Remove Math Remove Retirement Remove Wealth Management
article thumbnail

Why Gen 2 Advisors Are a Flight Risk

Wealth Management

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. There was no succession plan coming.”

article thumbnail

When is the Best Time for a Roth Conversion?

Darrow Wealth Management

While a Roth conversion may never make sense for some individuals, for others, early retirement years may be the best time to convert pre-tax accounts to tax-free Roth. Converting a traditional IRA to a Roth doesnt make sense unless you have cash to pay taxes without dipping into your retirement savings.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transcript: Steve Laipply, Global Co-Head of Bond ETFs at BlackRock

The Big Picture

It’s sort of like math with dollar signs attached to it. But, 00:51:57 [Speaker Changed] And and what about, you know, we always have clients who are looking into their retirement, you know, I just want X dollars and not worry about taxes. It was about, you know, I love math statistics, all that stuff. I really like it.

Portfolio 130
article thumbnail

Transcript: Jonathan Clements

The Big Picture

But yes, I was given my own column and by that point, having seen all these star managers come and go, you know, I had become an index fund devotee, and in column after column I banged the drum for index funds to the point where my editors were asking me, Hey, could you write about something else? But learning how to spend in retirement.

Investing 144
article thumbnail

2024 Forecasting Follies

The Better Letter

To BNY Mellon Wealth Management, it was to be “a healthy and welcome slowdown.” “Bonds have their moment,” BNY Mellon Wealth proclaimed. Happy Retirement, Paul! Gandalf was fired in July. Bloomberg cast a wider net , looking at more than 650 market calls.

article thumbnail

Transcript: Lisa Shalett, CIO Morgan Stanley

The Big Picture

She was CIO at Merrill Lynch Asset Management, and now CIO at both Morgan Stanley Wealth Management and runs their asset allocation models and their outsourced chief investment officer models. She, she absolutely has a unique background and a unique perch on, on wealth management and what’s going on in the world.

article thumbnail

Transcript: Karin Risi, Vanguard’s Chief of Strategy & Product

The Big Picture

It was not, not an unknown, like many of my, you know, retired predecessors are, you know, when they joined Vanguard in the eighties, it was really off the radar. There’s just a ton of movement in wealth management, which I think is exciting and hopefully is good for investors. What was it like during that period?

Clients 130