Weekend Studying For Monetary Planners (Feb 18-19)

Benefit from the present installment of “Weekend Studying For Monetary Planners” – this week’s version kicks off with the information that the SEC is proposing to increase the adviser custody rule past securities and funds to cowl all property in a shopper’s portfolio, together with personal securities, actual property, derivatives, and cryptoassets. Additional, an funding adviser who could make trades on behalf of a shopper could be deemed to have custody of the shopper’s property, which might substantively shift a really sizable portion of the wealth administration RIA group underneath the custody rule, although it stays to be seen whether or not or what precise custody rule compliance necessities could be launched for advisers who’ve custody via discretion however are nonetheless in any other case utilizing third-party certified custodians.

Additionally in business information this week:

  • A courtroom ruling this week vacated Division of Labor steering {that a} one-time rollover suggestion from an organization plan to an IRA would set off fiduciary responsibility necessities underneath ERISA
  • Vanguard’s CEO this week indicated the agency plans to speculate closely in direct indexing amid the rising use circumstances for the technique

From there, we have now a number of articles on apply administration:

  • The techniques probably the most profitable RIAs are utilizing to draw and retain expertise within the present tight labor market
  • The apply administration methods that may assist corporations enhance their long-term well being reasonably than simply short-term income
  • Current advisor surveys recommend that whereas AUM stays probably the most generally used advisor price construction, an rising variety of corporations are providing multiple price mannequin

We even have quite a lot of articles on retirement planning:

  • Survey knowledge signifies that retirees are prepared to be versatile with their spending, creating implications for retirement earnings planning
  • How advisors can add worth for shoppers by serving to them make higher Medicare selections
  • Why an advisor determined to purchase an listed common life insurance coverage coverage for himself

We wrap up with three closing articles, all about every day dwelling:

  • Why training gratitude may help one from overlooking among the key influences of a contented life
  • At a time when optimizing each minute of the day is in vogue, why specializing in simply having “one good day” is usually a extra profitable path
  • How advisors may help shoppers keep away from falling right into a “deferred life plan” and profit from their lives right this moment

Benefit from the ‘gentle’ studying!

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