We hope you enjoy Harold Evensky's latest NewsLetter.
Increased marital stress is highlighting the financial challenges divorce brings, especially to women.
I will break down the levels of a standard marketing funnel and provide specific steps that financial advisors can take to create their own.
Jerome Powell enters the final year of his term as Federal Reserve chair enjoying the support of labor unions with influence in Joe Biden’s White House, an advantage as the administration prepares to decide later this year whether to reappoint the central bank chief.
We can learn valuable lessons from T.J. Ducklo’s written apology.
Federal Reserve Chair Jerome Powell said the U.S. job market remains a long way from a full recovery and called on both lawmakers and the private sector to support workers.
Note: This commentary has been updated with the latest numbers from last Friday's Employment Report. Consider: Today nearly one in three of the 65-69 cohort and one in five of the 70-74 cohort are in the labor force.
Our Fixed Income CIO Sonal Desai shares her investment views and strategies for the post-pandemic recovery. She explains why inflation looks likely to gain steam, and how the balance of fundamentals and valuations become especially crucial today when looking for attractive returns in fixed income.
The customary Valentine’s Day activities ignore the real issues many relationships face.
Powerful demographic trends will cause higher inflation and interest rates, and a reduction in inequality as labor reclaims its bargaining power in the global economy.
While your chances of winning an argument on any given topic are slim, there’s one situation where it’s non-existent. That’s when you’re confronted with a high-conflict personality.
Malkiel and other detractors who claim ESG is a fad are missing a key element in their arguments, namely that companies are incorporating sustainability into their operations both in response to – and increasingly quite apart from – the ESG investing trend.
The purpose of the Constitutional gold standard was to establish a reference point against which the prices of credits and commodities were set by the open exchange of bank notes and other promises to pay money.
As inflows to sustainable equities break new records, here’s what investors should look for to identify portfolios that align with their responsible investing goals.
Those of you with kids and grandkids may at some point have stepped inside a GameStop. If so, you might be familiar with the video game retailer’s tagline: “Power to the players.”
It may seem shocking, but a simple trip to the local store to pick up fresh produce or clothing could enable human exploitation. For investors, those same connections can exist within their portfolios—and it takes more than a passive effort to root them out.
It has been my tradition to informally rate the investment-related books I read in the past year. I have also included some novels and books of general interest. Here is my list of winners and losers.
I’m going to help you get your financial advisory firm’s content strategy off the ground with a few basic steps.
Janet Yellen invoked an enduring era of low interest rates in delivering the Biden administration’s opening argument to lawmakers for its $1.9 trillion Covid-19 relief proposal.
Donald Trump departs Washington on Wednesday with Americans more politically divided and more likely to be out of work than when he arrived, while awaiting trial for his second impeachment -- an ignominious end to one of the most turbulent presidencies in American history.
Janet Yellen encountered early Republican resistance to President-elect Joe Biden’s $1.9 trillion Covid-19 relief plan in her confirmation hearing to become Treasury secretary Tuesday, as she sought backing for what she described as vital support for the economy.
This enormous stimulus plan will have numerous effects on the economy, including the likely loss of millions of jobs, which the media doesn’t report, so that’s what we’ll talk about today.
The speculative “V” is one of the most interesting and challenging features of the market cycle. For passive investors, it can be a period of exhilaration followed by panic.
The B corp certification, which started in 2006, recognizes for-profit companies that use business as a force for good.
President-elect Joe Biden’s $1.9 trillion Covid-19 relief plan is designed to both pump money into the economy and contain the coronavirus pandemic.
America’s population is growing at the slowest rate since World War II, threatening to undermine demand and investment in the economy, according to a new blog post from the St. Louis Federal Reserve.
Last week was shocking and extraordinarily sad; and as if Americans didn’t have enough with which to contend, it was capped off by a weaker-than-expected December jobs report.
The Senate outcome opens the door to future cooperation, while Brexit sets the stage for future frictions.
Doubling the size of an investment advisory firm is hard even without a pandemic. But Dave Welling, the chief executive officer of Mercer Advisors and this week’s guest on the Masters in Business podcast, did it.
In the coming decades, a Great Wealth Transfer will be upon us. Gen Xers and Millennials are expected to inherit trillions of dollars. Some estimates say as much as $68 trillion will be passed down from Baby Boomers.
