Investments

  • Advising Gen Y: It Takes A Village
    Advising Gen Y: It Takes A Village

    Young investors seek help on budgeting, saving and how to manage student loans

    A new TIAA-CREF survey finds that Gen Yers rely on personal networks for financial advice, with adults age 18-34 being more likely than the general population to involve their parents (47 percent vs. 19 percent), extended family (22 percent vs. 14 percent) and other trusted adults (31 percent vs. 21 percent) in their search for advice. Thirty-seven percent also involve a spouse or partner to help with their finances.
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  • Low- and Moderate-Income Households Invent Ways to Manage Their Finances
    Low- and Moderate-Income Households Invent Ways to Manage Their Finances

    Focus on meeting their day-to-day needs

    Contrary to the perception that less affluent households tend to neglect or mismanage their finances, a new report from the U.S. Financial Diaries (USFD) project finds that many families with tight budgets display surprisingly high levels of financial discipline and resourcefulness to meet daily needs, pay the bills, and even put money aside.
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  • Why Do These Fed Decisions Matter?
    Why Do These Fed Decisions Matter?

    Hawks and Doves both thinking about inflation

    Markets lost ground last week, though a Friday rally on positive economic data helped trim losses. For the week, the S&P 500 lost 1.37%, the Dow dropped 0.96%, and the Nasdaq fell 1.48%.
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  • U.S. Economy to Maintain its Momentum Despite World of Worries
    U.S. Economy to Maintain its Momentum Despite World of Worries

    As China, Europe softens, US economy still on solid ground

    A new report from BMO Economics entitled "Can the U.S. Go it Alone?" notes that while the major economies of China, Japan and Europe are softening, the outlook for the U.S. economy remains on solid ground.
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  • Talent Crisis in the Financial Advice Industry
    Talent Crisis in the Financial Advice Industry

    Study identifies three steps to help address an emerging issue

    Fidelity Investments® today released results of its Recruiting Redefined study, the first study to look at the full recruiting ecosystem of the financial advice profession, surveying Gen Y college students and young professionals, career influencers, new advisors and firm hiring managers.
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  • CFP Board Announces New Career Center
    CFP Board Announces New Career Center

    Online portal provides information and career opportunities about the advisory profession

    Certified Financial Planner Board of Standards, Inc. (CFP Board) announced today that it is developing an online Career Center that will serve as the destination for those interested in a career as a financial advisor, the CFP® certification and job and internship opportunities.
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  • Debt is the Inheritance No One Wants
    Debt is the Inheritance No One Wants

    Securian presents survey at ABIA conference that highlights an insurance opportunity for banks

    Consumers of all ages wrestle with debt, but many do not realize what would happen to their debt should they die unexpectedly
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  • What Attract Advisors to the RIA Profession?
    What Attract Advisors to the RIA Profession?

    Relationship-based client interactions, ability to contribute to firm growth, and potential for greater work/life balance

    Schwab Advisor Services released the results from a first-of-its kind survey today examining the career paths of independent registered investment advisors (RIAs) and the attributes of the profession that attract talent into its ranks.
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  • 10,000 Women Attend Financial Empowerment Workshops
    10,000 Women Attend Financial Empowerment Workshops

    Developed by women,to take action to improve their financial futures

    TIAA-CREF, a leading financial services provider, announced today that more than 10,000 women have participated in its Woman2Woman Financial Empowerment Workshops, a series of interactive workshops developed and delivered by women to promote retirement readiness and financial well-being.
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  • Financial Services: A Cultural Power Shift
    Financial Services: A Cultural Power Shift

    Is risk management really just a necessary evil?

    by Max Marquardt, Managing Director, and Ron D’Vari, CEO, NewOak

    Most seasoned finance risk managers will admit it: we live in a very different world than 20, 10 or even five years ago. Like most Wall Street practitioners, they will happily swap war stories of front offices refusing to share information or admit mistakes, of objects being thrown at them by irate traders, of painful meetings with managers asking that they simply “kick the tires” and think of the “good of the firm.”
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  • Coming Up! Earnings, Elections, & the End of the Year
    Coming Up! Earnings, Elections, & the End of the Year

    Despite economic growth, labor and income inequality create drag

    Weekly market view from LMK Wealth Management

    Markets regained steam last week, pushed higher by a reassuring Federal Reserve meeting and a referendum on Scottish independence. For the week, the S&P 500 gained 1.25%, the Dow grew 1.72%, reaching a new record, and the Nasdaq rose 0.27%.
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  • Money Worries and Regrets
    Money Worries and Regrets

    Study: Spending Problems Top the List for Americans

    Not saving enough is the No. 1 financial regret for Americans and that this problem may be having a ripple effect across their long-term financial outlook.
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