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News, trends and helpful peer advice for financial advisors.

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January 20, 2025
Photo illustration of a figure jumping for joy against the background of a city financial district, with the logo of Morningstar overlapping. Economy-performing-better-than-expected-Morningstar-says.

Economy performing better than expected, Morningstar says

The U.S. economy is heading for a soft landing, with some slowing expected midyear and rebounding at the end of 2025.

Advisors have more optimism post-election

January 20, 2025

Registered investment advisors have an improved outlook and increased optimism following the U.S. election, according to the latest RIA Economic Outlook Index from Security Benefit in partnership with Greenwald Research.

January 20, 2025

How to get people to share personal information

You can learn a lot about people without seeming intrusive.  Simply ask the right questions!

January 17, 2025
Scott-Bessent-CEO-and-CIO-of-hedge-fund-Key-Square-Group. Trump's pick for Treasury secretary says letting the 2017 tax expire would unleash a $4 trillion tax hike that could crush the U.S. economy.
President-elect Trump's pick for Treasury secretary, Scott Bessent, CEO and CIO of hedge-fund Key Square Group.

Trump pick for Treasury: extending tax cuts the ‘most important’ issue

Trump’s pick for Treasury secretary, Scott Bessent, says letting the 2017 tax expire would unleash a $4 trillion tax hike that could crush the U.S. economy.

Treasury Secretary nominee Scott Bessent says Trump tax cuts should not expire

January 17, 2025

WASHINGTON- The Senate Finance Committee grilled President-elect Donald Trump's choice for Treasury Secretary Thursday. Scott Bessent, a South Carolina billionaire hedge fund manager, wasted no time getting to the crux of his confirmation hearing: the expiring Trump tax cuts. Democrats also questioned Bessent about Trump's tariff threats against Canada,…

January 16, 2025
Illustration showing a glittering gold number 5 against a festive background. Five-retirement-industry-trends-2025

Five retirement-industry trends to watch in 2025

An IRIC report forecasts the evolution of defined contribution plans in 2025 to improve support of workers’ long-term financial security.

U.S. military veteran workers report higher levels of financial well-being

January 15, 2025

A new report from the 2024 Workplace Wellness Survey published today by the Employee Benefit Research Institute and Greenwald Research finds U.S. military veterans reporting higher levels of financial, social, emotional and workplace well-being than their non-veteran counterparts.

January 15, 2025
Image shows the word, "Inflation"
Controlling inflation remains a difficult goal.

US inflation picked up in December, though underlying price pressures ease

Wednesday’ s report from the Labor Department showed that the consumer price index rose 2.9% in December from a year ago, the highest since July, up from 2.7% in November. The slowdown in core price increases was greeted with relief on Wall Street, with Dow Jones futures pricing surging nearly 700 points on the report's release. Such concerns have sent interest…

Majority of Americans anticipate improved economy in 2025

January 14, 2025

Americans are more optimistic about the economy than they have been in years even as the effects of inflation linger, according to the 2024 Q4 Quarterly Market Perceptions Study from Allianz Life.

January 9, 2025
Image showing the U.S. Capitol Building in the background, with a financial advisor seated in the foreground. Social-Security-Fairness-Act-increases-need-for-financial-advice,
Social Security Fairness Act increases need for financial advice.

Social Security Fairness Act increases need for financial advice

The Social Security Fairness Act repeals two provisions that reduce or eliminate Social Security benefits for public sector workers.

January 8, 2025

It’s a new year: How will you reinvigorate your client service?

The new year presents new opportunities to provide premier client service and to connect with fellow financial professionals across the globe.

Trump should impose China tariffs, prioritize renewing tax cuts and immigration reform

January 8, 2025

Corporate tax cuts aren’ t necessary— factoring in state taxes, the 25.8% U.S. rate is about average for industrialized countries and lower than in Japan and Germany. Combating that trend would require printing lots of money and inflation, inspiring a midterm election disaster for Republicans and rendering Mr. Trump a crippled lame duck. The U.S. economy has grown…

January 7, 2025
Image shows a dollar sign in a spotlight
Only 19% of adults report having a retirement strategy, a new survey finds.

Fewer report having retirement savings than a year ago

New York Life’s 2025 New Year Outlook Wealth Watch survey finds that financial confidence persists for American consumers, despite ongoing financial pressures.

Paul Brahim becomes 2025 FPA president

January 6, 2025

Brahim has been a member of FPA for many years and has served in various capacities on the Board of Directors of the FPA of Pittsburgh.

January 6, 2025

How can people tell if you are sincere?

Here are some behaviors that cause people to doubt you.

January 2, 2025
Image shows a Prudential building and a gavel
Verizon employees claim they are getting a raw deal in a new pension risk transfer lawsuit.

Ex-employees sue Verizon over pension transfer deal with Prudential, RGA

A group of ex-Verizon employees filed the latest lawsuit challenging the efficacy of insurance companies managing pension funds.

January 2, 2025
Image shows Gary Brecka
Gary Brecka and his wife Sage Workinger filed lawsuits related to their partnership with Cardone Ventures.

Gary Brecka, Cardones file dueling lawsuits in battle of social media stars

A bitter fight between social media personalities in a fractured business partnership resulted in dueling holiday lawsuits between Gary Brecka and Grant Cardone.

January 2, 2025
Illustration of a financial advisor making a phone call. Confidence-is-key-to-cold-calling-success.

Confidence is key to cold calling success

Confidence is the key to cold calling and that confidence comes from being uncomfortable.

December 31, 2024
An senior couple looking indecisive with questions marks appearing across the image. Overcoming the indecision of prospects.

Overcoming the indecision of prospects

Two industry experts share some tips advisors can use to help convert procrastinating prospects into long-term clients.

December 31, 2024
Illustration showing a small person cutting the word "DEBT" in half with a sword. Debt-reduction-tops-list-of-consumers-financial-goals-for-2025.

What issues top consumers’ list of financial goals for 2025?

As the new year approaches, Americans are prioritizing financial health in their resolutions, with debt reduction near the top of the list.

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