Critics say it lacks both ambition and teeth.
Citigroup Inc. promoted 70 women in its latest class of managing directors, the most ever but still less than a third of the total.
From global responses to local lockdowns, we all witnessed dramatic changes in 2020.
Real estate is no exception to COVID-19’s disruptions, accelerating trends, and shifting how we live, consume, and work.
In the past, I’ve written about how to brand and market your firm. Today, I’m taking a different tack. How do you brand … yourself?
For decades, the attitude of unions and their advocates to increased automation could be summed up in one word: no. They feared that every time a machine was slipped into the workflow, a laborer lost a job.
As devastating financially as a frivolous lawsuit may be to one’s wealth, it’s nowhere near what I consider the number-one destroyer of financial wealth – divorce.
As we complete another round of annual election period craziness in Medicare, it’s time to pause, reflect and figure out what in the heck to help you all with next year!
Brexit negotiations had another unproductive week. Parcel shipping volumes are breaking records. And when and why might the Fed alter its asset purchases?
Whether you’re looking to dust off your CRM software and learn to better use its features, or you’re looking to make a CRM investment for the first time, here’s what you need to know.
For all the risks of a year-end cooling-off period, emerging-market backers can’t complain about the lie of the land right now.
Over the last six months, my firm has skewed its portfolio towards defense companies. We have done this intentionally. The world is less safe today than at any time since the Berlin Wall came down.
George Serafeim wants to revolutionize the way businesses calculate their success.
The institutional investor’s role in the effort to combat climate change is misplaced.
Unfortunately, very few professionals are well versed in this highly specialized area of planning. The results of an improperly designed plan can be devastating for beneficiary children with disabilities.
Harvey Weinstein has tested negative for Covid-19 but his representatives say he’s in “critical” condition.
Here are four habits to incorporate into your daily routine that will trigger referral activity.
The profession has a diversity and inclusion problem. Look at the speakers pictured on the advertisements for financial planning conferences, and you see white men in business suits with occasional white women.
Want your content to start working harder? Here are three steps to take immediately.
Temporary extra fencing has been erected around the White House, plywood affixed to storefronts in Manhattan and the National Guard put on notice in Portland, Oregon, as U.S. cities braced for possible unrest on election day.
Enjoy Harold Evensky's latest Newsletter.
When clients come to me, 90% of the time they want to be told what to do. They have the will and energy to run at goals but have no idea where to start or how to best get there.
With the economy slowing in September, the battle for a quick rebound may be far from over.
The coronavirus has compressed years of changes into months. It may be the straw that broke an aging, overconfident camel’s back.
As Prime Minister Suga begins his administration, the message is one of continuity, but Abenomics may need a reboot after COVID-19. We examine what Suganomics may mean for Japan.
The Asia Pacific region is likely to see economic output remain below pre-pandemic trends over the medium term, even as China’s recovery leads the rest of the world, according to the International Monetary Fund.
Gender-lens investing is one of the fastest-growing subsets of sustainable or impact investing—and should be of particular interest to you and your clients as you guide them toward their investment goals. Traditionally, gender-lens investing focused on investing in companies with a higher representation of women on their boards or in senior positions. Stopping at representation, however, may not be enough to achieve gender diversity and equality. Here to discuss the full scope of gender-lens investing is Anuradha (“Anu”) Gaggar.
The Dalio Center for Health Justice, a research and advocacy organization, will focus on reducing differences in access to quality health care that overwhelmingly affect communities of color.
In this episode, Clara tells us how she helped blaze the trail for social media’s marriage to financial services—and why she decided to take a break. Plus, advice for other women in the financial services industry on setting goals and defining success.
Companies with a higher presence of female executives have historically rewarded their equity investors with better performance, the firm says.
Gun sales in the US have gone through the roof in 2020, especially since the widespread protests turned violent last spring in many large cities across the US. Over three million more guns have been sold since March than occurred in the same period a year ago.
In his latest memo, Howard Marks walks readers through the unusual characteristics of this year’s economy; the impact of Covid-related monetary and fiscal policy actions, including low interest rates, on today’s markets; and the possible ramifications of the Fed/Treasury’s rescue efforts. What does it all mean for investors who face an environment marked by some of the lowest prospective returns in history?
