- Investors Increasingly Choose Advice
Demand for financial advice is growing and investors are increasingly satisfied with advice offerings
New research, issued by Cerulli Associates and the Securities Industry and Financial Markets Association (SIFMA), highlights increasing demand for financial advice among U.S. investors. Since 2009, the “advised” investor segment has grown from 35% to 47%, while those who consider themselves “self-directed” has fallen from 41% to just 24%.
read more - AI-Driven Finance
80% of financial decision-makers believe AI will increase productivity
OneStream, a leader in corporate performance management (CPM) solutions for advancing financial close, consolidation, reporting, planning and forecasting, announced the results of its global “AI-Driven Finance“ survey, revealing the majority (80%) of financial decision-makers believe AI will increase productivity in the office of finance.
read more - AI And The Next-Gen Advisor
Next-gen financial advisors say generative AI will help – not harm – their careers and the industry
Artificial intelligence (AI) may not be the threat that some in wealth management assume it to be – at least, not according to younger financial advisors.
read more - Asset Managers Need More Than Product To Add Value For Advisors
Cerulli recommends managers leverage data and technology capabilities to win over advisors
As asset managers sharpen their focus on the registered investment advisor (RIA) channel for distribution opportunities, enhancements to data and technology capabilities will help to improve their value proposition, according to the latest Cerulli Edge—U.S. Asset and Wealth Management Edition.
read more - Financing The Green Energy Transition
Improved financing could save US$50 trillion as the world decarbonizes
Released today, Deloitte's Financing the Green Energy Transition report found that new cost-reducing finance instruments can help de-risk green projects in developing economies while making investing in these projects more attractive, helping to fuel a global just energy transition.
read more - 2024 Market Outlook: Investment Themes Propel Opportunities In The Year Ahead
Investors should look to bonds, the energy transition space and innovative companies to help drive returns
Mackenzie Investments ("Mackenzie") today released its economic and market forecast for the year ahead in its 2024 Market Outlook. The annual report features commentary from a range of investment experts and portfolio managers who offer insights into emerging themes that may impact Canadian and global capital markets in 2024.
read more - U.S. RIA Marketplace 2023
RIAs recruit specialized staff in the race for scale
As registered investment advisors (RIAs) look to achieve scale, broadening operational capacity is a key factor in improving their potential for success. According to The Cerulli Report—U.S. RIA Marketplace 2023, RIAs are considering hiring or creating new specialized staffing roles to support the demand for new services and accelerate growth.
read more - Just 19% of Investors Use Their Parents’ Advisor
An opportunity exists for advisors to focus on kindling intergenerational relationships
Just one in five affluent investors use the same advisor as their parents, according to the latest Cerulli Edge—U.S. Retail Investor Edition. Advisors must reinforce the value of their services to clients both early in the relationship and in times of unique difficulty to strengthen and retain relationships for the long term.
read more - 54% Of Active Retail Traders Unbothered By Potential Recession
New survey reveals where engaged investors are moving their money
Tradier, a next generation brokerage solution provider that powers one of the largest communities of active equity and options traders in the market, today unveiled its 2023 Active Retail Trader survey.
read more - Security In Retirement
Vast majority of investors inaccurately predict life expectancy, increasing risk in their retirement income plans
Jackson National Life Insurance Company (Jackson®), the main operating subsidiary of Jackson Financial Inc. (NYSE: JXN), today released key findings from its comprehensive study on how retirees and financial professionals perceive retirement risk and the possibility of outliving income.
read more
