Down equity markets plus low interest rates can make GRATs a tax saver for high-net-worth clients.
Political scientist Ian Bremmer says there are silver linings in the “depression” brought on by the COVID-19 pandemic. In fact, he said, the world needed this crisis to happen.
An economic recovery should start next year, but there will be trouble later in the decade, says the well-known economist Anatole Kaletsky. In the short term, investors should gird for disappointing equity returns.
David Rosenberg bluntly told attendees Monday at John Mauldin’s Virtual Strategic Investment Conference 2020 that the stock rallies in recent weeks ignore reality and don’t recognize that the United States is likely entering a depression, facing double-digit unemployment for at least three years, secular changes in consumer spending and saving, and deflation followed by stagflation.
COVID-19 makes 2020 a good year for clients to consider a Roth conversion, says leading financial advisor Elizabeth “Lizzie” Evans.
The coronavirus is targeting those most vulnerable – people with disabilities or chronic illnesses. Advisors need to understand the challenges they face.
Advisors around the country are helping small-business clients apply for federal stimulus loans to stay afloat as a result of the economic fallout from the coronavirus. But not many are applying for loans for their own firms – yet.
The coronavirus will accelerate the changes to the wealth management industry predicted by McKinsey & Co.
The industry luminary reflects on how financial advisors will be impacted by the coronavirus and why he joined Buckingham Wealth Partners.
A George Washington University professor says advisors should target clients based on how financially literate they are rather than on their level of assets.
Advisors should help clients over age 50 reduce debt, not just build savings.
Reverse mortgages seem like a great idea for hordes of baby boomers who don’t have enough income to maintain their lifestyles, or – worse – to buy basic necessities when they retire. Although some advisors and academics have demonstrated how reverse mortgages are good wealth management tools for certain clients, a new working paper from the World Bank examines why they haven’t worked to solve inadequate retirement savings and longevity risk.