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Financial Advisers

What Financial Advisors Can Learn From A Raisin In the Sun

Aleeka Kay Edwards | Posted 11.09.2015 | Hawaii
Aleeka Kay Edwards

The play debuted in 1959 but the enduring theme remains: inner wealth is the foundation for outer wealth.

Republican Presidential Candidates Sound a Lot Like Financial Advisers | Posted 08.19.2015 | Politics

Did you happen to see the Great Presidential Debate a few weeks ago that debuted 10 Republican candidates for President of the United States? I thought Fox News did a decent job asking tougher questions that many of the candidates did not want to answer.

Financial Advisers - Trust, the Double-Edge Sword | Posted 07.31.2015 | Business

Many of us were told since childhood to avoid "dark alleys," but all too often we seem to forget this important advice when it matters most. The metaphor of a dark alley in the context of financial advisers is perfectly suited to describe a place in which you would never want to be.

6 Ways a Financial Adviser Can Help You | Posted 07.09.2015 | Business

Many may view the role of a financial adviser as one who has unique insights into the market to give their clients an advantage. However, that belief is far from the truth.

Annuities, Experts and My Losing 90 Pounds

Don McNay | Posted 05.21.2015 | Business
Don McNay

I was in a coffee shop, having breakfast with my daughter, Angela Luhys, on a week when my weight loss had reached the 90 pound mark since November. While sharing this great milestone with Angela, the guy in the booth behind me was trying to sell an annuity.

Investment Management: The Great Debate | Posted 05.11.2015 | Money

The passive style of investing advocates present their case by stating that the markets are efficient. In other words, the vast majority of information that can be known is already in the market place and therefore there is no advantage to spending effort in researching stocks because there is little that is unknown about their prospects. I

Look Before You Leap Into Schwab's New Robo Investment Service | Posted 05.18.2015 | Money

Is it a free lunch or not? The answer is in the disclosure that contains a lot of vague language that will not mean much to most investors.

I'm Retired So Now What Do I Do With My 401(k)? | Posted 05.12.2015 | Money

Financial Planning is not a one-time set it and forget it event, it's a process that must be reviewed for changes over time and adjusted.

5 Reasons Not to Invest With Financial Advisers at a Brand Name Firm | Posted 05.12.2015 | Money

Too many investors select financial advisers from brand firms because they believe it is a safer decision. But, are they really safer based on misleading TV commercials? The number of investors who believe they are safer is dropping.

Zach Carter

How Democrats Almost Strangled The Obama-Warren Retirement Security Plan In The Cradle | Zach Carter | Posted 02.24.2015 | Politics

WASHINGTON -- President Barack Obama unveiled a significant retirement security proposal with Sen. Elizabeth Warren (D-Mass.) on Monday, announcing pl...

A New Financial Rule and a Lone Official Win Allies Against Wall Street

Richard (RJ) Eskow | Posted 04.26.2015 | Politics
Richard (RJ) Eskow

A lone bureaucrat has been fighting the financial industry for years, on a issue which stands at the intersection of two national challenges: investment regulation and retirement security. Along the way she's collected some new and interesting allies. Is that a sign of things to come?

4 Reasons to Avoid Multiple Financial Advisors

David A. Dedman | Posted 04.07.2015 | Money
David A. Dedman

Many investors I talk to use multiple advisors. When I ask why, I commonly get the response "I don't want to put all my eggs in one basket." That defines diversification for investments, and that's smart. It may not be as smart to diversify amongst financial advisors. Let's look at a few reasons.

Debunking Myths: All Financial Advisers Tell the Truth | Posted 02.09.2015 | Money

If you still believe in Santa Claus, you may believe advisers are supposed to tell the truth by not omitting pertinent information and misrepresenting other information that impacts your financial decisions.

Tash Elwyn Thinks Like A Woman-How Raymond James Private Client Group Is Better For That

April Rudin | Posted 12.24.2014 | Business
April Rudin

If you become the type of man (in financial services) who can say emotional intelligence without laughing, listening to what clients (and people) are telling you, helping them to separate the signal from the noise, you also can be a man who can think like a woman - someone who is the new fresh-faced voice of Wall Street.

Got Wealth? Here's How To Keep It

David A. Dedman | Posted 11.25.2014 | Money
David A. Dedman

Keeping wealth can be just as much of a challenge as growing it in the first place. All of these are solid ideas you can implement today.

Retirement Class Warfare Is Coming to America | Posted 11.17.2014 | Money

A 2014 Retirement Confidence Survey (RCS) conducted by the Employee Benefit Research Institute showed Americans are increasingly confident in their ab...

Columbo Had His Questions, But He Never Hired a New Financial Adviser

David A. Dedman | Posted 10.28.2014 | Money
David A. Dedman

Now you are your own Columbo. You have a few questions at the ready to slip into the conversation after they get to talking. Maybe after the pleasantries? Remember, you are looking for straightforward answers to the questions. No evasive stuff.

Target Date Funds - Statistics That Matter | Posted 10.04.2014 | Money

Target date funds are on a growth trajectory that will take them to $4 trillion by 2020, from their current level of $800 billion. That's 30% per year growth over the next 6 years. On a percentage basis, TDFs will increase from 25% of all 401(k) assets to about half.

Robo Financial Advisers Want Wall Street's Trillions | Posted 09.26.2014 | Money

If they succeed, they just might change a Wall Street sales culture that has been abusing investors since 1975.

A Thriving Export to Canada: Broker Misconduct

Dan Solin | Posted 05.04.2014 | Business
Dan Solin

There is one area where the conduct of Canadians seems to be on par with their American counterparts: the securities industry. It appears that financial advisers at some top Canadian banks and independent financial firms mimic similar conduct prevalent in the U.S.

Are You Hiding Money From Your Financial Advisor?

David A. Dedman | Posted 04.27.2014 | Money
David A. Dedman

It always amazes me that clients don't understand how important is to be accurate.

529 Plans: The Tax-Advantaged Savings Account that Can Curb College Debt

Tim Chen | Posted 02.11.2014 | Money
Tim Chen

Americans are getting serious about saving for college. A record total of over $205 billion has been invested in 529 higher education savings plans as of June 2013, according to the non-profit College Savings Plan Network.

Perform an Easy Check to Ensure Your Broker Is Not Among 70,000 With a Blemished Record

Andrew Wang | Posted 02.05.2014 | Money
Andrew Wang

It isn't worth risking your hard earned savings.

Do Your Interests Come Before Your Advisor's? What You Need to Know

Andrew Wang | Posted 01.23.2014 | Money
Andrew Wang

The phrase that you need to know is 'fiduciary standard.' The fiduciary standard is a code of conduct for the approximately 10,500 registered investment advisors who are regulated by the U.S. Securities and Exchange.

Don't Let Bully Financial Advisors Take Advantage of You: 3 Questions to Ask Any Financial Professional

Tim Chen | Posted 01.23.2014 | Business
Tim Chen

Some financial advisors want the best for your budget; others are a little more disingenuous -- they'll bully their clients into buying products they don't need. If you suspect that an advisor is trying to get the better of you, don't let yourself be prodded or pushed in the wrong direction.