The Fiduciary Rules Channel

Weekly Unemployment Claims: Up 1K from Last Week, Beats Forecast

This morning's seasonally adjusted 217K new claims, up 1K from the previous week's unrevised figure, was below the Investing.com forecast of 220K

Welcome, Immigrants. The U.S. Really Needs You

To achieve long-term prosperity, rational immigration policy must become a priority.

The Unique Retirement Issues Facing Women

Women face at least 12 unique financial and life challenges related to long-term retirement planning. Addressing them can be overwhelming and uncomfortable. Only by understanding the issues can you develop strategies that will provide the greatest chance of achieving your clients’ goals.

Late-Cycle Boost and Boom

Investors should stay guarded for exogenous shocks that could pull the next recession forward and cause markets to reprice credit risk.

Weighing the Week Ahead: A Delicate (and Temporary) Balance

Despite plenty of news, there was little market reaction. In a summer week including many vacations, we have a modest economic calendar but plenty of earnings news.

Why RIAs are Slow to Adopt No-load Annuities

For industry veterans, annuities conjure the “bad old days” of pushy insurance companies offering rich commissions to snake-oil salesmen with Rolex-knockoffs peeking out from French cuffs.

No One Wins a Trade War

If you want to see who the real victims of tariffs are, go look in the mirror.

Mr. Chairman, “Rebuild the 40 Act Wall”

The drafters of the Advisers Act of 1940 thought investors would confuse real advisors from salesmen who pretended to be advisors. That’s why they built a wall to separate the two. Now the SEC wants to tear it down.

Shoot the Ball to Grow Your Practice

Advisors need a shot clock to keep their sales and marketing efforts on point. What if every 24 hours, you have to get a new prospect in the pipeline or your competitor gets a shot at them?

Second Quarter 2018: Unique But Not Different

For much of this recovery and expansion, many have opined that this economic cycle would ultimately end very differently than those of the past. We have resisted this narrative and instead explained our belief that this cycle will indeed follow the same path and end like all others.

The Staggering Disconnect Between What Clients Want and What Advisors Think

If your brand is failing to connect with affluent prospects, here’s a glimpse inside their minds.

Is All-Passive Really the Best Thing for Target-Date Funds?

With market returns expected to be lower going forward, target-date funds that invest in passively managed underlying components are at risk of underdelivering. We think diversifying beyond traditional asset classes and tapping alpha opportunities with a multi-manager structure can increase the chances of success.

Disrupted Retirement: Is the US Facing a Crisis?

On our latest “Talking Markets” podcast, we listen in on a panel of experts discussing the potential US retirement crisis and the fear factors surrounding retirement disruption.

Robo-Advisors are not Robo-Planners. Yet.

There are large swaths of the financial planning landscape that can – and should – be both automated and integrated in such a way to which robo advisors aspire, but do not yet currently deliver.

The Ratio of Part-Time Employed: June 2018

Let's take a close look at Friday's employment report numbers on Full and Part-Time Employment. Buried near the bottom of Table A-9 of the government's Employment Situation Summary are the numbers for Full- and Part-Time Workers, with 35-or-more hours as the arbitrary divide between the two categories. The source is the monthly Current Population Survey (CPS) of households. The focus is on total hours worked regardless of whether the hours are from a single or multiple jobs.