News Round-up for Week of Feb. 26

28th Feb 2018

person holding pen and reading business news

Why the Rich Are Hiding

The primary goal of most financial advisors is to cultivate clients with investable assets of $1 million or more. This is a difficult task because rich people are not easy to find. According to a new book, Uneasy Street: The Anxieties of Affluence, rich people are hiding—mostly from the judgment of others. Our clients are high income people who are out there. If you’re prospecting for high income clients, here are some of our typical clients.

Via Wealthmanagement.com


Can You Become Rich From the New Tax Law by Becoming a Company?

If you have a job that’s conducive to freelancing — such as writing software or being a plumber — and you’re willing to take the risks of working for yourself, you could be able to reap the tax breaks introduced in the law.

Via New York Times


Forget Fiduciary Rules — FAs Simply Need More Education

A recent report suggests that instead of more fiduciary regulation of financial advisors, what advisors really need is more training and education. Advisors often invest in the same high-cost actively managed funds they put their clients into — and at the same inopportune times.

Via Financial Advisor IQ


5 Tips to Weather a Turbulent Stock Market

The stock market has been shaken by turbulence in the last few weeks, something it hasn’t experienced in a few years. Here are five tips from financial professionals that could help ensure that a volatile ride doesn’t derail your financial planning.

Via New York Times


What Successful Retirement Planning Looks Like

With social security in doubt, retirees have lifestyle and long-term care questions that robo advisors can’t answer. A financial advisor’s greatest challenge is to manage the emotional and psychological rollercoaster that affects clients when looking at their portfolios. This emotional handholding is critical and often the most important and impactful thing an advisor can do to help clients.

Via Wealthmanagement.com

Dedicated DB@ DedicatedDB

What are the 9 typical client situations that we see with Defined Benefit plans? https://t.co/7NEmXAod6b

8:59 PM 6 February 2023

Dedicated DB@ DedicatedDB

Clients are 'overwhelmed' by retirement planning. Here's why. https://t.co/Dnkak4Ow0p

7:59 PM 6 February 2023

Dedicated DB@ DedicatedDB

What are the top questions about Defined Benefit plans? See our frequently asked questions. https://t.co/rPqYz8oAmc

8:58 PM 2 February 2023

Dedicated DB@ DedicatedDB

How can you save your retirement plan from falling apart? https://t.co/xBeRjY2xdl

7:59 PM 2 February 2023

Dedicated DB@ DedicatedDB

How long does it take to set up a Defined Benefit #retirement plan? Learn about this and more in our FAQs. https://t.co/rPqYz8o2wE

7:59 PM 27 January 2023

Dedicated DB@ DedicatedDB

Here's how to connect with people, not just their money. https://t.co/pOIbcRxipx

6:01 PM 27 January 2023

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