Financial Advisors

The 2024 election victory of former President Donald Trump, coupled with Republicans retaking the Senate and possibly retaining the House of Representatives, has put the spotlight on what this means for tax policy. Tax experts agree a likely result is the extension of key components of the 2017 Tax...

New research from Allianz Life reveals significant concerns among Americans about retirement income planning. Nearly half of investors worry about how to take distributions from their retirement plans, while 44% admit they have no retirement income plan at all. These concerns are particularly...

While there’s no universal formula for 401(k) contributions, several key strategies can help clients optimize their retirement savings. The appropriate contribution level depends on various factors, including planned retirement age, expected expenses, desired lifestyle, and additional income...

When it comes to money, it’s not about how much you make, it’s about how much you keep. The less you spend on things you want, the more you have for things you need. And if you save enough, you can accelerate the wealth-building process by putting your savings to work for you...

A recent survey by Naxtisis Investment Managers reveals that financial advisors worldwide are concerned about retaining clients and assets during the impending “Great Wealth Transfer.” This massive transfer of over $84 trillion in assets over the next two decades is seen as a...

There's a saying that stocks don't move in one direction all the time. Palantir Technologies Inc. (NYSE: PLTR) is testing the logic behind that saying. PLTR stock is up a whopping 151% in 2024 nearly matching the 168% gain in NVIDIA Corp.  Furthermore, the stock is up 24% in the last...

New research by David Blanchett, managing director at PGIM DC Solutions, reveals significant disparities between the retirement planning services financial advisors believe they’re providing and what clients actually report receiving. This gap highlights areas where advisors need to improve...

A high-yield dividend-paying exchange-traded fund (ETF) could be a valuable tool for investors seeking to build a solid portfolio that generates dividends. These ETFs offer a steady income stream, providing a cushion for living expenses and the potential for capital appreciation. Two standout...

Most investors' definition of a penny stock has broadened to include not just companies trading at less than $1 per share, but also those with slightly higher stock prices up to about $5 per share. Regardless of your exact threshold, these firms remain a high-risk, high-reward proposition....

A recent survey by Xero has uncovered a significant opportunity for financial advisors to expand their client base among small business owners. The study reveals a stark contrast between entrepreneurs’ perceived financial acumen and the fiscal challenges they face in reality. While 55% of...

Historically, investors have bet on the consumer discretionary sector when the Federal Reserve (the Fed) cuts interest rates, as these typically have a positive effect on consumer spending habits through easier and cheaper financing rates. However, this time it's different, the state of the...

Bonds can be a smart strategy for individuals looking to diversify their portfolios and achieve more predictable returns. While stocks offer the potential for higher growth, they also come with greater volatility. On the other hand, bonds are generally considered less risky and can provide a steady...

A recent analysis by the National Council on Aging and the LeadingAge LTSS Center at UMass Boston reveals a looming crisis in long-term care affordability, necessitating a shift in how financial advisors approach retirement planning discussions with their clients. The study found that 80% of...

T. Rowe Price’s new 2024 Defined Contribution Consultant Study highlights significant shifts in retirement planning strategies, particularly when it comes to personalization and retirement income. The study, which surveyed 35 leading firms, reveals that consultants, advisors, and plan...

A renowned financial advisor, lawyer, and CEO of Creative Planning, Peter Mallouk, has expressed concerns about the future of the Registered Investment Advisory (RIA) industry despite projections that it will exceed $2.92 trillion by 2029. Mallouk discussed industry news with The Daily Upside at...