November 21, 2017What Are Your Thanksgiving Plans?
For clients and advisors alike, it's one of the shortest work weeks of the year and a time for big family get-togethers. What are your holiday plans this week?
I'm off all week.65% I'm taking Thursday and Friday.27% Apart from Turkey Day, it's business as usual.
October 31, 2017With Morgan Stanley Out, Will More Firms Leave the Broker Protocol?
Morgan Stanley has revealed it's pulling out of the Broker Protocol, which protects registered representatives who move from one signatory firm to another. With a major wirehouse ditching the agreement, will others follow? Tell us in the comments section what you think about Morgan Stanley's move.
October 17, 2017Is Finra Fair to Small Brokers?
Last week Finra CEO Robert Cook said the industry regulator wants to help shape an environment that’s encouraging to small broker-dealers. But many broker-dealers blamed Finra itself for creating a hostile climate for them. Do you think Finra is fair to small broker-dealers? Tell us why you feel this way in the comment section below.
The regulator is fair to small brokers.79% Finra isn't fair to small brokers.
October 10, 2017How Do You Usually Earn Continuing Education Credits?
When your focus is on tending to your clients and managing your business, it can be hard to find the time to earn continuing education credits. FA-IQ's ThinkTank now lets you earn CFP CE credits just by reading the white papers you would normally read in the course of your regular business. How do you usually earn your CE credits?
Attending approved sessions at conferences.50% Watching webcasts and taking a quiz to prove I understand the content.7% Reading white papers in the course of my normal day-to-day work.0% Other.
October 3, 2017What are the Biggest Obstacles to Wealth Preservation in Retirement?
We’re living longer. Medicine and health treatments are getting more expensive. Meanwhile market forces, spending rates and our psychological propensities can derail even the best-laid plans. What do you see as the greatest challenges to wealth preservation for your clients?
They could outlive their money.2% Lack of investment diversification.47% Overspending.15% Bad luck. A family emergency can sink the ship.
September 26, 2017Have You Ever Frozen A Client's Accounts?
Finra have given broker-dealers greater powers to freeze a client's accounts if they suspect financial exploitation of the client. Have you ever frozen a client's accounts because you suspected foul play?
September 19, 2017Would You Recommend Bitcoin?
Some people think so-called digital currencies like Bitcoin are gathering momentum and legitimacy as an investment. Others think that Bitcoin is at best a high-risk flash in the pan and at worst a complete swindle. What do you think? Tell us your thoughts in the comments section.
I'd recommend Bitcoin. Some digital currencies are now legitimate investment options.60% I wouldn't recommend digital currencies. They're either a flash in the pan or a swindle.34% It's too soon to tell.
September 12, 2017How Have Hurricanes Harvey and Irma Affected You?
Florida and other parts of the South have been battered by Hurricanes Harvey and Irma, causing wholesale evacuations, severe damage and loss of life. How have these catastrophic storms affected you or your clients?
They have affected me personally.41% They have affected my clients personally.29% Thankfully, they haven't affected me.6% It's too soon to tell.
September 5, 2017How Do You Feel About Yet Another DOL Rule Delay?
Well, it's official. The White House has approved the Department of Labor's request to delay full implementation of its fiduciary rule a further 18 months to July 2019. What are your thoughts on another delay?
The rule needs to be implemented in full. Now. There should never have been any delay.33% They needed this time to analyze the rule and come to the right decision.42% Just kill it already.
August 29, 2017Are Wealth Managers Different from Financial Advisors?
Few financial advisors offer the kind of comprehensive financial planning offered by wealth managers to clients with complex financial needs, David Kanani, president of Kanani Advisory Group, recently argued in an opinion piece. For starters, most advisors can offer a variety of generally available investment products but only a wealth management team can connect clients to a broader array of options. And where wealth management really stands out from “mere” financial advice is “advanced planning.” Wealth managers can provide clients with wealth enhancement strategies to address liquidity and cash-flow issues and minimize taxes, as well as set up an efficient transfer of wealth to the next generation, according to Kanani. Do you agree with Kanani’s delineation? Tell us why or why not in the comments section below.
Yes. Wealth managers are different from financial advisors.53% No. Wealth managers are not different from financial advisors.