Financial Planning

5 money goals to check off by 30

Our 20s are a pretty transformative decade. We’ll likely secure our first “real” job, start living on our own and experience a few serious relationships.<p>Adulting full time, for the first time, also means getting our finances in order.<p>Of course, we don’t need to have everything figured out by 30 …

Money

Most Americans are driving blind when it comes to financial decisions

<b>People often argue that financial knowledge can be acquired with experience. But if the evidence from a new survey index is any indication, that way of learning may, in fact, be very slow or not work well at all.</b><p>The TIAA Institute-GFLEC Personal Finance Index, or P-Fin Index for short, provides a …

Money

This New Rule Will Help Protect Your Finances

The new fiduciary rule could save investors billions of dollars each year. Here's how it works.<p>Countless Americans rely on outside professionals to …

Retirement

Will Robo-Advisors Disrupt Conventional Wealth Management? The State Of The Robo-Advisory Landscape

Robo-advisors are upending the wealth management industry. Digital wealth managers are launching new platforms, merging, and creating hybrid …

Robo-advisors

6 Ways Advisors Should Utilize a Facebook Business Page

Facebook is a great way to connect with current and prospective clients. But it's also a useful platform for promoting your brand. But what's the …

Facebook

Reached your savings goals? Here’s what to do next

You created an emergency fund, and built it up so it covers three months of living expenses. You paid off your high-interest debt. You funnel 15% of your income to retirement.<p>That’s good work. But, um — now what?<p>Push yourself beyond basic savings goals by taking on these steps.<p><b>Check your budget</b><p>If …

Personal Finance

Do You Have a Retirement Timeline?

You’ve been saving for years and you can see retirement down the road. What is your timeline? How does all this fit together?<p>Beyond the numbers, we …

Retirement

What does a 'Chief Economist' do?

Insights<p>Last month, online giant Amazon inked a deal with alternative energy company Plug Power.<p>Insights<p>A sneak peek into the history of one of the …

Money

Will Amazon's Alexa May Become Your Next Financial Adviser? (AMZN)

Amazon.com Inc.’s (AMZN) smart assistant Alexa can be used to order pizza, check on weather forecasts, make video calls, and as an automated voice …

Amazon

3 Things Your Financial Advisor May Not Be Telling You

According to data from the Bureau of Labor Statistics, there are over 200,000 financial advisors in the U.S. When you’re looking at such a large group of people, there’s going to be a significant amount of variance. Some advisors may have a portfolio management background. Others may be CPAs, JDs …

Money

Seven Costly Financial Slip-Ups To Avoid In Your 30s

Although you’ve survived the tumultuous life of a twenty-something, and your life has likely become more stable, as a 30-year-old, you can face a peculiar set of financial problems.<p>Statistically, people often have children and buy their first homes during this time period, so your thirties and …

Money

Nine ways for college grads to start life on the right financial foot

Some 1.8 million students will graduate with a bachelor’s level degree in the U.S. in 2017.<p>And most, if not all, will have to start – as Millennials are fond of saying – adulating. They will have to earn money, and pay back student loans, and pay bills, and save for a rainy day, a car, a home and …

Money

Opinion: Forget the fiduciary standard — financial advisers need a code of ethics

Michael Edesess Getty ImagesDoctors take an oath to do no harm to your health, but financial advisers don’t have to take a similar one to do no harm to your portfolio.The U.S. Department of Labor’s proposed Fiduciary Rule, which would require advisers to act in their customers’ best interests, will …

Business

What Does It Take To Find Alpha These Days? Financial Advisors' Daily Digest

The CFA curriculum is changing. What does that imply about today’s quest for alpha?<p>ColoradoWealthManagementFund: What do you do when Social Security …

Business

Evolving into a Whole Family Advisor

An estimated $30 trillion of wealth will be transferred to heirs over the next 30-40 years,1 a fact that is creating a tectonic shift in the …

Wealth

How to Stress Test Your Financial Plan

As any engineer can tell you, sensitivity and stress testing are important tools in determining how a system can fail and therefore, determining the …

Retirement Planning

What Should You Do With An Extra $1,000 (Besides Spend It)

Coming into a little extra money, whether through a tax refund (short-term) or a raise (longer-term), feels amazing. The flexibility that comes from having an expanded cash flow can be wildly liberating. To make that feeling last beyond the initial euphoria, look for bigger opportunities to use the …

Retirement

Seven Questions To Ask Your Financial Adviser

There is an increasing push towards more regulation in the financial adviser space, and rightfully so! Far too often Canadians look to ‘the experts’ …

Money

Financial Trends to Watch in 2017

Planning personal financial strategies based on trends.<p>America has had a tumultuous few years when it comes to financial markets, and 2017 has been off to an exciting and unpredictable start. As a result, many people are wondering what kinds of trends they should be tracking to plan ahead and make …

Money

Alexa’s New Avatar: Financial Adviser

Some UBS Group AG clients can pose any economic question to a machine: “Alexa, how would a Fed rate increase impact the U.S. economy?”<p>A partnership with Amazon.com Inc. allows select UBS wealth-management clients in Europe to ask the virtual-assistant financial and economic questions. In response, …

Finance

Is dollar-cost averaging a smart way for millennials to invest?

Once a week, like clockwork, Halifax couple Jeremy VanSlyke and his wife Carrie have 15 per cent of their income deposited into their investment accounts.<p>The actual figure varies from month to month, depending on how much income the 28-year-olds earn in their freelance music careers (he’s a …

Retirement

Investment Algorithms: 3 Things Your Financial Advisor Doesn't Know [Article+Podcast]

How investment algorithms rule today's markets.<p>The impact of algorithms on individual investors.<p>The effects of central bank intervention.<p>There's not …

Business

How do your bank's investing and financial advice services stack up?

Britain's biggest banks axed or scaled back investment services following a clean-up of the financial industry that banned cosy backdoor commission …

Banking

Intuit And AutoZone Buy/Sell Signals Before Earnings

Our overall buy signal - Intuit.<p>Our technical buy signal - Intuit.<p>Our overall sell signal - AutoZone.<p>Our technical sell signal - AutoZone.<p>AutoZone …

Stocks

An Innovative Approach to Investing in Developing Markets

As wealth grows across the globe, emerging markets have provided new opportunities for investors. This is particularly the case as the population …

Innovation

Why Those Impressive Financial Credentials Aren't Always So Impressive

Financial advisers often come with a string of letters after their names, but while some should give you confidence in their training, others could …

Money

A New Reader Service: Ask the Sketch Guy Anything

I want to try something I’m calling “Ask the Sketch Guy.”<p>Everywhere I go, when people find out what I do for work, they have questions. Some questions are about the stock market, or people want to know where I think interest rates are going. Those questions aren’t so interesting. You can listen to …

Money

A 20-something who's banked $170,000 shares the simple strategy that helps him save 65% of his income

Two years ago, a 25-year-old financial analyst, who goes by the pen name Sean, hit $100,000 in savings.<p>That's when he started his blog, the Money Wizard, to track the progress of his goal of retiring at age 37. Two years later and Sean lives in Minneapolis earning a salary of $80,000. His current …

401(k)

Money Milestones: This is how your finances should look in your 40s

Danny Kofke, a 41-year-old middle-school teacher outside of Atlanta, often looks at a picture of a family trip to Disney World from a few years ago -- to him, it exemplifies what he’s working toward in his retirement: more trips and long-lasting happy memories.<p>He and his wife, Tracy, a former …

Retirement

5 Ways to Build A Better Tax Plan for 2017

Taxes may be inevitable, but they're also something you have some power over. Here are five strategies to manage your tax burden going forward.

Retirement