Technology is changing every facet of life almost too quickly to keep track. From apps that are helping financial advisors do their jobs better, to personal health and fitness trackers allowing us to see how well we’re sleeping, technology is helping us all do more today than we could yesterday. This is just as true […]
When it comes to financial advice, it seems that everyone has plenty to offer. Invest in these stocks, not those. Sell those shares now, not later. Use your savings to buy property, not stocks or bonds. And the list goes on. You’d think that once we reached the ripe old age that means we get […]
Last year, approximately 61 million Americans received $918 billion in Social Security benefits, with retired workers taking the majority — $55 billion. 9 out of 10 people age 65 and over received Social Security checks, with the funds representing about 35-40 percent of the seniors’ income. As for the 2017 forecast, a cost-of-living adjustment only […]
When you’re serving senior clients, there are a number of considerations you must take into account. For one thing, a senior client is usually a matter of years away from retirement, if they’re not already retired. Their financial goals are therefore very different from a client in her 30s or 40s. A retiree is likely […]
Ever since life settlements originated, there have been “provider direct” firms that advertise directly to seniors, offering to purchase their life insurance policies outright for slightly more than the cash surrender value. This can seem tempting to seniors who perhaps weren’t aware that their policy could be worth anything at all above the cash surrender value. […]
The end and the beginning of the year are times ripe with opportunity to reflect, repair, and improve our finances. As a financial advisor, you know this better than anyone. Now that the end of last year has come and gone, and we’re at the start of the new one, your clients are probably coming […]
Senior women in 2017 face a very different reality than their own mothers did 20 or 30 years ago. For one thing, many senior women have been working for all or most of their adult lives, so they’re more financially independent. At the same time, however, they’re coming into retirement age during a period of uncertainty […]
The end of one year and the beginning of another is a time of reflection and change - a time when we consider what we’ve accomplished in the past year, and set goals for the one to come. This is as true in a financial advisor’s office as it is anywhere else. After all, the […]
How are you going to make 2017 an even better year for you and your practice than 2016 was? Are you going to expand your client services? Educate yourself about a new financial area? Work harder at bringing in clients of multiple generations? There’s no better way to lay out your plans for the year […]
Trust is a vital element of any business relationship, but in financial advising, it’s absolutely essential. Your clients are giving you influence over one of the most important parts of their lives: their finances. The stakes are high. As we all know, following bad or unscrupulous financial advice can lead to ruin, and clients are […]
