Congressional Republicans are targeting Medicaid, the government health insurance program for low-income Americans, for hundreds of billions of dollars in savings to help pay for sweeping tax cuts, but the extent of reform is creating intraparty divisions. House Speaker Mike Johnson, Louisiana Republican, insists his conference does not plan to cut…
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Economy showing momentum despite uncertainty
The U.S. economy is showing momentum in early 2025, despite lingering uncertainty in the wake of the November elections.
7 ways financial advisors can benefit by giving back to nonprofits
The seven sources of getting business from your involvement in community and nonprofit organizations.
Emergency Preparedness: How advisors can prepare clients for hurricanes
A desire for peace of mind is often what leads clients to seek a financial advisor. Inclement weather often presents a challenge to this peace, bringing potential harm to personal and financial wellbeing.
Federal employees: An emerging market for advisors
Financial advisors and insurance agents have a unique opportunity to help federal employees who are being laid off..
The financial advisor’s guide to creating an effective value proposition
Crafting an effective value proposition is one of the key ways for a financial advisor to set themselves apart from the competition.
Thrivent’s new Financial Fitness Survey finds many Americans have widespread financial concerns but haven’t taken the necessary steps to address them.
Investors across America remain concerned about their retirement due to a variety of headwinds impacting their financial confidence.
Help your clients navigate tax regulations
Navigating tax regulations is a complex process that is significantly affected by each client’s unique financial situation.
CFP Board today announced that Kevin R. Keller, CAE, will retire as CEO on April 30, after serving nearly two decades as the organization’s leader.
State Street study looks at why AUM in model portfolios is increasing
Advisors reported having increased their current assets under management in model portfolios, according to State Street Global Advisors
Supreme Court to look at ERISA rules in upcoming Cornell case
How much proof of mismanagement or financial malfeasance do you need before you can legally accuse your retirement plan of ripping you off?
With the “deepest sadness and heavy hearts,” the Financial Planning Association announced that CEO Patrick D. Mahoney died Saturday after…
Study: Do most affluent investors prefer a single financial services provider?
When it comes to affluent investors, do they prefer having multiple specialists or a single financial services provider?
Why haven’t some friends asked to become clients?
Nine reasons why your friends may be reluctant to do business with you.
Is a Roth IRA conversion key to strategic tax planning?
Many clients will benefit from a Roth IRA conversion, but there are several considerations to keep in mind.
Regulator group aims for reinsurance asset testing guideline by June
The Life Actuarial Task Force exposed a new version Thursday of its proposal for tougher asset adequacy testing on offshore reinsurance deals.
The U.S. Senate confirmed Scott Bessent as the next secretary of the Treasury, becoming the chief economic spokesman for President Donald Trump and his sweeping agenda of tax cuts, deregulation and trade rebalancing. Trump's first Treasury chief, Steven Mnuchin, garnered a single Democratic vote in his 2017 confirmation. He will be the first openly gay…
Jackson National study: vast underestimate of health care, LTC costs for retirement
A recent study by Jackson National has found a vast underestimate by retirees and financial professionals of various retirement costs.
Carteret County homeowners need to prepare for sticker shock as they assess the anticipated rising cost of insurance and taxes that will begin in March with the arrival of new property valuations and again in June as new insurance rates become effective. Last week Carteret County homeowners received a warning for yet another financial hit with the…
