
What Do You Need To Know Before Retiring Early?
Early retirement sounds great, but have your clients and prospects thought it through completely? This article covers some things they should think about.
Early retirement sounds great, but have your clients and prospects thought it through completely? This article covers some things they should think about.
A fallacy that has been spread by the financial services industry for many decades is the idea that collecting a 1% AUM (Assets Under Management) fee provides incentive to achieve high performance (aka “If I win, you win” or “If I lose, you lose”). This concept allows advisors to charge a fee that, once over a certain AUM threshold, can be rather egregious and continue to provide enormous profit margins.
With a bit of time to prepare, you can enter the second half of the year feeling financially confident and on track to meet your goals.
The debt ceiling has been raised nearly 80 times in the last 60 years. The political drama regarding the raising of the debt limit escalated in 2011 and 2013. In both cases, Congress eventually raised the debt ceiling limit.
This blog will talk about some of the worst celebrity investments, from risky real estate to shady art deals.
"Solvency was the primary issue during the GFC (global financial crisis), while it's more about liquidity today. Today's largest banks are well-capitalized and are already benefiting from deposit flight from the weaker banks. In addition, our country's capital-markets-based financial system is not intricately linked with its regional banks."