In this article, I shed light on 10 common pitfalls and provide strategies to avoid them, ultimately helping you add more value to your client relationships.
This article explores how promoting individual strengths and skills, advocating for enhanced diversity and inclusion, fostering a collegial environment, encouraging diversification, and attracting a broader range of clients helps RIAs stand out in a competitive industry.
There’s no clearer way to say it. Leave these garbage phrases out of your marketing.
We seem to be in what I can only call an “AI lull.” The initial excitement about ChatGPT, which started in January, has receded. Google searches for ChatGPT peaked in April and are now down significantly, as is customer engagement with ChatGPT.
When future economic historians write of our times, the thrust will be that it was a time of transition.
Investment grade bonds from select emerging market sovereigns are solid defensive bets if the US slips into recession and China’s economy worsens, according to Vanguard Asset Services.
On August 25, Massachusetts’ highest court shocked the investment world by unanimously ruling against Robinhood and for the state’s fiduciary rule. Robinhood must change its ways to remain in business.
US equity investors are in for disappointment as economic growth is set to be weaker than expected this year, according to Morgan Stanley’s staunch bear, Michael Wilson.
For years now, stock traders have been getting so rich betting big companies will get even bigger that they’ve forgotten what a bubble looks like. They’re going to find out thanks to Nvidia Corp.
Federal Reserve Bank of Atlanta President Raphael Bostic said the US economy faces a period of some disruption as debts are refinanced at significantly higher interest rates, putting some pressure on both financial institutions and the government.
US hiring picked up in August and wage growth slowed, offering a mixed picture of both resilience and moderation in the labor market.
Top venture firms are betting that rapid advances in artificial intelligence and the public fascination with ChatGPT will help tech startups to transform healthcare after years of Silicon Valley struggling to move the needle in the industry.
Investors looking for extra yield are driving corporate bonds to some of their tightest valuations of the year, pushing money managers including Pacific Investment Management Co. toward mortgage debt that looks much cheaper.
UBS Group AG faced two big questions about its emergency rescue of Credit Suisse Group AG: How much profit would it make on the bargain deal? And would the distractions or taint of taking over the failing bank hurt its own business?
The hope for the US resale housing market a year ago was that inflation would peak, interest rates would fall, and lower mortgage rates would help unfreeze the buying and selling of existing homes. That hasn't happened.
In China’s current economic travails, US and other Group of Seven nations increasingly see evidence of deep-seated structural problems that ultimately will strengthen the West’s hand against a weakening geopolitical competitor.
Actively managed exchange-trade funds are set to launch in Tokyo next week, with one asset manager focusing its strategy on corporate Japan’s effort to elevate shareholder returns.
The US Securities and Exchange Commission delayed making a decision again on whether to approve the first US exchange-traded fund that invests directly in Bitcoin, disappointing advocates just days after a court ruling viewed by many as clearing a path for the long-awaited product.
Investors seeking higher yields and relatively low risk, and are willing to sacrifice liquidity, will find attractive opportunities in interval funds that invest in senior-secured, sponsored middle-market loans.
Fears of inflation arise, in part, from the fact that its sources seem mysterious and uncontrollable while it extracts immediate, adverse effects on essentially all people’s lives and household budgets.
Shares of Tesla Inc. are famously among the most-volatile in the market, but one exchange-traded fund issuer reckons it can time its bets on the electric-vehicle maker to amplify gains and cushion declines.
The US market for initial public offerings is finally reopening after the sleepiest stretch in 32 years. Grocery delivery business Instacart, data automation provider Klaviyo and semiconductor designer Arm Holdings Ltd. all filed to go public last week.
A global surge in demand and subsequent shortage of key industrial components has turned companies like Nvidia Corp., Taiwan Semiconductor Manufacturing Co. and ASML Holding NV into hugely influential names.
US household finances have reached a milestone by accumulating $1 trillion in credit card debt, which comes with an average interest rate of 20.6%.
The next time someone suggests that nonnormal returns are a problem with Monte Carlo, tell them that their concern is a nonissue.
President Joe Biden and his team insist that “Bidenomics” — a term they’ve embraced — is more than a mere bundle of policy initiatives.
The turmoil in the banking system earlier this year caused private-debt issuers to make concessions, including floating rates and improved covenants, which make this an attractive asset class.
A $15.4 billion wave of debt is set to sweep over leveraged finance markets in September as Wall Street banks rush to lure in yield-hungry investors.
The New York Times, Wall Street Journal, New York Magazine and The Economist have all piled on, questioning Solomon’s performance in his day job as chief executive officer of Goldman Sachs Group Inc.
News that a Washington DC Court of Appeals ruled in favor of Grayscale Investments LLC over the Securities and Exchange Commission has ignited hope that a Bitcoin exchange-traded fund will soon be available. Bitcoin prices jumped.
Even with elevated consumer prices and high borrowing costs, Americans continue to spend at a solid clip, complicating the Federal Reserve’s efforts to tame inflation.
Michael Lebowitz: Inflation, deficits and QT don’t mean higher yields
With electricians, plumbers and other professionals in high demand, many Americans fresh out of university are questioning whether their expensive education was worth it.
Here are the six things you can do to create stellar content and increase your odds of going viral.
Why is it so hard to gain the confidence with my existing clients that I have with prospects and raise their fees?
For organizations thinking about cutting back their technology investment because of recent volatility, here are a few considerations to give you pause.
Whereas my last article focused on what I call the “balanced believer,” this piece explores the “private investigator” mindset.
It’s time to focus on your happiness. Here are some tips, including some unconventional suggestions.
Advisors are conditioned to believe that the more “runway” they have with a prospect, the more time they’ll have to show them enough value to make their hiring decision. But is this true?
The journey to a potential Bitcoin ETF has so far been long and arduous. But some key decisions in the race are likely coming this week as crypto faithful await to see how things play out this time.
Dropping a 100-page financial plan in favor of a simplified one-page plan delivers massive value to clients and wins over prospects.
The world’s most powerful central bankers have vowed in unison to keep interest rates higher for longer if necessary to tame inflation.
If humanity survives for thousands more years, our primary energy source could very likely be nuclear fusion. It’s clean, the fuel is inexhaustible and cheap, and there’s no risk of a meltdown.
Federal Reserve Chair Jerome Powell briskly dispensed with the idea of raising the central bank’s inflation target in his speech at the Jackson Hole conference last week. But the idea isn’t going away.
AI is a tool to elevate and redefine job duties. Here are strategies for how AI can augment the work of fiduciary advisors while helping them stay relevant and competitive.
You hear a lot these days how unaffordable housing has become in the US. One way to think about affordability is to look at home prices relative to household incomes.
Let’s explore the transformative potential of AI and the opportunities and challenges it presents and make an informed decision about harnessing its power for your firm.
The resumption of US student-loan payments in the coming weeks will deal a significant and lasting blow to the housing market, according to a new survey of real estate professionals.
Recently, I came across an example of something worse than having no will…
So-called “finfluencers” are preying on naïve investors, promising unrealistic returns while generating excessive commissions for themselves. Their bait is an indexed-universal life (IUL) policy. Read this to avoid making a costly mistake.
