A non-transparent exchange-traded fund is an ETF that only reveals its holdings quarterly. Avoid them.
The financial media is in overdrive with hyped up stories about the impact of the Trump presidency on your portfolio. There’s endless speculation about how the stock market will perform “in the Trump administration.”
Nothing is more important than establishing a meaningful connection with a prospect, when it comes to converting someone to a client. The scientific evidence for how to do that is clear, and it was vividly illustrated at a large social gathering I recently attended.
Proponents of active management are reduced to making this argument to save their withering business model: Get the best of both worlds by using both index funds and carefully selected actively managed funds.
When an advisor bases fees on AUM and provides financial-planning advice, there’s a potential for conflict of interest. This conflict is self-evident.
Unfortunately, life insurance is one of the most confusing products available. Some throw up their hands and simply ignore the need.