As financial advisors take over more and more of their clients’ needs, the case of best-selling author Patricia Cornwell’s $51 million verdict against Anchin, Block & Anchin presents a cautionary tale.
Last week’s Inside ETF conference showed the maturity of the industry. Most participants were focused on educating advisors on building portfolios with the funds, not pushing specific products.
Annuities can get a bad rap, but used correctly they can play a central role for clients who both want to leave money to heirs and also ensure they themselves will never run out of income, according to a recent academic study.