Record flows to ESG funds means that advisors will have access to better tools to analyze product effectiveness and will be able to construct customized solutions for their clients.
In this episode, George Nichols III, President and CEO of The American College, reflects on a life and career full of firsts, looks forward to a future with more women in the wealth management industry, and gets candid on what the industry can do to address racial inequality in America.
As long-time readers know, I tend to be upbeat about the economy and the stock and bond markets, and that has certainly proven to be the correct position to hold over the last 20-30 years.
Wilmington Trust, the wealth-management arm of M&T Bank Corp., is extending its hiring spree and considering acquisitions of RIAs.
If we do not know how to bounce back from failure or hardship, then we may never achieve the success we seek.
Many of my clients have found success by focusing to serve a particular market or offer specialized services. Here’s why this works.
She is taking a number of steps to position herself more defensively.
Sports betting and financial markets have a lot in common. The wisdom of the crowd is setting prices and the markets are highly efficient, making it difficult to outperform.
U.S. Healthcare Reform Proposals, Childcare Needed to Support Workers, Past U.S. Debt Recovery Won’t Repeat.
They are considering leaving the workforce or scaling back on their career aspirations because of the extra demands created by the Covid-19 pandemic.
Its analysts include a former cancer researcher, artificial intelligence expert, gaming engineer -- even sailboat captain.
It would be correct to say that a number of us have had a little more “alone” time on our hands over the last 6 months and it is also correct to note that the online world provides many chances to waste said time. Which brings me to Mr. T of A-Team fame, who for completely nostalgic and personal family reasons, comes to the fore at particular times with his “I Pity the Fool” meme.
Ruth Bader Ginsburg devoted much of her career to advancing women’s rights. Despite her heroic efforts to bridge the gender gap, much work remains to be done.
Brexit takes an uncertain turn, while the Fed seeks loan borrowers and parents welcome adult children back home.
The COVID-19 pandemic has been devastating for Brazil, but heavy government spending and monetary policy easing have helped bring some stability to the economy.
U.S. workers who are being shepherded back to the office would rather continue doing their jobs from home, at least a few days a week.
Your social network may be an untapped and robust source for uncovering prospects. While you may be suffering from COVID-19 fatigue, we believe prospecting and having introductory conversations about the services you provide could be one of the best uses of your time.
Knowing your client lifetime value is essential, and it can guide the decisions you make in the course of your career.
Here are five biases that may be lurking in your subconscious and influencing the way you assess men and women.
Market crashes, such as we experienced in March at the onset of the pandemic, drive assets to the safe haven of government bonds. But our research shows this flight to safety mindset did not translate to an increase in demand for annuities.
We hear numerous market strategists talk about stocks which are going up because “there is no alternative” to owning them. In the Wall Street vernacular, this goes by the phrase TINA.
Columbia University hired Kim Lew as chief executive of its $11 billion endowment, joining a small group of women to oversee investments at the wealthiest U.S. colleges.
Supply is getting tight. Helium is notoriously difficult and expensive to store, for the very good reason that it escapes every known container over time.
It’s a stunning reversal: Just four years ago, taking a knee effectively ended the career of NFL quarterback Colin Kaepernick.
Although many millennial women’s needs will overlap with their more established counterparts, younger female clients face unique challenges and opportunities. Our complimentary checklist shows how you can guide these clients to become more knowledgeable, empowered, and confident about their financial outlook. Learn more about why millennial women are an emerging clientele, ways advisors can serve them better, and the right questions to ask to encourage independence.
A leading psychologist explains why more women aren’t in leadership roles in financial services.
Assessing a company’s ESG behavior is a qualitative, subjective undertaking. New studies show that the major firms that issue ESG “ratings” use sufficiently different criteria, which results in unreliable research findings when their databases are used.
Women face a disproportionate risk of losing their jobs as a result of the pandemic.
Divorce
NewsLetter - February 2021
We hope you enjoy Harold Evensky's latest NewsLetter.
The Pandemic Has Exposed the Gap in Women’s Financial Needs
Increased marital stress is highlighting the financial challenges divorce brings, especially to women.
A Financial Advisor's Guide to Creating a Marketing Funnel
I will break down the levels of a standard marketing funnel and provide specific steps that financial advisors can take to create their own.
