WealthManagement.com’s 23rd annual Broker Report Card, our annual survey that lets advisors from the six major national brokerages rate their employers on a number of factors, shows that advisors were, overall, feeling better about where...
• IRS publishes inflation-adjusted items for 2014—In Revenue Procedure 2013-35,1 the Internal Revenue Service set forth inflation-adjusted tax items for 2014. These inflation adjustments, which take effect on Jan. 1, 2014, include...
A bull market helps many advisors feel pretty good about the firms they work for. Still, according to the 2013 Broker Report Card, some are happier than others.
“Rule number one: never lose money. Rule number two: never forget rule number one.&rdquo...
As this bull market climbs its “wall of worry,” we can see its underlying strength. Valuation concerns and the risk of a major correction appear overblown, as we should see a continued rebound in economic fundamentals over the coming months.
App...
The sale of your financial advisory practice will take a significant amount of effort and planning. Even if you are a self-described maverick, selling your firm is not a process that you should attempt to do by yourself. Even for the smallest...
“The intellect is always fooled by the heart.” - Francois de La Rochefoucauld
Of all the cognitive biases that influence human behavior, recency bias is by far the most harmful to long-term investors. This is the tendency for investors to pro...
One of the ironies of Ben Bernanke’s tenure is that he set out with a goal to improve Fed communication while in office. Immediately after his first meeting as chairman in March 2006, Bernanke set up a subcommittee tasked with facilitating...
Despite the evidence that active managers fail to beat their passive index alternatives, investors have not given up on alpha – they still want to beat the market. Ironically, they have decided to simplify their search, rather than intensify...
