by
Evan Simonoff
It hasn’t escaped my notice that the current financial news cycle is replete with stories from wise men like Bridgewater’s Ray Dalio predicting that the next financial crisis will be bad, but not...
by
Evan Simonoff
Advisors who had the guts to push clients to
the outer limits of their risk-tolerance levels in 2008
and 2009 are being rewarded these days with a
surfeit of satisfied clients.
by
Evan Simonoff
How will the workforce adjust to accommodate
individuals who need to keep working and a younger cohort that is looking to advance?
by
Evan Simonoff
Merger conversations are on the rise, but for
many firms it is still more talk than action.
by
Evan Simonoff
Clients may need to plan for what they do when
they retire even more carefully than for
what they did to get there.
by
Evan Simonoff
What is clear is that the demand for financial advice is outstripping the advisor population. And that’s just for baby boomer and Gen X clients.
by
Dorothy Hinchcliff
Despite dedicated efforts by many, many people to bring more women into the profession and give women a greater voice, a lot of work still needs to be done.
by
Evan Simonoff
Economists at JP Morgan are expecting four increases in the fed funds rate this year and another four in 2019.
by
Evan Simonoff
Never before in human history have so many people been expected to manage a 30-year retirement on their own. That explains why this emerging profession has grown so fast in the last 40 years.
by
Evan Simonoff
As of this writing, the Senate and House of Representatives have reached a tentative agreement on the first major overhaul of tax legislation in more than 30 years...
by
Evan Simonoff
A major reason individuals use advisors
is to cushion themselves against short-term
market swings. It’s easy to see why.
by
Evan Simonoff
If the 1987 stock market crash was a non-event when viewed against the arc of economic history, the same could not be said of the 2008-2009 financial crisis.
by
Evan Simonoff
It’s been a long climb for many Americans, but finally the median American household has seen its income reach just over $59,000.
by
Evan Simonoff
The challenge for advisors in this environment is elevated because the need for spending on other liabilities increases, as does the potential for client mistakes that markets can’t paper over.
by
Evan Simonoff
In a world changing as fast as the present one, defining value is very challenging.
by
Evan Simonoff
In early June, I had the opportunity to attend Singularity University’s Exponential Finance conference, and it was an eye-opening event...
by
Evan Simonoff
What is driving this feeling of the blues? Murray identified two major factors: the DOL fiduciary rule and the advent of robo-advisors.
by
Evan Simonoff
Little did we know that when Financial Advisor published Dick Wagner’s “Got Any Spare Change?” in last month’s April issue, it would be his final column.
by
Evan Simonoff
Money certainly isn’t everything, but most Americans value financial independence as one of their primary goals.
by
Evan Simonoff
Despite political uncertainty regarding the DOL rule, several major wealth management firms plan to comply with tenets of the rule.
