Weekend Studying For Monetary Planners (August 5-6)

Benefit from the present installment of “Weekend Studying For Monetary Planners” – this week’s version kicks off with the information that credit score scores company Fitch on Tuesday downgraded its evaluation of the U.S. authorities’s creditworthiness from an AAA ranking to AA+. Whereas the downgrade has made headlines and is perhaps startling to advisory shoppers (significantly these with important portfolio allocations to U.S. Treasury securities), some observers recommend that the components cited by Fitch for the downgrade (from the rising nationwide debt to the current debt ceiling standoff in Congress) don’t essentially portend a default, not less than within the close to time period.  

Additionally in trade information this week:

  • RIA M&A exercise fell within the second quarter in comparison with the identical interval final 12 months amid rising financing prices, although continued personal fairness curiosity within the RIA house might assist buoy deal quantity going ahead
  • Based on a current survey, RIAs seem like taking a defensive method towards the SEC’s new advertising rule, with many corporations altering their advertising supplies to be in compliance with its provisions and few corporations increasing their use of shopper testimonials and different alternatives supplied by the rule 

From there, now we have a number of articles on advisory agency hiring practices:

  • A current examine explores what new advisors are on the lookout for from their corporations and the way coaching and mentorship packages might play an essential position in boosting advisor retention charges
  • Why crafting an applicant-centric job posting and casting a large internet throughout hiring platforms may help corporations increase the variety of certified candidates they entice when trying so as to add expertise 
  • Ways corporations can use to draw a extra numerous pool of job candidates and the potential enterprise advantages of doing so 

We even have numerous articles on retirement planning:

  • Why frequent advisor considerations about Monte Carlo evaluation are extra concerning the software program instruments they use moderately than the approach itself
  • How advisors is perhaps underestimating the longevity of their shoppers, significantly those that are wholesome and have already reached retirement age
  • A analysis examine means that “psychological possession” and loss aversion might be driving many people to say Social Safety advantages early regardless of the potential monetary downsides of doing so

We wrap up with 3 remaining articles, all about office tradition:

  • How people are inclined to underestimate how a lot their colleagues, pals, and companions need their suggestions 
  • Why understanding and leveraging worker work fashion preferences can create more practical groups
  • How being intentional and versatile when designing workspaces can promote productiveness and wellbeing

Benefit from the ‘gentle’ studying!

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