- Chasing Alpha In The Pursuit of Alts
How State Street is developing new alternative fund structures
State Street Corporation today announced the appointments of two senior executives to its Alternatives Investment Solutions’ (AIS) North American Private Equity Fund Services team. Suresh Krishnamurthy and Cesar Estrada, both senior managing directors, will lead teams dedicated to servicing alternative fund of funds, limited partner, direct and hybrid structures. read more
- Money Can’t Buy You Love…
... But a majority of women equate happiness with success
A recent Northwestern Mutual study polled women across America and found that nearly 85 percent of women view being happy as an integral component of success. Those results are the cornerstone for the company's #WomanWithAPlan project which celebrates Women's History Month this March. read more
- SSI in 2015: Is It All There?
Economist Says Trust Fund for Boomers Has Disappeared
For many baby boomers, it’s comforting to believe that part of the 12.4 percent Social Security payroll tax they (or they and their employer) have been paying is going into a $2.7 trillion Social Security Trust Fund designed specifically to ensure the tidal wave of boomers now retiring will be assured their benefits. read more
- Impacted- “Ed”: Business Reacts to ACA
Despite delayed key provision, health care reform triggers benefits action among employers
With Affordable Care Act deadlines imminent in 2014 and 2015, employers are reporting the increased impact of health care reform on various aspects of employee benefits. According to Health Care Reform: Full Steam Ahead, the first in a series of five research briefs based on The Prudential Insurance Company of America’s (Prudential’s) Eighth Annual Study of Employee Benefits: Today & Beyond, nearly half (49%) of employers report they are extremely or very likely to make a high-deductible health plan their only health insurance option. read more
- Gen X and Gen Y Expressing the Right Retirement Savings Chromosomes
Younger generation gaining on Boomers
Fourth quarter 2013 data for defined contribution (DC) plans administered by MassMutual shows that Gen X and Gen Y savers (born between 1965 and 1995) are serious about saving for retirement. According to this data, 58.4% of total DC participants are in the Gen X and Gen Y cohort, and are continuing to gain on numbers of Baby Boomers who now account for just 38.5% of participants on MassMutual's platform. read more
- Keep Your Emotions from Dictating Your Financial Future
Most people 'don't know what to do with their money'
You’ve probably heard of emotional eating, but financial advisor Matthew T. Shafer says emotional investing is a problem that needs to be recognized society-wide, especially since the economy has been in such sharp focus this past half decade. read more
- The Dollar’s Long Term Decline
Back seat driver?
by Axel Merk
The cleanest of the dirty shirts doesn’t necessarily preserve your purchasing power. Sure, the U.S. dollar has beaten the Russian Ruble and some others of late, but when it comes to real competition, the U.S. dollar has taken a back seat. The U.S. dollar’s long-term decline may be firmly in place and investors may want to buckle up to get ready for the ride. read more
- Workflow: Transforming Advisory Firms Into Sustainable Businesses
More Than Half of Advisors Have Yet to Adopt Workflow Processes
Although systematic workflows are critical to increasing a firm's value and ensuring a consistent client service experience, more than half of financial advisors (54 percent) have yet to adopt workflow processes, according to a white paper released today by SEI (NASDAQ: SEIC). The paper, "Workflows: The Key Ingredient to a Sustainable and Sellable Advisor Business," which includes a survey of more than 500 financial advisors, explores the growing trend among advisors to automate essential workflow processes starting first within their CRMs. It explains how workflows help transform advisory practices into sustainable businesses by creating repeatable processes, capitalizing on data to identify successes and deficiencies, and optimizing sales, services, and operations to create greater efficiencies. read more
- The 21st Century Boardroom
Eileen McDonnell, Penn Mutual CEO engages an auspicious panel
Eileen McDonnell, chairman, president & CEO of The Penn Mutual Life Insurance Company, participated in a panel discussion from the International Women’s Forum titled “The 21st Century Boardroom” on February 27 at the George Washington University Elliot School of International Affairs. read more
- How to Be the CEO of Your Own Life
Entrepreneurship is alive and well
More than 22 million of our small businesses are one-man (or woman) shops, and the number of those ringing up more than $1 million in sales is growing – it was nearly 27,000 in 2011, the most recent U.S. Census statistics available. read more
- Stock Market in for Roller Coaster Ride?
Investors: Hold on During Volatile Stretch
Recent revelations that some renowned hedge fund managers are betting on a big decline in the stock market may have some people spooked, but KCD Financial Inc. chief market strategist Jordan L. Kimmel isn't buying that argument. read more
- Retirement Income Opportunities: The Beginning of Great Enterprises
RIIA's spring event looks to 'discover the new realities of retirement'
The Retirement Income Industry Association’s (RIIA) Spring Conference offers a unique, compelling view into how advisors, institutions, academics, research and technology firms are turning retirement income opportunities into great enterprises. read more