Author: elghoulam

[ad_1] Halloween is less than a week away, and with the scariest night of the year on the horizon, we wanted to settle in and tell some fintech ghost stories. These ghosts won’t be too spooky– they are more like a walk down memory lane than a visit to a haunted house. Here’s a look… Continue reading Remembering Fintech Ghosts: Four Companies That Haunt Our Memories

[ad_1] Welcome back to “Ask an Advisor,” the advice column where real financial professionals answer questions from real people. The topic can be anything in the world of finance, from retirement to taxes to wealth management — or even advice on advising. Owning a home is part of the American dream. According to the U.S.… Continue reading Ask an advisor: Should I pay off the rest of my mortgage in one lump sum?

[ad_1] By Lloyd LoftonOctober 25, 2023 at 05:54 PM Why accept where you are now? Why not rise? If you’re a financial advisor sensing a plateau in your journey, this is your call to transcend. Regardless of whether you’re embarking on this adventure or are a seasoned veteran yearning for more, embrace the transformative power… Continue reading 14 Steps for Financial Advisors to Move to a Higher Level

[ad_1] The Securities and Exchange Commission has filed civil charges against Julie Darrah and Vivid Financial Management, the wealth management firm she co-founded, for allegedly stealing $2.25 million from at least nine elderly female advisory clients. The SEC action comes about a month after Darrah, 50, of Santa Maria, Calif., was sued by… Continue reading SEC Sues Calif. Advisor Accused Of Defrauding Elderly Clients Of $2.25M

[ad_1] CHICAGO, Oct. 25, 2023 /PRNewswire/ — Morningstar, Inc. (Nasdaq: MORN), a leading provider of independent investment insights, posted solid third-quarter revenue growth, driven primarily by the performance of its license- and asset-based products. “We saw strength in the business this quarter as license-based products continued to thrive and our asset-based products rebounded with the markets,”… Continue reading Morningstar, Inc. Reports Third-Quarter 2023 Financial Results

[ad_1] Retirement is often romanticized as the time when hard working Americans finally get to slow down and enjoy a life of leisure, free of the worries and stressors of their earlier years. And yet, this is not always the case, particularly if people have not planned properly for their retirement, have poor spending habits,… Continue reading I’m a Financial Advisor: 7 Ways People Become Poor in Their Later Years

[ad_1] Charles Schwab won’t raise the rate it pays on its default low-yielding bank sweep accounts, President Rick Wurster said Wednesday at the company’s conference for independent financial advisors. Schwab sweeps customers’ uninvested cash into accounts that pay just 0.45%, a point of consternation for some customers and financial advisors who have been moving billions… Continue reading Charles Schwab Won’t Raise Rates on Bank Sweep Accounts, President Says

[ad_1] Start Slideshow Advisors with any substantial experience working with clients will know that managing income and spending in retirement can be a big challenge from both an analytical and behavioral perspective. For that reason, the “decumulation phase” represents one of the biggest opportunities for financial professionals who want to deliver exceptional value to their… Continue reading 8 Trends in Retirement Income Planning

[ad_1] On this week’s episode of the Financial Planning Podcast, Robert Sofia explains that when it comes to modern marketing, advisors have plenty of opportunities to work smarter and not harder. But to make the most of those opportunities, financial pros will need to step out of their comfort zones and try something truly unique. … Continue reading The new era of financial advisor marketing, with Snappy Kraken CEO Robert Sofia