Trendspotting
Talent Search: Firms increase recruiting efforts for advisers
Gray Area: The number of financial advisers in the U.S. declined from 256,569 in 2005 to 245,831 last year, according to The Cerulli Edge—Advisor Edition.
ETF Uptake: Financial advisers see ETFs as the most innovative investment vehicle in the last two decades
Fee Country: A study by research firm Strategic Insight says that advice in the mutual fund business increasingly is provided through fee-based accounts.
Overshooting the Target: Target-date funds might overallocate equities
Even You Might Not Be Saving Enough: It is the classic situation of the doctor who does not have time to exercise or the hairdresser with unkempt hair.
Not Matching Up: Most 401(k) participants make savings mistakes
Growing Pains: Advisers grow business despite market conditions