Karen DeMasters

CFP Board Offers Financial Self-Defense Guide To Seniors

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A free guide for senior citizens on how to avoid falling prey to financial fraud and abuse has been published by the CFP Board of Standards.

Aspiriant To Launch Risk-Managed Fund

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Aspiriant, a Los Angeles-based independent wealth management firm, plans to launch its first mutual fund—an offering that will focus on global equity and risk mitigation.

Number Of People Using IRAs Shrinks, Study Says

by FA Staff

The number of people not using an individual retirement account for savings increased by 4 percent to 80 percent from last year, according to a TIAA-CREF survey.

Advisors Think Clients Know More Than They Do, Survey Says

by FA Staff

Financial advisors vastly overestimate their clients' knowledge about investing and their willingness to take risks, says Accenture.

LPL Launches Retirement Group

by FA Staff

LPL Financial has created the Retirement Partners Group for advisors with extensive experience in handling retirement plans.

Auto-Enroll For Defined Contribution Plans Grows

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Automatic enrollment in defined contribution retirement plans increasingly helps employees save for their non-working years, says New York Life.

U.S. Millionaire Population Grows For Fourth Year

by FA Staff

The number of U.S. millionaires grew for the fourth straight year in 2012, but still has not reached its pre-recession peak of 2007, according to a new report.

Northern Trust Donates $15 Million To Charity

by PW Staff

Northern Trust donated $15 million last year in corporate contributions to charities and nonprofit organizations, achieving its goal of giving 1...

HNW Investors Warm Up To Alternatives

by PW Staff

More Americans with at least $5 million in investable assets are willing to put money in alternative investments than they were five years ago, according to a new study.

Financial Mistakes Acknowledged By Most, Survey Says

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Nearly 80 percent of Americans say they have made mistakes in handling their finances, and the largest group says not saving enough for retirement is their biggest mistake, according to a survey.