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Weekend Reading For Financial Planners (March 15–16)

Nerd's Eye View

Enjoy the current installment of "Weekend Reading For Financial Planners" – this week's edition kicks off with the news that Securities and Exchange Commission (SEC) Commissioner Hester Peirce suggested in a recent interview that she would like to see the SEC give advisors more leeway to provide customized solutions to clients (rather than feeling (..)

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Why Gen 2 Advisors Are a Flight Risk

Wealth Management

Number 8860726. According to a recent survey commissioned by Kestra Financial and Bluespring Wealth Partners, less than half (41%) of first-generation advisors have transferred equity to successors, and just 6% of those planning to retire within 10 years have a fully documented succession plan. Registered in England and Wales.

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Transcript: Jim O’Shaughnessy on Infinite Wisdom

The Big Picture

And, and I kind of raised my hand and said, dad, uncle John, don’t you think it might be a better idea to look at it by the numbers? Valuations tended to crash and burn very, very cheap valuations tended to do well. The numbers are pretty bad. And they dismissed me. This is 1976. So I decided what’s a quant?

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Transcript: Sander Gerber, CEO and CIO Hudson Bay Capital

The Big Picture

Wall Street tries to make things more complicated because it has to justify the, the sales commission and if, but things really are not so complicated. 00:14:36 [Speaker Changed] That that’s number one. If it’s simple, well, I think I could do that much. That’s 00:12:19 [Speaker Changed] Right.

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The Latest In Financial #AdvisorTech (October 2022)

Nerd's Eye View

While the growth of DPL’s marketplace may itself usher in a greater level of annuity competitiveness, as companies are forced to compete for RIA attention not by offering the biggest commissions but by offering the best features and benefits to get through the RIA-as-gatekeeper.

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Weekend Reading For Financial Planners (May 11-12)

Nerd's Eye View

billion (thanks to expected reductions in commissions and the embedded costs in these annuities). could save retirement plan participants $55 billion over the next 10 years (due to an expectation of more low-cost fees being offered in plans) and those rolling over workplace plans into IRAs to purchase annuities another $32.5

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Weekend Reading For Financial Planners (July 6-7)

Nerd's Eye View

Supreme Court decision shifting authority to interpret laws passed by Congress from Federal agencies to the judicial system could have significant impacts on regulation of the financial advice industry, including the potential for additional legal challenges to regulations from the Securities and Exchange Commission (SEC), the Department of Labor (DoL), (..)