Powell’s Approach to Recovery, Inflation Will Test Union Loyalty
Jerome Powell enters the final year of his term as Federal Reserve chair enjoying the support of labor unions with influence in Joe Biden’s White House, an advantage as the administration prepares to decide later this year whether to reappoint the central bank chief.
Lessons from a Shocking Apology
We can learn valuable lessons from T.J. Ducklo’s written apology.
Powell Urges ‘Society-Wide’ Push to Deliver Full Employment
Federal Reserve Chair Jerome Powell said the U.S. job market remains a long way from a full recovery and called on both lawmakers and the private sector to support workers.
Demographic Trends for the 50-and-Older Work Force
Note: This commentary has been updated with the latest numbers from last Friday's Employment Report. Consider: Today nearly one in three of the 65-69 cohort and one in five of the 70-74 cohort are in the labor force.
Investment Strategies for a Booster-Shot Recovery
Our Fixed Income CIO Sonal Desai shares her investment views and strategies for the post-pandemic recovery. She explains why inflation looks likely to gain steam, and how the balance of fundamentals and valuations become especially crucial today when looking for attractive returns in fixed income.
Make Valentine’s Day Count
The customary Valentine’s Day activities ignore the real issues many relationships face.
Will Demographic Trends Drive Higher Inflation and Interest Rates?
Powerful demographic trends will cause higher inflation and interest rates, and a reduction in inequality as labor reclaims its bargaining power in the global economy.
How to Spot a High-Conflict Person
While your chances of winning an argument on any given topic are slim, there’s one situation where it’s non-existent. That’s when you’re confronted with a high-conflict personality.
Burton Malkiel’s Misguided View of ESG Investing
Malkiel and other detractors who claim ESG is a fad are missing a key element in their arguments, namely that companies are incorporating sustainability into their operations both in response to – and increasingly quite apart from – the ESG investing trend.
Small Change and The Depression of 1837-1843 - Part Three
The purpose of the Constitutional gold standard was to establish a reference point against which the prices of credits and commodities were set by the open exchange of bank notes and other promises to pay money.
How to Choose a Sustainable Equity Portfolio
As inflows to sustainable equities break new records, here’s what investors should look for to identify portfolios that align with their responsible investing goals.
Power to the Players: Reddit, Robinhood and Bitcoin
Those of you with kids and grandkids may at some point have stepped inside a GameStop. If so, you might be familiar with the video game retailer’s tagline: “Power to the players.”
How Shopping—and Investing—Might Be Enabling Modern Slavery
It may seem shocking, but a simple trip to the local store to pick up fresh produce or clothing could enable human exploitation. For investors, those same connections can exist within their portfolios—and it takes more than a passive effort to root them out.
The Best and Worst Investment (and other) Books of 2020
It has been my tradition to informally rate the investment-related books I read in the past year. I have also included some novels and books of general interest. Here is my list of winners and losers.
How to Develop a Content Strategy
I’m going to help you get your financial advisory firm’s content strategy off the ground with a few basic steps.
Yellen Opens Debate on Giant Spending, Saying the ‘World Has Changed’
Janet Yellen invoked an enduring era of low interest rates in delivering the Biden administration’s opening argument to lawmakers for its $1.9 trillion Covid-19 relief proposal.
Trump Leaves Town an Outcast, Trailed by Pandemic, Job Losses
Donald Trump departs Washington on Wednesday with Americans more politically divided and more likely to be out of work than when he arrived, while awaiting trial for his second impeachment -- an ignominious end to one of the most turbulent presidencies in American history.
Yellen Runs Into GOP Resistance to ‘Act Big’ Call for Stimulus
Janet Yellen encountered early Republican resistance to President-elect Joe Biden’s $1.9 trillion Covid-19 relief plan in her confirmation hearing to become Treasury secretary Tuesday, as she sought backing for what she described as vital support for the economy.
Biden’s $2 Trillion Stimulus Plan – Implications For The Economy
This enormous stimulus plan will have numerous effects on the economy, including the likely loss of millions of jobs, which the media doesn’t report, so that’s what we’ll talk about today.
The Speculative “V”
The speculative “V” is one of the most interesting and challenging features of the market cycle. For passive investors, it can be a period of exhilaration followed by panic.
Why the B Corp Certification Matters
The B corp certification, which started in 2006, recognizes for-profit companies that use business as a force for good.
