December 13, 2016Are the Holidays a Good Time to Engage Clients?
How much contact should you have with your clients during the holiday season?
Yes. Events that bring holiday cheer are good relationship builders.48% No. Families are already busy with parties. Wait until the New Year.
December 6, 2016What's the Focus For End-Of-Year Client Talks?
In end-of-year discussions with your clients, what will you be emphasizing?
Likely changes to taxes and estate planning in 2017.22% A possibility of choppier markets and the need for strategic assessment of long-term financial plans.28% The importance of making some smaller tactical changes to investment plans.6% How alternative investments might improve portfolio diversification.
November 29, 2016What Will the Investment Outlook be Under President Trump?
Trump is simultaneously seemingly pro-business and looking out for the little guy. While those two things are not necessarily mutually exclusive, how they will play out in policy is yet to be seen. So what will the economic environment and prospects for investing be like under President Trump?
Better16% No change25% Worse
November 22, 2016What Will You Tell Clients About Bonds in Trump's America?
Anticipation of greater government infrastructure spending, creeping inflation and rising rates are signaling to many investors that the 30-plus-year bull market for bonds is about done. In conversations with clients, do you plan to:
Talk about making strategic portfolio changes in fixed income. Long-term dynamics are fundamentally changing.49% Soothe fears. Longer-term bond fundamentals will remain steady. There's no need to make tactical adjustments yet.
November 15, 2016What Will Happen to the DOL's Fiduciary Rule Under Trump?
President-elect Donald Trump's campaign vowed to overturn the Department of Labor's new fiduciary rule, which is due for implementation in April 2017. But will the rule be watered down, or even repealed? In the comments section tell us what you think he should do with the rule.
Repealed. He promised to undo any new rules that “were not compelled by Congress or for public safety.”35% Watered down. Trump is anti-Wall Street but he's also vowed to help the little guy.31% Left as is. It's far too late for him to be able to do anything and it probably won't be on his radar anyway.
November 8, 2016Who Gets Your Vote to be the Next President?
Election Day is here. Who will you be voting for to become the next president of the United States?
Hillary Clinton64% Donald Trump
November 1, 2016Is Wells Fargo's Retail Banking Scandal Hurting its FAs?
In September, Wells Fargo was fined $190 million following revelations that thousands of its retail branch employees opened two million fake credit and deposit accounts without the customers’ knowledge under a cross-selling culture allegedly run amok. Has this retail banking scandal hurt the institution's in-house and network financial advisory businesses?
Yes. This is an issue of trust that affects the whole brand.12% No. Clients understand that the advisory businesses are seperate.
October 25, 2016What's your Biggest Cybersecurity Fear?
New research from the Financial Planning Association shows that 81% of advisors consider cybersecurity a high priority, but many don't understand the risks or how to neutralize threats. Meantime, your employees, not your tech, might be your biggest problem. So what concerns you most?
Employees taking data they shouldn't.68% Hackers infiltrating our network.
October 18, 2016Fiduciary Rule Compliance: How Ready Are You?
In just six months FAs advising on retirement savings must be able to comply with the Department of Labor's new fiduciary rule. How ready are you for the April 2017 start date? In the comments section, let us know your greatest concerns.
I'm confident we'll make it. We've already made considerable progress.30% I don't think we'll make it, but we have a year to iron out the creases before enforcement begins in 2018.
October 4, 2016Are You Talking Political Outcomes with your Clients?
As the presidential election draws near it's likely to be on the front of many clients' minds. But talking politics can be tricky. Are you talking to clients about potential POTUS election outcomes?
Yes. We're making plans for various potential scenarios and outcomes.67% No. Politics is a minefield that doesn't impact long-term investing anyway.