Wealth Management
Top stories summarized by our editors
2/20/2018

Taxes are a major factor in determining how much you'll have to spend in retirement, and adviser John Spoto notes that retirees "face the dual challenges of investing and withdrawing their assets tax-efficiently." He reviews strategies for minimizing the tax bite.

2/20/2018

Financial planning software can bolster retirement talks with clients and help them see how various scenarios could affect them. When searching for the right package for your practice, consider factors such as ease of use and whether the software uses a goals-based or cash-flow-based approach.

2/20/2018

As premiums for stand-alone long-term care insurance continue to increase, deferred annuities may offer a good alternative, writes Aja McClanahan. She discusses who this product might be right for.

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Wise Bread
2/20/2018

Clients and their children can minimize college debt even if they weren't able to save significant sums in 529 plans. Encouraging children to take advanced placement courses, choose their majors carefully and plan their course loads can make a big difference.

2/20/2018

Technological evolution, including artificial intelligence and automation, is among the forces that could affect the advisory industry in the coming years, writes Schwab's Bernie Clark. "You can play a valuable part in empowering your clients to embrace change and adapt strategically to build a prosperous future," he writes.

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Bernie Clark, Schwab
2/20/2018

Scammers are using the Financial Industry Regulatory Authority's name and logo in an attempt to bilk investors, the organization warned. FINRA "does not guarantee investments, and our officers play no role in facilitating investment opportunities," noted Gerri Walsh, FINRA's senior vice president for investor education.

2/19/2018

Recent healthy returns in retirement portfolios are unlikely to be duplicated in the near future, according to a JPMorgan Asset Management study. In this light, retirement-plan savers and plan sponsors should take three steps, beginning with setting aside more.

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Forbes
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JPMorgan Asset Management
2/19/2018

The typical retirement saver today is on track to have 80% of the funds needed for a secure retirement, according to Fidelity Investments. This positive outlook is reinforced by a University of Michigan retirement comfort index reading of 109, the highest since 2001.

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CNBC
2/19/2018

A Deutsche Bank survey found that 50% of respondents investing in hedge funds plan to raise their allocation this year, compared with 37% who said the same in 2017, with those with pension funds particularly keen to invest more. The survey also shows hedge funds' average management fees have dropped to 1.56% from 1.59% in 2017.

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Deutsche Bank
2/19/2018

The number of hedge funds focused on cryptocurrencies has increased by more than double in the four months ending Feb. 15 to reach a record 226, according to data from Autonomous NEXT. The increase has occurred amid volatility in the cryptocurrency sector, with bitcoin plunging from nearly $20,000 in December to $6,000 last month and now standing at about $10,000.

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Reuters