Here Are the Major Parts of $1.9 Trillion Biden Relief Plan
President-elect Joe Biden’s $1.9 trillion Covid-19 relief plan is designed to both pump money into the economy and contain the coronavirus pandemic.
U.S. Population Is Growing at Slowest Pace Since World War II
America’s population is growing at the slowest rate since World War II, threatening to undermine demand and investment in the economy, according to a new blog post from the St. Louis Federal Reserve.
Scar Tissue: Weak Jobs Report Emphasizes COVID’s Scars
Last week was shocking and extraordinarily sad; and as if Americans didn’t have enough with which to contend, it was capped off by a weaker-than-expected December jobs report.
Economic Commentary: Senate, Stimulus, and Brexit
The Senate outcome opens the door to future cooperation, while Brexit sets the stage for future frictions.
How to Double the Size of an Investment Firm in a Pandemic
Doubling the size of an investment advisory firm is hard even without a pandemic. But Dave Welling, the chief executive officer of Mercer Advisors and this week’s guest on the Masters in Business podcast, did it.
Parents Shouldn’t Wait to Pass Down Their Wealth: Erin Lowry
In the coming decades, a Great Wealth Transfer will be upon us. Gen Xers and Millennials are expected to inherit trillions of dollars. Some estimates say as much as $68 trillion will be passed down from Baby Boomers.
It’s Easier for a Woman to Become Chancellor Than CEO in Germany
Critics say it lacks both ambition and teeth.
Citi’s Record Promotions for Women Still Just 29% of Total
Citigroup Inc. promoted 70 women in its latest class of managing directors, the most ever but still less than a third of the total.
Looking Back at 2020
From global responses to local lockdowns, we all witnessed dramatic changes in 2020.
Real Estate Disruptions Accelerate Active Opportunities
Real estate is no exception to COVID-19’s disruptions, accelerating trends, and shifting how we live, consume, and work.
What You Can Learn from Three Exceptional Personal Brands
In the past, I’ve written about how to brand and market your firm. Today, I’m taking a different tack. How do you brand … yourself?
Robots Once Seen as Job Killers Now Protect Workers From Covid
For decades, the attitude of unions and their advocates to increased automation could be summed up in one word: no. They feared that every time a machine was slipped into the workflow, a laborer lost a job.
The High Financial Cost of Gray Divorce
As devastating financially as a frivolous lawsuit may be to one’s wealth, it’s nowhere near what I consider the number-one destroyer of financial wealth – divorce.
Costly Medicare Missteps to Avoid in 2021
As we complete another round of annual election period craziness in Medicare, it’s time to pause, reflect and figure out what in the heck to help you all with next year!
Slow Brexit, Overloaded Shippers, Growing Fed Balance Sheet
Brexit negotiations had another unproductive week. Parcel shipping volumes are breaking records. And when and why might the Fed alter its asset purchases?
Are You Using Your CRM to Its Fullest Potential?
Whether you’re looking to dust off your CRM software and learn to better use its features, or you’re looking to make a CRM investment for the first time, here’s what you need to know.
Emerging-Markets’ Prospects Bright, Even If Risks Never Far Away
For all the risks of a year-end cooling-off period, emerging-market backers can’t complain about the lie of the land right now.
The Case for a Defensive Allocation
Over the last six months, my firm has skewed its portfolio towards defense companies. We have done this intentionally. The world is less safe today than at any time since the Berlin Wall came down.
How Wrong Was Milton Friedman? Harvard Team Quantifies the Ways
George Serafeim wants to revolutionize the way businesses calculate their success.
The Misguided Role of Institutional Investors in Climate Change
The institutional investor’s role in the effort to combat climate change is misplaced.
Selecting Professionals for Special Needs Planning
Unfortunately, very few professionals are well versed in this highly specialized area of planning. The results of an improperly designed plan can be devastating for beneficiary children with disabilities.
Harvey Weinstein Is Covid-Free But Advisers Say His Health Declines
Harvey Weinstein has tested negative for Covid-19 but his representatives say he’s in “critical” condition.
Four Habits to Get More Referrals
Here are four habits to incorporate into your daily routine that will trigger referral activity.
Toward a Truly Diverse Profession
The profession has a diversity and inclusion problem. Look at the speakers pictured on the advertisements for financial planning conferences, and you see white men in business suits with occasional white women.
