Rod Stevula

561 Flips | 4 Magazines | 10 Likes | 1 Following | 45 Followers | @RodStevula | Keep up with Rod Stevula on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Rod Stevula”

A Robo-Advisor Winds Down

By<p>July 11, 2018 11:55 a.m. ET<p>The robo-advisor movement is going strong, but the nuts and bolts of competition are taking out the smaller players.<p>On …

hedgeable

Advisers “highly dissatisfied” with tech incumbents

<b>Financial advisers are demanding more from administration platforms, planning software and investment research vendors to help them deal with a</b> …

Financial Planning

People are significantly underestimating retirement costs

The cost of living in retirement is far more than most people believe according to a new global study.<p>The poll of 22,000 people in 30 countries …

Retirement

Wealth-management firms harness AI to increase efficiency

“The hybrid model — in addition to technology advancements in artificial intelligence (AI) and machine learning — forces firms to assess how a scaled …

Machine Learning

How you draw down your retirement savings could save you thousands — this program proves it

One of the key challenges retirees face when they shift from “wealth-accumulation mode” to “drawdown mode” is in the timing and optimization of …

Retirement

Do Young Adults with Student Debt Save Less for Retirement?

The <i>brief’s</i> key findings are:• Student debt nearly tripled in real terms from 2005 to 2017, creating a financial burden that could potentially hamper …

Teens

This bank is staffing branches with humanoid robots that dance, take selfies and push credit cards

Ground zero for the robot takeover of financial services is an HSBC branch in midtown Manhattan.<p>Here, crowds of camera phone-toting tourists cooed …

Robotics

ING Bank Survey Reveals Interest in Crypto Will Double in Near Future

ING Bank has published a survey on how cryptocurrencies are perceived across Europe, Australia and the USA, where interest in crypto is expected to …

Cryptocurrency

The reason why investing decisions shouldn’t be left to only one spouse in a partnership

Men tend to make riskier decisions than women. This phenomenon has been observed and documented in different contexts, including driving, health, and …

Retirement

Vanguard upends the world’s costliest market for mutual funds (BTW that’s Canada)

The Vanguard effect is coming for the Canadian mutual fund industry, which charges the highest fees in the world to manage equities.<p>Vanguard …

Investing

Canadians' Saving Habits Don’t Align with Their Goals, According to an Environics Research Poll for EQ Bank - Environics Research

The City of Calgary and Environics Research have been recognized by the Marketing Research and Intelligence Association (MRIA) with the 2018 Award …

Canada

Young wealthy women taking the reins on family financial planning, study finds

Young women with money are far more entrepreneurial and idealistic than their mothers’ generation, and they wield more control of the family estate …

Demographics

Women Invest Differently Than Men and Get Better Results

Women are on track to become richer in coming decades. How they invest it will move markets.<p>4 min read<p>Opinions expressed by <i>Entrepreneur</i> contributors are their own.<p>The stubborn refusal of the gender pay gap to close, or even narrow, is a constant source of frustration for anyone who cares about …

The state of retail wealth management in North America

Revenues, and the number of assets managed, hit record highs for North American financial advisors in 2017. A deeper look at the numbers, however, …

Consumers know about robo-advisors, but they aren't using them yet

<i>This story was delivered to Business Insider Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.</i><p>Digital wealth managers have been around for several years, and largely aim to bring financial advice to less wealthy individuals by implementing technology that …

Boomers cashing in on high-value homes to buy vacation properties

Retirees driving demand for recreational real estate – often to live in year-round, finds survey

Annuities gain appeal as interest rates rise

Moshe Milevsky drew heat from readers two years ago after he wrote an article in the Wall Street Journal about buying a US$5,000 annuity at age 42. It would yield payouts of about US$2,180 a year that would start rolling in when he turned 80 years old.<p>“The comments posted online were pretty …

Longevity Insurance Is Underused in Retirement Planning

More people are living into their late 80s, 90s and even past 100. But longevity isn’t so great if you run out of money.<p>To avoid that risk, you can …

What Women Want In A Financial Advisor

Shortly after we got married, my husband set up an appointment with his financial advisor for us to discuss the blending of our financial lives. It was an eye-opener. His advisor barely made eye contact with me after the initial introduction and addressed all his remarks to my husband. Bristling …

Retirement

A Fifth Of Canada's Working Baby Boomers Have Nothing Saved For Retirement, According To Survey

But working longer won't make much of a difference if they're paying off debt.<p>A shocking number of Canadians in the generation closest to retirement …

Wealthfront Wants to Make Investing Complicated Again

Wealthfront Inc., an online money manager, attracted a following in Silicon Valley and expanded its assets under management to $10 billion by …

Generation X is ‘stretched beyond their financial limits’ and struggling to save for retirement

Given that more than one in four millennials still live with their parents or spouse’s parents, it shouldn’t come as a great shock to learn that …

TransferWise eyes Canadian debit card launch

TORONTO — European financial technology company TransferWise is planning a Canadian launch next year for its borderless debit card, which allows …

BlackRock, world's biggest investing company, is planning to nickel-and-dime you

BlackRock, the world's largest asset manager, handling more than $6 trillion, is leaving no stone unturned in its effort to shore up the investing …

Investing

Canada slow to embrace green bond market, even though investors are eager to buy

When they’re offered, investors crawl over each other to buy them. But if Canadian issuers don’t see the opportunity in offering green bonds and …

Why fintech’s are missing out by ignoring older generations

It is little surprise that fintech usage is highest among millennials, with a global average adoption rate of 48 per cent among tech-savvy 25 to 34 …

Acorns launches retirement account product to expand beyond retail investing

Acorns, the mobile service that’s providing a gateway to investing in the stock market, has completed the master plan it set in motion months ago with the acquisition of Vault by finally launching a retirement account product today.<p>Called Acorns Later, the service is the first Acorns investment …

You Won't Believe How Retirees Use Their Nest Eggs

Find out the surprising thing people are doing with their savings.<p>Throughout your career, you'll hear countless financial experts telling you how …

Why a little bit of retirement planning knowledge can be a dangerous thing

A little bit of knowledge is a dangerous thing.That’s the point Bonnie-Jean MacDonald, senior research fellow at National Institute of Ageing at …

From blockchain to augmented reality, Canada’s big banks aim to patent the future of finance

Getting updates on your bank account in augmented reality. Credit scores built on blockchain. Payment requests that involve scanning would-be …