- Surprises in Retirement Income: Overlooked and Coveted Nest Eggs
Using Retirement Insights to Shape Personalized Products and Solutions
Surprises in retirement income sources range from oversized roles for dividends and taxable brokerage to extremely high expectations for retirement accounts in new findings from Hearts & Wallets, the source for retail investor data and insights.
read more - Gender, Generation and Financial Knowledge
New Study from FINRA Shows Millennial Women Beginning to Close the Gap
In a recent study using data from its National Financial Capability Study, the FINRA Foundation found that women consistently lag behind men on financial and investor literacy scores across generations. Lower levels of financial and investor literacy among women may impede their ability to accumulate wealth and make sound financial decisions.
read more - Trade and Interest Rates Continue to Fuel Volatility
Mixed results as politics dominate the headlines
Last week stocks showed mixed results as political headlines continued to dominate the news. The Dow lost 0.89% and the S&P 500 was almost flat with a 0.02% gain. The NASDAQ, on the other hand, reached a record high on Thursday and ended the week up 1.32%.
read more - Impact Investing at Tipping Point
Study: Over 70% of affluent, next-gen donors are already engaged
Over 70% of Millennials and Gen-Xers have made an impact investment versus just 30% of Baby Boomer and older investors, according to a study released today by Fidelity Charitable, an independent public charity and the nation’s second-largest grantmaker.
read more - Considerations On Market Crashes, Irrational Exuberance & Redefining Prudence
The "Great Recession" - Ten Years After
by Steve Selengut
I thought you might be interested in some thoughts about the investment climate around the time of the "great recession". You may find them disturbing, or enlightening, depending on where you think we are today. But two things are fairly certain... not a whole lot has changed, and a look to the past often provides…
read more - Volatility and Investor Behavior
MDRT Study: Investors, clients look to their advisors in uncertain times
A recent study conducted by the Million Dollar Round Table (MDRT) surveyed consumers during a week of market volatility to understand investment behaviors and the potential role of financial advisors.
read more - The Economic Temperature: Strength, Growth, and Tension
Trade is the biggest hot button, though investors remain unfazed
As last week ended, tension between the U.S. and some of its greatest allies was on the rise. Trade remained a hot-button topic ahead of the G-7 meeting in Canada, but investors seemed largely unfazed by the drama.
read more - Financially Optimistic Millennials Aspire to be Millionaires, Retire Early
Even though college, credit-card debt weigh them down
Millennials are optimistic about how their lives will play out after college, despite the fact that they have a collective $1 trillion in student loan, credit card and other debt hanging over their heads, according to the TD Ameritrade 2018 Millennials and Money Survey.
read more - Despite Geopolitical Upheaval, Investors Remain Bullish on Europe
Invested more than ever in 2017
Europe attracted a record level of foreign direct investment (FDI) with 6,653 projects in 2017, according to the 2018 edition of the EY European attractiveness survey. However, the growth in Europe slowed for the first time in three years (to 10%) having achieved an average growth of 15% over the past three years amid amplified…
read more - Mutual Fund Inflows Increase Significantly in 2018
Net inflows to mutual funds on the Pershing platform reach $8 billion in the first quarter of 2018
According to the Pershing Asset Flows Barometer, launched today by BNY Mellon's Pershing (Pershing), net inflows to mutual funds on the Pershing platform reached $8 billion in the first quarter of 2018, a 68 percent increase compared to the same period in 2017, pointing to a renewed interest among financial professionals in mutual funds.
read more - Rethinking Technology Within The Investor Experience
Technology Solutions Must Deliver the Best Client Experience Across the Wealth Management Landscape
At INSITE 2018, BNY Mellon's Pershing (Pershing) called on attendees to rethink how they leverage technology and streamline the investor experience to combat increased competition from both rival firms and tech upstarts. Pershing's Chief Information Officer Ram Nagappan urged advisors to avoid falling into the common misconception that only younger generations are interested in tech-powered…
read more - Fixed Annuities On The Rise
Industry wide sales sales overall total $50.5 B, up 1.2%
The Insured Retirement Institute (IRI) today announced final first quarter sales results for the U.S. annuity industry, based on data reported by Beacon Research and Morningstar, Inc. Industry-wide annuity sales in the first quarter of 2018 totaled $50.5 billion, a 1.2 percent increase over sales of $49.9 billion during the fourth quarter of 2017, and…
read more - Are Firms Ready for the Impact of Private Equity on the Wealth Management Industry?
How private equity is reshaping the M&A landscape and increasing options for independent advisory firms
Fidelity Clearing & Custody Solutions®, the division of Fidelity Investments that provides clearing and custody to registered investment advisors (RIAs), broker-dealer firms, family offices, retirement recordkeepers and banks, today released the Insights on Sources of Capital and Independence report, examining how private equity is impacting the M&A landscape.
read more
