Millennial Clients Can Be Picky Advice Shoppers
More than one in 10 Millennials seeking professional
financial advice has fired an adviser during the last year.
Tag: Selling/Practice Management
Women in More Urgent Need of Savings Help than Men
An analysis found a 26% gap in the shortfall between men’s and women's retirement savings.
Half of American Workers Lack a Plan for Retirement
And 40% say they feel they are ill prepared for retirement because of inadequate savings.
Sequestration Prompts Military Families to Seek Out Advisers
More than a quarter are working with an adviser—a record high.
Retirement Industry People Moves
Kravitz opens and staffs a new Chicago office; Jody Ackerman joins John Hancock RPS as a regional vice president; Chris Barrett joins Stadion as a regional vice president; and James Macey becomes co-lead on Franklin Templeton Allocation funds and TDF suite.
401(k) Participants Still Fleeing Equities
In February, the weak stock market again led 401(k) participants to flee equity investments for fixed income funds, according to the results of the Hewitt 401(k) Index.