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HNW Market Offers Bountiful Adviser Opportunities
While many high-net-worth Americans vow to make financial planning decisions without the aid of an adviser, a growing number admit they’re relatively clueless about investing.
Affluence Does Not Ease Retirement Concerns
Despite the fact that the majority of high-net-worth individuals say they are extremely secure with their long-term wealth, their primary financial concern is their retirement security.
Fidelity Launches Three Advisor Funds
Fidelity Investments has unveiled three new Fidelity Advisor funds, providing financial advisers and their clients with greater diversification across asset classes and geographical areas.
CAPTRUST Financial Advisors Expands to New York
Scott Wertheim has joined CAPTRUST Financial Advisors as a Vice President, Financial Advisor in New York.
Claymore Advisors’ ETFs to Track Morningstar Super Sector Indexes
Claymore Advisors, LLC will be using Morningstar Super Sector Indexes for its new exchange-traded funds (ETFs) that track the manufacturing, services and information sectors.
SEC Won’t Challenge Broker Registration Ruling
The Securities and Exchange Commission has decided not to challenge a controversial court decision regarding broker registration.
Fidelity Introduces Web-Based CRM and Financial Planning Offerings
Through relationships with Oracle and Emerging Information Systems Inc. (EISI), Fidelity Investments will introduce customized and efficient customer relationship management (CRM) and financial planning systems for registered investment...
International Investing Appeals to Affluent Households
Nearly half (40%) of affluent households will continue to, or begin to, seek investments abroad, according to a new report from consulting firm Spectrem Group.
Mothers and Daughters Don’t Share Family Values on Retirement
Daughters are more than twice as likely as their mothers to enter retirement steeped in debt of $25,000 or more and be forced to work far longer than...
Phased Retirement Excites Workers, Not Employers
Despite all the recent attention to, and discussions about, phased retirement for Baby Boomers, a new study indicates some employers aren’t jumping for joy about the prospect of...
Lincoln Offers Variable Annuity Guaranteed Distribution Option
Lincoln National Life Insurance Company now offers participants in the firm’s defined contribution plans an annuity distribution option.
IMHO: A Prospective Perspective
Plan sponsors (and advisers) who think the Pension Protection Act’s automatic enrollment safe harbor represents an easy solution to disappointing participation rates may have another “think″ coming, according...
Elite Advisers Share Five Characteristics
Every adviser needs to think about what they are known for and what they would like to be known for.
Today’s Parents Have it Tougher – But Are They Better?
By any measure, it’s tough being a parent– but are today’s parents doing a better job than their parents did?
ING B/Ds Lower Advisory Account Fees
The broker-dealers of ING are lowering the fees that their advisers pay on two core advisory programs.
Retirement Assets Continue Growth in 2006
Retirement assets reached $16.4 trillion at the end of 2006, with lifecycle and lifestyle continuing their popularity, but lifecycle funds gathered a larger percentage of retirement plan assets.
John Hancock Expands Managers for Variable Annuities
John Hancock Annuities has added three new asset allocation options from American Funds and Franklin Templeton to John Hancock Trust (JHT), the firm’s variable annuity investment platform.
Senate Bill Aims to Help Women with Retirement Planning
Legislation reintroduced into the U.S. Senate aims to prompt greater retirement planning for women.
Income Annuities Missing Growth and Flexibility
The best reason to buy immediate annuities is guaranteed income, but the lack of growth and flexibility opportunities remains a downside.
CA Firm Launches 12 CIF Offerings
401kDIRECT Network has introduced nine individual ETF collective investment funds (CIF) and three (Conservative, Balanced,&Growth) ETF CIF Strategy Portfolios that will be available to qualified plans.