Participants’ mood about their financial future has fallen off significantly during 2007 but sponsors can encourage participants to meet with advisers and construct or reconstruct a retirement savings plan to help keep participants optimistic.
Tag: Practice management
The Board of Directors of Certified Financial Planner Board of Standards Inc. (CFP Board) has revised the ethical standards for CFP professionals, requiring them to 'at all times place the interest of the client ahead of his or her own.'
Nearly half (42%) of plan sponsors do not have a relationship with a financial adviser.
Every adviser needs to think about what they are known for and what they would like to be known for.
Are you getting a fair reward for your labor and risk?
Edward Jones ranks highest among 10 financial investment firms in satisfying their financial advisers, receiving particularly high ratings from advisers in support, people and firm performance.
The first of seven ineffective habits of retirement plan advisers.
Advisers who help clients put together a formal retirement income plan end up with more assets – and more referrals - from more satisfied customers.
Fee-based practices are growing, with 46% of advisers adopting that pricing structure, an increase of 35% over the past five years.
Married men and women participating in a recent survey agreed that the top two reasons for turning to a financial adviser are to prepare for retirement (58% of men and 63% of women) and investment planning (55% of men and 56% of women).
This is the first in a series of eight columns, appearing the first Thursday of each month, by Matt Smith, managing director of retirement services with Russell Investment Group.
A provider search is often one of the most time consuming parts of a client relationship.
There are six unstoppable trends that are driving the economy today and that will shape business tomorrow, according to one academic.
The five finalists for the Retirement Plan Adviser of the Year award shared some of their best practices at the 401(k) SUMMIT yesterday.
Advisers in the retirement plan industry make a difference
As corporate and social safety nets erode, workers are less confident they will be able to achieve financial security.
Fidelity Investments is testing a new feature under which older participants already contributing at or close to the maximum to their 401(k) plans can "automatically" catch up.
In conjunction with Moss Adams LLP, a provider of management consulting services to advisory firms, Schwab Institutional has released two reports to aide independent investment advisers with organization and business development, the leading barriers to firm growth.
DALBAR released Wednesday its annual ranking of top customer service providers in the financial intermediary, mutual fund, broker/dealer, annuities, life insurance and retirement plan provider industry.
The past five years may have been kind to advisers in some respects, but their financial picture may be starting to darken, a new study found.