Wealth Management
Top stories summarized by our editors
10/15/2019

Medicare open enrollment begins today and ends on Dec. 7, and over 60 million seniors are expected to switch plans or stay with their existing coverage. Seniors are increasingly opting for Medicare Advantage plans, many of which offer new supplemental benefits such as transportation assistance, home meal delivery and home improvements.

10/15/2019

A study by American Century Investments found that health care is the top concern driving impact investing in the US, with the environment and sustainability coming in second. According to the study, 56% of Americans said impact investing is somewhat or very appealing.

10/15/2019

An emphasis on compliance has led to more advisors being terminated for cause, which can affect partners and team members at a firm, writes consultant Mindy Diamond. She offers seven steps to minimize disruption when a member of the firm has been fired.

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WealthManagement
10/15/2019

The pace of change in the financial planning profession is astonishing and the advent of new technology makes it vital that advisers learn how to keep up, writes Carly Schulaka, editor of the Journal of Financial Planning. She presents some key findings of recent research that will be covered in-depth during the FPA Annual Conference, which runs Wednesday through Friday in Minneapolis.

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Carly Schulaka
10/14/2019

If clients need funds during retirement, one option to consider involves taking out a reverse mortgage and using a line of credit. Focusing on the example of a 65-year-old client with a $350,000 home, this article explores the costs and benefits of a reverse mortgage in addition to other factors.

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Advisor Perspectives
10/14/2019

Hedge fund start-ups have a better chance of staying the course in Asia than they do in the United States, a study by Goldman Sachs finds. The study also found that smaller hedge funds are more likely to fail than their larger counterparts.

10/14/2019

Hedge funds have moved away from the so-called FAANG group of big tech stocks as they pivot toward the software-as-a-service sector, according to PivotalPath data.

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MarketWatch
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Jon Caplis
10/14/2019

Private equity firms with cash in the bank have turned their attention to smaller deals amid recession fears and a challenging deal-making environment, Refinitiv data shows.

10/14/2019

Family meetings can be an important way to provide security for existing clients while also opening up opportunities with family members, writes financial planner Jim Silbernagel. He offers tips for setting up and running effective family meetings.

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Advisor News
10/14/2019

Stephen Boswell and Kevin Nichols of The Oechsli Institute highlight nine words that should never be used in sales scenarios or even in talks with clients, including customer, objection, honestly and affluent. They suggest alternatives for each word that can create a better perception.

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