Voya Launches Advisory Services Solution
The new program includes online investment advice, as well as managed accounts.
Managed Accounts vs. TDFs: Is the MA Cost to Participants Worth It?
Advisers discuss the values of MAs vs. TDFs as Principal launches a dynamic QDIA that defaults participants into managed accounts.
U.S. Ranks 17th in Retirement Well-Being
As a result, more workers say they want investment advice from professionals.
What Should Advisers Focus On in a New Market Environment?
After the challenges of 2020’s volatile market, financial advisers should learn how to approach any future obstacles with their clients.
Hearts & Wallets Study Shows Workers Want More Personalized Financial Advice
American workers are expecting more from workplace programs, such as tailored communications and experienced representatives.
Financial Planning With Gen Z Gig Workers
As more Gen Zers enter the gig workforce, financial advisers are tailoring their services to fit the needs of these workers.
Financial Consequences of COVID-19 Differ Across Generations
Adviser Value Can Be Measured by Three Factors
Vanguard researchers emphasize that while the value of advice was once traditionally based on portfolio outcomes, goal success rates and advisory relationships are results of effective guidance as well.
Debt Inhibits Workers from Saving
Fifty-seven percent of workers would like to make their own financial decisions but have someone validate those decisions, and 31% want specific advice, PwC found.
Addressing Participant Longevity
Gig Workers Receptive to Financial Advice
Overall, gig workers report more difficulty with nearly all financial tasks, a Hearts & Wallets survey found.
FPS Group Introduces AdvisorConnect for 403(b) and 457(b) Plan Participants
AdvisorConnect is a support network of plan sponsor-approved, registered financial professionals who specialize in the public-sector retirement space and has been designed as a value-add to plan participants seeking customized financial solutions.
Investors Working with Advisers Want a Collaborative Relationship
They want advisers to handle their investments but also to consult on their decisions.
Advisers Boost Investors’ Retirement and Investment Confidence
Those who work with a financial adviser are more than twice as confident they will have enough money to enjoy a comfortable retirement, Legg Mason found in a survey.
401(k) Providers Are Top Source for Financial Advice
And demand for financial advice has increased, T. Rowe Price found in a survey.
Women Will Heed Financial Advice
Millennials Not Confident About Making Investing Decisions
They are also not interested in robo advisers, preferring to work with financial professionals in person.
Americans Would Like to Automate Day-to-Day Finances
When it comes to trusting a financial services firm, consumers first want it to secure their personal information; secondly, they expect it to deliver high-quality customer service.
Investors Better Prepared for a Downturn, Advisers Say
They have also become more inclined to work with an adviser since the Great Recession of 2008.
Millennials Value Financial Planning as Much as a Bonus
They also believe having an adviser they can trust is important for their financial confidence.