In Practice
Tips for Managing through the Crisis
Many advisers are trying to juggle increased client concerns with running a business—oh, and having a personal life.
J. Crew Cost-Cutting Clips 401(k) Match
J. Crew Group, Inc. has announced the initiation of a cost reduction program that includes reducing headcount, eliminating 2009 merit increases, and suspending the 401(k) match.
401(k) Match, Auto-Enrollment Key Participation Drivers
At a time when some employers are suspending their 401(k) match to save money, a new research study suggests the match is a “critical component″ of pushing up...
Neither Oldest nor Youngest Boomers Prepared for Retirement
A second look at the Baby Boomers who turned 62 last year and a new look at the younger Boomers, now turning 45, shows both are not saving...
African Americans Not Using Advisers
Nearly nine out of ten surveyed African Americans acknowledge they do not have a professional financial adviser, according to a survey by Nationwide.
Fewer Expect to Fully Retire
Fewer Americans expect to retire, but many remain confident in their own ability to plan for retirement.
Buyers of Long-Term Care Insurance Get Younger
An industry-sponsored study found that 86% of individual buyers of long-term care insurance last year were younger than age 65.
America's Most Expensive Airports
Before you traverse to Traverse City or shoot over to Charlotte, check out this list of America’s most expensive airports for domestic travel.
Market Woes Have Widened Retirement Savings Gap
While participants realize their retirement savings have taken a hit with the market downturn of the past year, they might not know just what that hit means for...
Advisers Cite Client Anxiety about Retirement
Clients are making unwise decisions more often than usual, according to most advisers.
Market Impact on 401(k) Accounts Differs Among Participants
Whether participants view 2008 as a good year for earnings on their 401(k) or a bad year can depend on account balance, age, or job tenure, according to...
Advisers Move to Independence, but Wirehouses Are Here to Stay
Almost one-fifth of advisers are considering a move to independence, according to Cerulli Associates.
Service Members Need More Retirement Education
Military officers are more likely than civilians to seek out independent financial advice, according to a survey funded by the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation.
Advisers Gain Clients, Boost Communication Efforts
More than half of advisers said the current market has caused clients to delay retirement plans, according to a report from Cerulli.
Participants Lack Knowledge about Retirement Income Options
Retirement plan participants have a low awareness of retirement income strategies, a report from Spectrem suggests.
More Affluent Boomers Revamp Retirement Plans
More than half of affluent 60-year-olds are changing their retirement plans—double the number from the same survey almost a year ago, according to Bell Investment Advisors.
Advisers Eat Their Veggies
As a busy adviser, it might be easy to drop by and pick up some fast food, but how many of you actually do?
Advisers Toughing Out Troubled Times
The times may be troubled, the markets volatile, but advisers seem resilient.
Concerned Clients Calling More
A more volatile market and nervous investors appear to be taking more time from their financial advisers.