Three Examples of Great Advisor Content Marketing
Want your content to start working harder? Here are three steps to take immediately.
NYC, Washington Storefronts Boarded Up Ahead of Possible Unrest
Temporary extra fencing has been erected around the White House, plywood affixed to storefronts in Manhattan and the National Guard put on notice in Portland, Oregon, as U.S. cities braced for possible unrest on election day.
NewsLetter October 2020
Enjoy Harold Evensky's latest Newsletter.
The Three Areas to Get Clear on Your Best Path to Growth
When clients come to me, 90% of the time they want to be told what to do. They have the will and energy to run at goals but have no idea where to start or how to best get there.
Ready to Declare a V-Shaped Recovery?
With the economy slowing in September, the battle for a quick rebound may be far from over.
Beloved Country. Unloved Hedge. Why I Own Gold
The coronavirus has compressed years of changes into months. It may be the straw that broke an aging, overconfident camel’s back.
Japan After Abe: Continuity and Change
As Prime Minister Suga begins his administration, the message is one of continuity, but Abenomics may need a reboot after COVID-19. We examine what Suganomics may mean for Japan.
IMF Says Asia Faces Long Recovery Slog Even as China Grows
The Asia Pacific region is likely to see economic output remain below pre-pandemic trends over the medium term, even as China’s recovery leads the rest of the world, according to the International Monetary Fund.
Minisode: Understanding Gender-Lens Investing
Gender-lens investing is one of the fastest-growing subsets of sustainable or impact investing—and should be of particular interest to you and your clients as you guide them toward their investment goals. Traditionally, gender-lens investing focused on investing in companies with a higher representation of women on their boards or in senior positions. Stopping at representation, however, may not be enough to achieve gender diversity and equality. Here to discuss the full scope of gender-lens investing is Anuradha (“Anu”) Gaggar.
Ray Dalio Donates $50 Million to Fight Health-Care Injustice
The Dalio Center for Health Justice, a research and advocacy organization, will focus on reducing differences in access to quality health care that overwhelmingly affect communities of color.
The Social Media Guru Reflects on Her Career, the Hearsay-Salesforce Deal and Achieving Balance
In this episode, Clara tells us how she helped blaze the trail for social media’s marriage to financial services—and why she decided to take a break. Plus, advice for other women in the financial services industry on setting goals and defining success.
Goldman Sachs’s ‘Womenomics’ Stocks Outperform
Companies with a higher presence of female executives have historically rewarded their equity investors with better performance, the firm says.
Gun Sales Break Records In 2020... But Why?
Gun sales in the US have gone through the roof in 2020, especially since the widespread protests turned violent last spring in many large cities across the US. Over three million more guns have been sold since March than occurred in the same period a year ago.
Coming into Focus
In his latest memo, Howard Marks walks readers through the unusual characteristics of this year’s economy; the impact of Covid-related monetary and fiscal policy actions, including low interest rates, on today’s markets; and the possible ramifications of the Fed/Treasury’s rescue efforts. What does it all mean for investors who face an environment marked by some of the lowest prospective returns in history?
What the Growth of ESG Investing Means for Advisors
Record flows to ESG funds means that advisors will have access to better tools to analyze product effectiveness and will be able to construct customized solutions for their clients.
A Man with a Plan to Address Inequality
In this episode, George Nichols III, President and CEO of The American College, reflects on a life and career full of firsts, looks forward to a future with more women in the wealth management industry, and gets candid on what the industry can do to address racial inequality in America.
Two Huge Long-term Headwinds For US Economy
As long-time readers know, I tend to be upbeat about the economy and the stock and bond markets, and that has certainly proven to be the correct position to hold over the last 20-30 years.
Wilmington Trust Seeks Wealthy Clients Through Hires, Acquisitions
Wilmington Trust, the wealth-management arm of M&T Bank Corp., is extending its hiring spree and considering acquisitions of RIAs.
Thrive with Resilience
If we do not know how to bounce back from failure or hardship, then we may never achieve the success we seek.
Why Financial Advisors Should Offer Niche Services
Many of my clients have found success by focusing to serve a particular market or offer specialized services. Here’s why this works.
