Boomer Market Advisor May 2009
Cover Story
2009 Advisor of the year
It's obvious, but worth repeating nonetheless; attention to detail pays (especially in this business). After consuming far too much black coffee and pizza, we thought...
Features
-
Guarantees gone mild
Labels vary, but one word characterizes the adjustments many carriers are making to their guarantees in reaction to the financial crisis: necessary. "We're seeing it with...
-
Managed accounts and the boomer meltdown
Hard-learned lesson No. 268 from the financial crisis: Even the most advanced, well-conceived and wisely applied investment product is vulnerable during a market meltdown. As advisors...
Columns
-
Your boomer clients believe - so should you
Though our role of planner and/or wealth manager is vital to our clients' financial well-being, great advisors also recognize their role as confidante, manager and...
-
Undiminished long term optimism
Boomers remain stubbornly optimistic, and this should guide the stance advisors take with clients. The Spectrum Group estimated retirement assets lost $2.4 trillion last year, a...
-
Boomer retirement: Phoning it in
I'm always leery when someone tells me a technology application changed their life. A colleague's recent "life changing" excitement over a new smartphone was persuasive,...
-
Top five: What regulators are watching
Even before the beginning of the financial crisis and almost daily revelations of new Ponzi schemes, regulators and politicians were sending strong signals of their...
Departments
-
Emotional rescue
A quick perusal of the consumer press tells you all you need to know about how clients feel: They ain't happy. The Wall Street Journal weekend...
-
Social Security drying up? Hardly.
So says Edward F. Coyle, executive director of the Alliance for Retired Americans, who insists the buzz stems from the same people who want to...
-
Fidelity: Older investors have low annuity IQ
More than 85 percent of investors age 55 to 70 who work with independent RIAs want guaranteed monthly income for life while still allowing for...
-
Federal agencies stumped over mass retirements
Federal agencies really don't want boomers to retire. Said agencies are facing significant challenges before 2012, when one-third of the workforce will become eligible to retire....
-
Retiree medical costs total quarter-mil
Time -- and inflation -- is so cruel. Had boomer couples retiring this year retired in 2002, they would have paid $80,000 less in medical...
-
Boomers flock to major metro suburbs
Like it or not, Florida will no longer be the poster state for retirement. As boomers-turned-retirees decide where to spend their golden years, most will...
-
Boomer vacation home sales drop
Housing analysts say we might have already hit bottom. Fourteen of 20 metro areas indicate home prices have declined in excess of 10 percent in...
-
Slash jobs? Or slash hours?
Companies don't like layoffs, but they also need to cut labor costs. So they're taking a serious thought to phased retirement, according to consulting firm...
-
Bill creates boomer jobs at nonprofits
Lawmakers are hoping nonprofits will spur second careers for boomers. Congress passed the Edward M. Kennedy National Service Act in March, which will help stimulate...
-
Quality retirement from incredible chaos
Since autumn 2008, the money management industry has contended with one of the most uncertain business environments it's ever faced. Important U.S. investment banks have...
-
More to fear than fear itself
WSJ.com reports more than 70 percent of financial advisors in a recent survey said they were concerned about the risks insurers have taken on with...
-
12b-1 fee reform dead (for now)
"As far as 12b-1 fees are concerned, it will go a long way if we just call them what they are, which are a fee...
-
A silver lining amid market woes
For your baby boomer clients, the ability to convert pre-tax assets in a traditional IRA to a tax-free Roth IRA is an opportunity they don't...
-
What, exactly, are we paying this guy for?
The Wall Street Journal weighs in on the active versus passive management debate, and the verdict goes to passive in the current bear market, according...
-
Should you forgive your mutual fund?
And speaking of Morningstar, Michael Breen (the firm's Fund Spy) asks and answers a great question, one that also applies to advisors, financial firms, politicians,...
-
We've seen the enemy, and he is...
We understand that excessive executive compensation as a "cause" of the current crisis is more hype than help. Still, it's hard not to get a...
-
Death and taxes: Control what you can
The repeal of the estate tax is ready to sunset, and it's doubtful the Obama administration will have it rise again. This means a readjustment...
Sponsor
Showcase
Actionable insights to help you make better global investment decisions.
Event Spotlight
Retirement Income Symposium
October 10-11, 2013
Hyatt Regency, Boston, MA
The symposium provides practical, innovative solutions to current industry challenges and provides advisors clear, actionable strategies that they can utilize to address their clients' needs.
Resource Library
View All »
Understand the #1 Alternative Asset for Self-Directed Investors - Real...
Are you prepared to offer innovative alternative investment solutions to your clients and explain the...
Complimentary White Paper: "Strategies on Advising Couples"
Grow your practice by rethinking how you view, interact and approach investment decisions when working...
Breaking up is hard to do
Love being a financial advisor? Not getting what you need from your current firm? Hear...
The Best of Both Worlds with Century Securities
Our independent affiliates enjoy the freedom to make important choices and the professional resources of...
Build a Scalable Foundation for Growing Your Advisory Practice
This advice is based on industry research and the practical observations of other advisors who...
Complimentary Informational Brochure on Ameritas Life and Annuities
Ameritas Advisor Services can give you the tools you need to help your clients with...
Working Smarter: Engaging Prospects And Clients Through Social Media
For financial advisors, social media represents a powerful addition to traditional marketing and networking activities....
Complimentary Copy of "Winning Advantage: The Financial Advisor Playbook for...
Find out the four crucial steps you need to follow to choose the right technology...
Complimentary White Paper: "Alternative Investments in the Mainstream "
In this white paper you will learn how to earn more referrals and grow your...
Complimentary White Paper: "Define Your Independence: Building Your Future"
It's time to take a closer look at new opportunities. Download this free white paper...
Advisor Tools
Business Evaluator
The Business Evaluator tool is designed to educate advisors on career options. Get recommendations unique to your situation as the Business Evaluator intuitively guides you through exploring a change.
