Guaranteed Lifetime Income Isn’t Free
Insurance protects against losses – fires, floods or a wrecked car. Because of the life-altering consequences of such as loss, clients rarely question the cost of the insurance. When viewed through an analogous framework, the cost of lifetime-income insurance, such as a GLWB, is fairly priced.
Wall Street Banks Prep for Grim China Scenarios Over Taiwan
Global financial firms, still smarting from multi-billion dollar losses in Russia, are now reassessing the risks of doing business in Greater China after an escalation of tensions over Taiwan.
Upcoming Free CE Webinars Hosted by Advisor Perspectives
This week, Advisor Perspectives is set to host a variety of free CE webinars for financial professionals. These webinars will cover a variety of topics that are intended to help advisors gain valuable insight and education, allowing them to better meet their clients’ needs.
Perception vs. Reality - The Vital Role of Insurance in a Thriving Advisory Practice
Join Dimensional's Mark Colaço, James Pryor of Jackson, and RetireOne’s Ed Mercier on Tuesday, September 20 to explore the impact of insurance offerings to RIA firms. Mark will share insights from Dimensional’s Advisor and Investor research that illustrates the value of including insurance in a holistic wealth management approach.
Direct Indexing in a Changing Environment for Advisors
Direct indexing is the fastest growing segment of the asset management industry. In this interview, Brandon Thomas of Envestnet explains how direct indexing helps clients gain low-cost, tax-efficient exposure to asset classes, ESG and quantitative strategies.
Consumer Price Index: August Headline at 8.26%
The Bureau of Labor Statistics released the August Consumer Price Index data last week. The year-over-year non-seasonally adjusted Headline CPI came in at 8.26%, down from 8.52% the previous month. Year-over-year Core CPI (ex Food and Energy) came in at 6.32%, up from 5.91% the previous month.
How the Inflation Reduction Act Changes Healthcare Planning
The IRA impacts everyone, but the healthcare portions of it mean substantial changes to the way advisors incorporate healthcare costs into their financial plans for clients who are retired, on Medicare, or are still working.
Will a Senior Living Facility Cost Your Kids an Inheritance?
One popular money script is, “I need to leave an inheritance to my kids.” Yet choices that parents make based on this money script can actually result in both failing to leave an inheritance and even costing children money. Here is one way that might happen.