Category: LOANS & MORTGAGES

[ad_1] Merrill Lynch is tweaking financial advisor pay and adding new bonuses as part of changes to its compensation plan for 2024, according to two people familiar with the matter. Merrill and other national brokerage firms, also known as wirehouses, make annual changes to compensation plans under which advisors can earn higher payouts by generating… Continue reading Merrill Lynch Changes Financial Advisor Copensation Plan, Adds New Bonuses

[ad_1] The majority of investors surveyed believe that artificial intelligence is a game changer and will enable them to better serve their clients. Seven out of 10 of investors believe that AI is a game changer for investors and traders, and nearly three out of four (74%) believe it will help financial advisors better serve… Continue reading Investors bullish on AI as a financial advisor tool – Insurance News

[ad_1] Managing your finances well takes some time, energy and knowledge—and not everyone wants to take it on. Financial advisors promise to do this for you. But, with a dizzying array of fees, it can be difficult to figure out when they are really worth the cost. While a lot depends on you and your… Continue reading Is a Financial Advisor Worth It?

[ad_1] If you feel like you have a lot saved for retirement, that is no small feat, as many Americans have been struggling to set aside money for their golden years lately. Persistent, albeit cooling, inflation, rising rates and now, the resumption of student loan payments are continuing to make it difficult for many to… Continue reading I’m a Financial Planning Expert: 8 Moves To Make If You Have a Large Retirement Savings

[ad_1] Picture this scenario: You and your spouse are both 67, have $2.5 million in savings and collect $40,000 in annual Social Security benefits. Is that enough to support a $100,000 lifestyle in retirement? This question is really multi-pronged. It’ll depend on when you both plan to retire, if you can you generate $100,000 per… Continue reading We’re 67, Have $2.5 Million Saved and $40k in Social Security Benefits. Can We Live on $100k Per Year?

[ad_1] Envestnet has launched a new embedded investment platform to empower banks and other financial institutions offer a more holistic service to their customers. The firm has established an SEC-registered investment advisor called Envestnet Embedded Advisor to be the asset manager for the embedded financial solutions while investment accounts will be held at independent broker-dealer… Continue reading Envestnet sets up RIA for new embedded investment solution for financial institutions

[ad_1] Aristotle Atlantic Partners, LLC, an investment advisor, released its “Large Cap Growth Strategy” third quarter 2023 investor letter. A copy of the same can be downloaded here. In the third quarter, Aristotle Atlantic’s Large Cap Growth Strategy delivered -5.34% gross of fees (-5.51% net of fees) underperforming the Russell 1000 Growth Index’s return of -3.13%.… Continue reading Here’s Why Aristotle Atlantic’s Large Cap Growth Strategy Sold Ameriprise Financial (AMP)

[ad_1] Thrivent Financial at the 2019 MABA Business Expo. Making meaningful decisions about money can be complicated. Everyday concerns about bills, expenses and what’s coming next can distract us from making financial choices that truly reflect our intention and values. Morning Consult partnered with Thrivent on a survey designed to understand how people prioritize their… Continue reading Thrivent Financial Column – Bringing financial decisions closer to your values

[ad_1] By Dr. Jim Dahle, WCI Founder I was chatting recently with two financial advisors who work exclusively with doctors, and we were comparing stories of physicians who are in serious financial trouble when I realized something. Most of them come to an advisor (or, in my case, a blogger) with the same question. “How… Continue reading The Most Revealing Question | White Coat Investor