Wealth Management
Top stories summarized by our editors
11/15/2019

A shortage of caregivers could present a risk for clients' retirement plans. The labor shortage may increase cost of care and could require retirement savers to pause work to care for loved ones.

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WealthManagement
11/15/2019

Financial advisors should have a strategic plan for success with three top-level goals that inform decisions, writes Gretchen Halpin, co-founder of Beyond AUM. She offers examples of goals and discusses how to execute them and measure results.

11/15/2019

Cold calling is a valuable way to bring in business, but it's also something many financial advisors don't like doing, writes John Pojeta, vice president of business development at The PT Services Group. That's why it can be a good idea to outsource cold calling, which provides consistent activity, a trained sales staff and potential for additional support services, he writes.

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PT Services Group
11/15/2019

Advisors should understand how the Free Application for Federal Student Aid and the College Scholarship Service Profile calculate expected family contributions for higher education, Ingrid Case writes. This will allow them to maximize clients' eligibility for need-based financial aid.

11/15/2019

Perceptions help us determine what's possible, and they sometimes can also impose limitations when it comes to taking business risks that could pay off big, writes Daniel C. Finley, president and co-founder of Advisor Solutions. He offers an outline for living "beyond any business limitations you might have set up for yourself."

11/14/2019

Trust can be built in social settings, leading the way to doing business with someone, writes Bryce Sanders of Perceptive Business Solutions. He offers 12 ways to build trust, including keeping your word, respecting confidentiality, avoiding gossip and showing commitment to your career.

11/14/2019

The Alternative Investment Management Association has published a white paper detailing steps the hedge fund industry can take to improve workforce diversity and foster a culture of inclusivity. "Our industry must stay true to its meritocratic roots in order to continue delivering the performance investors expect," said AIMA CEO Jack Inglis.

11/14/2019

Portfolio managers running a traditional 60:40 allocation between stocks and fixed-income must incorporate alternatives such as private equity into their allocations in order to secure returns over the coming decade, JPMorgan Asset Management strategists say. "The trade-off is no longer between foregone risky asset returns and reduced portfolio risk, but instead between a zero or even negative return in exchange for risk reduction," says JPMorgan AM's John Bilton.

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John Bilton
11/14/2019

The Swiss franc hit a one-month high against the euro as hedge funds retreated from their short bets against the currency. Banks and hedge funds had been shorting the franc since the start of November hoping positive news on US-China trade negotiations would spur a rise in carry-trades.

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Reuters
11/14/2019

Signals from the US equity-options market suggest a surge in volatility is likely, analysts say. "It doesn't necessarily mean stocks will decline, but it does seem to be a good bet that at some point the [Cboe Volatility Index] will jump," said Sundial Capital Research founder Jason Goepfert.

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Sundial Capital Research