Articles written by Benzinga Advisor

Morgan Stanley Becomes First Wall Street Giant To Let Advisors Recommend Bitcoin ETFs

Morgan Stanley recently became the first major Wall Street bank to permit its financial advisors to offer Bitcoin (CRYPTO: BTC) ETFs to clients, marking a significant step in cryptocurrency’s mainstream adoption.

SEC Fines Investment Firm $430,000 For Misleading Ads About Performance

The SEC fined an advisory group for improperly advertising hypothetical performance to a mass audience, highlighting the importance of compliance.

Can You Afford Health Care In Retirement? You'll Need At Least $86,000 In Savings, More For Women

The 2024 Milliman Retiree Health Cost Index predicts rising health care expenses for retirees, with costs varying based on factors like location and retirement age.

Government To Match Retirement Savings For Millions Of Workers, Opening New Opportunities For Financial Advisors

The SECURE 2.0 Act of 2022 will create the Saver's Match program in 2027, offering up to $1,000 at a rate of 50 cents per dollar contributed, to improve low-income workers' retirement savings. Challenges include implementation and awareness.

IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things 'Even More Insanely Complicated'

IRS Finalizes 10-Year Rule For Retirement Withdrawals, Making Things 'Even More Insanely Complicated'

Final regulations released for RMD rules for beneficiaries under 10-year rule. SECURE and SECURE 2.0 Acts confirm annual distributions for most IRA beneficiaries. Complex rules highlight importance of specialized knowledge in retirement planning.

Sam Altman-Backed Startup Aims To Store Carbon Dioxide In Rocks, Shrinking Decades-Long Timeline To 'Single-Digit Months'

A startup backed by Sam Altman's Apollo Projects, 44.01 is developing technology to store carbon dioxide in rocks, aiming to mitigate global warming.

Younger Investors Pick Financial Advisors Based On Marketing, Not Referrals: Survey

Gen Z Will Have To Wait As Gen X Set To Inherit Trillions From Silent Generation

Gen X will inherit trillions from Silent Gen in 10 years, creating challenges for financial advisors. Opportunities to assist with wealth transfer.

Gen Z, Millennial High-Net-Worth Investors Abandon Traditional Investments

Gen Z and Millennials are turning to alternative investments, with 72% seeing traditional stocks and bonds as insufficient for high returns.

Generation X Unprepared For Retirement: $250,000 Median Savings Won't Last 20 Years

Survey shows Gen X faces challenges as they approach retirement. Knowledge gaps, economic concerns, and preference for in-person advice highlighted.

Retirement Income Solutions Gain Traction: 90% Of Clients Seeking Options, Study Finds

PIMCO's 2024 Defined Contribution (DC) Consulting Study shows that 90% of institutional clients demand retirement income solutions, a 21% increase from 2023.

Younger Generations Are Accelerating The Demise Of Mutual Funds

Mutual fund decline continues as ETF ownership rises, driven by lower costs and personalized solutions. Advisors must adapt to meet investor needs.

'Big Short' Fame Investor Picks Nvidia And AMD As Most Obvious AI Investment Opportunities, But Thinks Apple Is 'Hidden' Play

Apple has been identified as a major player in the artificial intelligence market by renowned investor Steve Eisman of "The Big Short" fame. He believes that Apple's AI strategy will lead to substantial gains, potentially eclipsing those of chip giant Nvidia.