Women in the United States alone control $8 trillion in investable assets and are expected to control $22 trillion by 2020, according to TD Ameritrade Institutional. Yet they remain underserved and oftentimes ignored by financial advisers.
An estimated 130 million individuals in the United States alone have at least one chronic illness (including conditions such as Alzheimer's, Parkinson's, and multiple sclerosis). Given the magnitude of the problem, it is almost assured that many of your clients, or their loved ones, have a chronic illness.
Due to a phenomenon known as counterfactual thinking, silver medalists are often less happy than Olympians who capture the bronze. Studies show that counterfactual thinking can also influence how finance professionals pick stocks.
Dean A. Junkans, CFA, discusses the most interesting and most surprising results of a recent survey of 500 individual investors. He also explains three of his seven principles for private client investing and offers an example of a new investor paradigm.
Dr. Maria Hartwig, a deception and lying behavior expert, discusses the state of lie detection in finance. She also reviews important lie detection research and what the future holds for lie detection in finance.
According to the 2012 "World Wealth Report," so-called "investments of passion," including art, jewelry, and memorabilia, attracted interest as substitute investments in 2011, especially among the emerging-market crowd.
If President Obama's proposed budget for 2013 makes it through Congress, there are only a few months to go before a popular trust strategy — the sale of an asset to an intentionally defective grantor trust, or IDGT — may be eliminated.
We all know there is a link between wealth and luxury. But are there any actual business lessons that wealth managers can take from the luxury sector? The short answer is yes.
Here are some interesting (and fun) reads for wealth advisors.
Nic Colas, of ConvergEx, says “risk on, risk off” might be the most essential hallmark of the current market, but just focusing on the day-to-day… READ MORE ›
Are wealthy individuals more apt to lie, cheat and break the law? According to a recent paper, the answer is: Yes!
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