Rockefeller Endowment Chief Beats Harvard, Yale; Sees Turmoil Ahead
She is taking a number of steps to position herself more defensively.
Are Sports Betting Markets Efficient?
Sports betting and financial markets have a lot in common. The wisdom of the crowd is setting prices and the markets are highly efficient, making it difficult to outperform.
U.S. Healthcare, Child Care, Recovery from Debt
U.S. Healthcare Reform Proposals, Childcare Needed to Support Workers, Past U.S. Debt Recovery Won’t Repeat.
A Quarter of Women Are Considering Scaling Back Careers: McKinsey
They are considering leaving the workforce or scaling back on their career aspirations because of the extra demands created by the Covid-19 pandemic.
Secret Sauce Behind Ark’s Success Is Cathie Wood’s Diverse Team
Its analysts include a former cancer researcher, artificial intelligence expert, gaming engineer -- even sailboat captain.
Mr. T and Today’s Investment World
It would be correct to say that a number of us have had a little more “alone” time on our hands over the last 6 months and it is also correct to note that the online world provides many chances to waste said time. Which brings me to Mr. T of A-Team fame, who for completely nostalgic and personal family reasons, comes to the fore at particular times with his “I Pity the Fool” meme.
Both Genders Exhibit Bias Against Women
Ruth Bader Ginsburg devoted much of her career to advancing women’s rights. Despite her heroic efforts to bridge the gender gap, much work remains to be done.
Brexit, Fed’s Lending Programs, Young Adults Come Home
Brexit takes an uncertain turn, while the Fed seeks loan borrowers and parents welcome adult children back home.
Local Investors Discover Brazilian Stocks
The COVID-19 pandemic has been devastating for Brazil, but heavy government spending and monetary policy easing have helped bring some stability to the economy.
When to Stop Working From Home? How About Never, Workers Say
U.S. workers who are being shepherded back to the office would rather continue doing their jobs from home, at least a few days a week.
How to Prospect Your Network (Without Being Salesy)
Your social network may be an untapped and robust source for uncovering prospects. While you may be suffering from COVID-19 fatigue, we believe prospecting and having introductory conversations about the services you provide could be one of the best uses of your time.
Client Lifetime Value: It's Not Just about the Revenue
Knowing your client lifetime value is essential, and it can guide the decisions you make in the course of your career.
Five Hidden Gender Biases
Here are five biases that may be lurking in your subconscious and influencing the way you assess men and women.
Why Annuity Demand Fell During the COVID Crash
Market crashes, such as we experienced in March at the onset of the pandemic, drive assets to the safe haven of government bonds. But our research shows this flight to safety mindset did not translate to an increase in demand for annuities.
There Is No Alternative (TINA)
We hear numerous market strategists talk about stocks which are going up because “there is no alternative” to owning them. In the Wall Street vernacular, this goes by the phrase TINA.
Columbia Hires Kim Lew to Run Its $11 Billion Endowment
Columbia University hired Kim Lew as chief executive of its $11 billion endowment, joining a small group of women to oversee investments at the wealthiest U.S. colleges.
Helium Is Soaring on Red-Hot Demand, Shrinking Supply
Supply is getting tight. Helium is notoriously difficult and expensive to store, for the very good reason that it escapes every known container over time.
Taking a Knee, Once Career Poison, Now Seen as Good for Business
It’s a stunning reversal: Just four years ago, taking a knee effectively ended the career of NFL quarterback Colin Kaepernick.
Financial Planning for Millennial Women: A Checklist for Financial Advisors
Although many millennial women’s needs will overlap with their more established counterparts, younger female clients face unique challenges and opportunities. Our complimentary checklist shows how you can guide these clients to become more knowledgeable, empowered, and confident about their financial outlook. Learn more about why millennial women are an emerging clientele, ways advisors can serve them better, and the right questions to ask to encourage independence.
Why Are So Few Women in Leadership Roles?
A leading psychologist explains why more women aren’t in leadership roles in financial services.
Is ESG Research Unreliable?
Assessing a company’s ESG behavior is a qualitative, subjective undertaking. New studies show that the major firms that issue ESG “ratings” use sufficiently different criteria, which results in unreliable research findings when their databases are used.
Some of The World’s Biggest Pension Systems Are Failing Women
Women face a disproportionate risk of losing their jobs as a result of the pandemic.