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News, trends and helpful peer advice for financial advisors.

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September 23, 2024
Illustration of a wealthy looking individual looking concerned as financial forms and papers swirl around him. Are-all-millionaires-confident-in-their-financial-plans.

Are all millionaires confident in their financial plans?

While nearly half of millionaires surveyed believe their financial plans need improvement, those with financial advisor feel more confident.

September 20, 2024

Internships and mentorships fuel financial advising careers

Becoming a financial advisor can be challenging, even with a wealth of resources available.

September 20, 2024
Illustration of woman talking to a man with a speech bubble that says: "$$." Women-and-money---know-the-right-language.

Women and money: Learning the right language

Working with women is one of the biggest opportunities financial professionals have today. But they must understand how women view money and know the right language to be a trusted advisor to them.

September 18, 2024
Image shows the a building the 0/0
The Federal Reserve is content enough with inflation to cut interest rates.

Insurance experts see good news after Fed cuts rates by a half-point

The Federal Reserve stunned economists today by slashing its benchmark interest rate by a whopping half-point.

Professional guidance plays crucial role in financial preparation for life events

September 17, 2024

New York Life’s latest Wealth Watch survey finds that American adults overwhelmingly report they are not financially preparing for major life events such as purchasing a home, starting a family, changing careers or retirement.

Only 37% of US households confidently manage their personal finances

September 17, 2024

With high prices and high interest rates, U.S. households continue to feel the strain and concern of not being prepared for the unexpected.  

September 17, 2024
Photo illustration of an American Bald Eagle in front of the Social Security Administration building. How-much-do-Americans-really-know-about-Social-Security.

How much do Americans really know about Social Security?

More than half of Americans surveyed said that they do not know much about Social Security or how it will fit into their retirement plan.

Caregiving impacts women’s ability to save for retirement

September 16, 2024

Half (48%) of American women in what’s known as the “sandwich generation,” or people who are caring for both children and parents or relatives, report feeling under financial strain according to new research from Edward Jones, in partnership with NEXT360 and Morning Consult.

September 16, 2024

The pros and cons of joining different community organizations

People do business with people they like. But first, they need to meet you and get to know you on a social level. What next?

September 13, 2024

Retirement moves for millennials without savings

Retirement saving strategies for millennials who are late getting started with investing.

September 12, 2024
Photo illustration of a senior couple looking worried as they sit at a table with a large collection of prescription pills. Retiree-health-care-costs-rise-to-new-high-study-finds.

Retiree health care costs rise to new high, study finds

A 65-year-old retiring this year can expect to spend a record high in health care and medical expenses throughout retirement, a study finds.

September 12, 2024
Graphic illustration showing the 3D initials "ETF" sitting on a pile of cash. ETF-adoption-strong-among-financial-advisors,-institutional-advisors.

ETF adoption strong among financial advisors, institutional advisors

More than two-thirds of financial advisors “always” or “often” recommend exchange traded funds (ETFs) to their clients.

Nearly 2/3 of workers feel on track for retirement

September 11, 2024

Amid today’s economic challenges, American workers are showing remarkable confidence in their long-term financial and retirement plans, according to the fourth annual Protected Retirement survey from the Nationwide Retirement Institute.

September 3, 2024

Organizations: The right places to meet the right prospects

The four characteristics of the ideal community organization for you.

Cardinal Point Wealth Management Alerts Canadian Expats in the U.S. to Potential Tax Changes in 2025

September 2, 2024

Cardinal Point Wealth Management is raising awareness among Canadian living in the U.S. about significant tax changes that may impact their financial planning in 2025. Key provisions from the 2017 Tax Cuts and Jobs Act expire at the end of 2025, and individual and corporate taxpayers are expected to face substantial tax rates, deductions, and credit…

September 1, 2024

Why advisors should discuss funeral preplanning with clients

Addressing this issue can close a gap in end-of-life planning.

August 30, 2024
financial advisors

How financial advisors plan to grow their practices

Two recent surveys are providing critical insights on ways that financial advisors are using to grow and scale their businesses.

August 29, 2024

Emotional intelligence is a sought-after skill for advisors

Most Americans agree that it’s important for advisors to exhibit emotional intelligence, both with their clients and themselves.

Older workers filling shrinking prime-age worker pool

August 26, 2024

A new research report published by the Employee Benefit Research Institute taking a historical look at labor force participation and employment data in the United States found the prime working age population (25-64 years old) has significantly fallen and is being filled by older workers.

August 26, 2024
Image that shows a split screen: on one site a happy couple that works with a financial advisor, and on the other, an unhappy couple that does not. Does-working-with-an-advisor-really-provide-benefits-to-consumers.

Does working with an advisor really provide benefits to the consumer?

Does having a financial advisor truly make a difference? A recent Northwestern Mutual study has some answers.

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