 65 or older had previously retired but then rejoined the workforce for personal as much as financial reasons, a study found, while more than half of retirees age 50 or older said they would go back to work if the right opportunity arose. The "unretirement" trend marks a significant shift away from the earlier model of leaving the workforce entirely upon reaching retirement age.

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USA Today
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Rand Corporation
12/11/2017

Financial columnist Wendy Connick lists four "housekeeping" tasks for retirement savers to carry out before 2017 ends to make sure their plans are in good shape for 2018 and beyond. She suggests savers should add up their contributions for the year, compare them with their plans and the plans' goals, look at their plans' long-term objectives and, more fundamentally, consider the value of switching to a different savings vehicle.

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The Motley Fool
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Wendy Connick
12/8/2017

In an interview with Robert Powell of TheStreet, FPA President Shannon Pike, CFP®, talks about the need for consumers to select financial advisers based on their competence instead of solely looking at their compensation. Pike says compensation "shouldn't be your first filter in choosing" an adviser.

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TheStreet
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FPA, Shannon Pike, Robert Powell
12/8/2017

The classic quandary for investors centers on the relative strengths of growth versus value stocks. But wide divergences in performance this year suggest it's time to revisit that debate as well as the relative merits of active versus passive investing, writes Zachary Karabell, head of global strategies at Envestnet.

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Zachary Karabell
12/8/2017

Annuity expert Ken Nuss weighs the relative merits of fixed-rate annuities against certificates of deposit and contends that annuities are more beneficial in almost every respect. Benefits of fixed-rate annuities include significantly higher yields, tax deferrals and greater flexibility regarding early withdrawals.

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MD Magazine online
12/8/2017

The Senate Aging Committee issued a report and held a hearing on the challenges facing aging members of the US workforce, including age discrimination and employers' lack of accommodation for older workers. Senator Susan Collins, R-Maine, commented that "employers are going to need older workers; there aren't enough workers in the country that they can afford to discard the extraordinary skills, judgment and experience that older workers bring to the workplace."

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Next Avenue
12/8/2017

The Financial Industry Regulatory Authority has proposed several changes to the process of having complaints removed from disciplinary records. The regulator is looking to put a one-year limit on expungement cases, require a unanimous decision from a panel of arbitrators and raise the minimum filing fee to $1,425 from the current $50.

12/8/2017

Consultant Mindy Diamond explores the independent broker-dealer business model in a podcast, discussing why it is proving so popular among independent advisors. She also discusses what sets it apart from the registered investment advisor model, and notes what advisors should look for when selecting a broker-dealer.

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WealthManagement
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Mindy Diamond