Publications

Where Robo Advisers Fail at Financial Planning

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In an effort to provide low-cost, technology-infused financial solutions to the Millennial generation (loosely defined as those born between 1982 and 2004), dozens of new robo adviser platforms have come to market in recent years. These platforms, much like target-date funds, promote, well, a robotic approach to managing your money, along with automatic rebalancing via …

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One in Three Americans Have Nothing Saved for Retirement

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Nothing was more important to Winnie than her young children. The married mother of three took care of their needs but seldom took care of her own. As Winnie neared retirement, she divorced her spouse without a pension, 401-k or any significant savings.  Because of an illness, she was forced to retire early and take …

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The DOL’s New Fiduciary Rule

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On April 6, the Department of Labor finalized its long-awaited fiduciary rule for retirement plan investment advice. Under this rule, all financial advisors to retirement plans are required to act according to a “fiduciary” standard – in other words, they must give impartial investment advice that’s in their clients’ best interest. Prior to this rule, …

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House committee approves resolution to kill DOL fiduciary rule on party-line vote

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A House committee, on April 21st, approved along party lines a resolution that would kill the Labor Department’s recently finalized rule to raise investment advice standards for retirement accounts. The vote, 22-14, in the House Education and the Workforce Committee illustrates the steep hill Republican opponents must climb to scuttle the measure, as it now …

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Nearing Retirement? Time to Get Focused

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If you’re within 10 years of retirement, you’ve probably spent some time thinking about this major life change. The transition to retirement can seem a bit daunting, even overwhelming. If you find yourself wondering where to begin, the following points may help you focus. Reassess your living expenses A step you will probably take several …

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