A new report find that retail investors are poised to allocate a larger portion of their assets to impact investments, if both products and offerings, and sales and advisory channels can evolve to accommodate their needs. More than half (55%) also expect to increase their impact investments over the next two years

You’re busy taking care of your clients’ financial needs, but are you neglecting your own financial plan? One of the biggest challenges is managing cash flow. Most financial advisors are tied in some way to the performance of the market. Generally, as the markets drop, so does the income.

The 2019 Planning & Progress Study found that 46% of Americans expect to work past the traditional retirement age of 65. Nearly one out of five Baby Boomers (18%) and an equal percentage of Generation X (18%) expect to work even longer — past the age of 74.

Men will need assistance for an average of 2.2 years, while women will need it for 3.7 years, according to the U.S. Department of Health and Human Services’ Administration on Aging. More than one-third will spend time in a nursing home, where the median annual cost of a private room is now more than $100,000, according to insurer Genworth’s 2018 Cost of Care Survey.

The report features proprietary Chubb claims analysis and perspectives from some of the top securities lawyers in the U.S.. In 2017 and 2018, the number of securities class actions filed in federal court broke new records each year, and the volume has doubled since 2014, according to NERA Economic Consulting. “There is a growing cohort of lawyers filing…

A new survey uncovers a variety of topics, including financial habits and behaviors, and how consumers grade themselves on their knowledge of personal finance. The results show adults 18-24 rate their knowledge of personal finance much lower than adults in general, and only 1 in 10 give themselves an A.

Just one year after the Department of Labor fiduciary rule was vacated, the financial services industry is again reeling and rejoicing (depending on where you are in the industry) after the Securities and Exchange Commission’s approval of Regulation Best Interest and its subsequent rulings.

The three-fold rulemaking package, which debuted last April went up for a vote this morning as Chairman Jay Clayton and Commissioners Elad Roisman, Robert Jackson, Jr. and Hester Peirce gave their final thoughts on the matter before the vote.

The 10th annual Northwestern Mutual Planning and Progress study shows that Americans learned some lessons from the recession and used those lessons to work on improving their financial security – in particular, carrying less debt.

The Securities and Exchange Commission is voting tomorrow on a three-part rulemaking package containing regulation best interest.

–Focus Financial Partners Inc., a leading partnership of independent, fiduciary wealth management firms, announced today that it has entered into a definitive agreement under which HORNE Wealth Advisors, LLC, a registered investment advisor with offices in Ridgeland, Mississippi and Nashville, Tennessee, will join with Focus partner firm Buckingham…

Often the best way to make some money decisions is to choose an option that’s good enough, then get on with your life. Target-date retirement funds, flat-rate cash-back credit cards and 529 college savings plans are just some of the products you can use to make a decision that starts building your assets now, rather than waiting to compare every possibility.

After a contentious comment period and a listening tour, the commissioners have set June 5 to vote on its Regulation Best Interest rule.

Just 23% of people globally are very/extremely confident that their healthcare will be affordable in retirement (31% U.S.). Two in five people globally (41%) feel stressed about their long-term financial plans for retirement at least once per month (51% U.S.).