Self-Directed Retirement Investors In Brokerage Accounts Stay in Equities Despite Volatility
According to a Charles Schwab report, the average account balance decreased approximately 20%, year-over-year.
In Practice
AARP Finds Major Gap Between Retirement Goals and Preparedness
A new AARP study finds there is still a wide gap between the importance people put on retirement planning and...
Plan Advisers Value Trustworthiness, “Personal” Touch from DC Recordkeepers
Retirement plan advisers respond to DC recordkeepers that are present, active, and trusted partners, according to an annual Cogent Syndicated...
Financial Firms Looking to HBCUs, “Pipeline” Programs to Bolster Diversity
Two new programs focus on advancing diversity in the financial management space by working with historically black colleges and students.
Sharp Year-End Decrease In Bonuses Expected for Financial Sector
In the financial services sector, base salaries increase 4% to 5% for the second straight year in 2022, while bonuses...
Expert Panel: Today’s Retirement Plan Advisories Require Specialization
An evolving small business market, increased regulation, and shifts in client needs all lead to more specialized retirement plan advisement,...
Retirement Account Balances Down 21% or More in Q3, Fidelity Data Shows
Data from more than 35 million participants in Fidelity accounts shows a steep hit to balances during the market downturn,...
Retirement Plans Still Vital in Talent War to Retain Employees
Research from Voya finds U.S. workers still value a retirement plan about as much as a flexible work arrangement. Ubiquity...
53% of Savers Who Rely on Workplace Plans Don’t Work with Advisers
U.S. consumers have a growing appetite for professional financial advice, but more than half of people relying on their employer-sponsored...
Recordkeeper Consolidation Leads to Drop in Proprietary Product Share, Opening Door for Asset Managers
The consolidation of DC plan providers may not be as much of a threat to asset managers as some have...
SPARK Releases Updated Data Security Best Practices
Updates were developed by SPARK Institutes data security oversight board, are consistent with the DOL best practices.
Expert Panel: The Economic and Political Sides of ESG
Experts caution against including political values in investment strategy, but explain that ESG is not a political agenda.
Smaller Asset Managers Lag Behind in Adviser Digital Experience
Gap in website satisfaction between large and small asset managers could lead to less investment.
Full-Service Retirement Advisers Are Engaging in Busy Open Enrollment Season – With a Light Touch
Retirement advisories at companies also providing HR benefit, wealth management, and financial wellness are talking saving during this period of...
Regulators: Crypto, Fake IRAs Increasingly Used to Scam Older Investors
Representatives from NASAA, the SEC, and FINRA spoke about the need for financial advisers and firms to be trained to...
Financial Advisers Focused on Client Outreach
A new survey finds that a majority of advisers expect marketing efforts to play a big role in growing their...
Women in Senior Roles Reach Retirement with 62% of Wealth of Male Peers
The wealth accumulation gap between women and men is largest in leadership roles, in part because the pay trajectories for...
FINRA Prompts Succession Planning for Aging Adviser Industry
Financial Regulator FINRA issues guidance on succession planning for the graying adviser space, including small firms looking to sell.
The Case for the 60/40 Portfolio’s Survival – In Two Charts
60/40 investing for long-term savers is coming under fire with the recent market downturn and rise in alternative options. Researchers...
Which Party Does the Financial Industry Support?
It’s complicated. Data shows that some sub-industries within finance tend to support Democrats while others support Republicans.