Wealth Management
Top stories summarized by our editors
5/24/2019

Wayne Chopus, president and CEO of the Insured Retirement Institute, praised the House's passage of the Setting Every Community Up for Retirement Enhancement Act, which includes provisions that smooth the path for annuities in retirement plans. The bill now moves on to the Senate, and IRI's Paul Richman, said, "It's likely that before the end of this year, there will be a retirement bill that gets sent to the president's desk."

5/24/2019

Stephen Boswell and Kevin Nichols of The Oechsli Institute discuss 10 things financial advisors should do every time they log into LinkedIn. They include checking and responding to messages, reviewing notifications, sending personalized connection invitations and finding new introduction opportunities.

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WealthManagement
5/24/2019

Financial advisors can do more to retain widows after they have lost their spouses, says author Kathleen Rehl. She tells advisors to determine what must be done now and what can wait till a better time.

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Mary Beth Franklin
5/24/2019

Financial planning is as much about emotions as logic for most clients, and financial advisors should use behavioral finance to best help them, writes David Geller, CEO of JOYN. Among the actions he recommends are concentrating on what clients can control, making planning a team effort and using questions to tackle challenges.

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Advisor Perspectives
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Joyn
5/24/2019

The Financial Planning Association has partnered with the Financial Therapy Association to create a series of modules for advisers with clients going through life-changing periods. The first module focuses on how advisers can help clients experiencing loss by using techniques such as reflective listening and acknowledging the difficulty of ambiguous loss.

5/24/2019

Retirement is taking on fresh meaning as people live longer and have more options, although the challenges are growing. MarketWatch runs down the best new ideas for retirement, beginning with psychological preparation for these years and pointers on how new tech can make any home safer.

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MarketWatch
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MarketWatch
5/23/2019

Federal Reserve officials are in agreement a patient approach to interest rates is the right course to take "for some time," according to meeting minutes. Many members support Chairman Jerome Powell's opinion that recent weakening of inflation is "likely to be transitory."

5/23/2019

Companies can benefit from reverse mentorship programs in which older employees listen to younger ones to gain insights about subjects such as technology and societal changes, writes consultant Jarrod Upton. Benefits of reverse mentoring can include removing intergenerational barriers, empowering younger employees, avoiding group think and limiting turnover, he writes.

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Jarrod Upton
5/23/2019

Tax rules related to Opportunity Zones have led investors to show more interest in Louisiana, writes Anthony McAuley. Tight deadlines for Opportunity Zone investments have led to a "Wild West" situation in the state, said property investor and developer Dennis Stump.

5/23/2019

Non-traded real estate investment trusts often have an advantage over their publicly traded counterparts because they are less volatile and not as subject to daily price changes, writes Lew Feldman. Investors with a long-term approach may find that non-traded REITs "offer an underappreciated appropriate investment solution," Feldman writes.

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Seeking Alpha