Advisors have to become more transparent and offer a more inclusive financial and life plan, while investors say they are willing to pay for advice, as long as it is transparent and shows value. Those are some of the results in an April 2019 report
April is financial literacy month and it comes at a time when the average American’s understanding about the basics of investing is declining. An October 2018 study by Alliance Bernstein (“Inside the Minds of Plan Participants”) found that only 9% of workers in 2018 surveyed were
Online banks that work directly with customers, as opposed to traditional branch banks, are becoming more popular among younger depositors, according to a new JD Power Survey. The survey found that “direct banks continue to significantly outperform traditional retail banks in overall customer satisfaction.” The survey found
If you are one of the millions of investors who think they are getting more benefits by hiring a fund manager who trades in and out of the markets in the hope of beating a passive index, you are probably wasting your money. In numerous academic and
In a single week in March 2019, Americans were treated to an unprecedented college admission bribery scandal, the lenient sentencing of Trump’s campaign manager on tax evasion, and Republican plans to cut the pensions of thousands of federal employees, accompanied by proposed decreases in Medicare and Medicaid budgets. These
U.S Chamber of Commerce Sees National Political Mood Shifting—Asks Congress to “Govern from the Center”
In a dramatic departure from its past, the nation’s most reactionary, conservative and largest business lobbying group is responding to changes in Washington and calling on Congress to work together and “govern from the center.” In an NPR radio interview today, the chairman of the U.S.