6+ day, 13+ hour ago   (378+ words) They’re increasingly considering new portfolio tax optimization and estate planning tools as the bar for sophisticated advice goes higher. To borrow from Apple’s famous slogan of the late aughts, there’s an app for that. Or at least, there’s wealth management…...

1+ week, 4+ day ago   (485+ words) Over 69% of consumers prefer some in-person or hybrid communications with their advisor, a recent survey found. We may be 14 years past pop singer Carly Rae Jepsen’s breakout hit, but many advisors are still using her refrain: Call me … maybe. “If…...

1+ week, 4+ day ago   (313+ words) Bringing some of Altruist’s AI financial planning tech to Vanguard Digital Advisor may be a core reason the asset manager made the offer in the first place. “Vanguard [will own] the AI capability to build that without licensing it from…...

1+ week, 6+ day ago   (296+ words) Some 72% of Americans feel guilty when spending on joy rather than financial goals. By helping them, advisors can build both trust and business. Do guilty pleasures really need to feel so … guilty? More findings from the survey: The fiscal consequences…...

1+ week, 6+ day ago   (294+ words) Nearly 60% of advisors said they are the products they’re most interested in adding to their portfolios. Nobody likes paying taxes, but these accounts could be the ibuprofen to that headache. Though long-short SMAs are still relatively new products, some asset…...

4+ week, 1+ day ago   (582+ words) Wealth managers are looking beyond fixed income products into private markets and exchange-traded funds. “Just because we can generate 5% or 6% yield doesn’t mean that that’s a safe distribution rate,” said Davi Kutner, an advisor at Aprio Wealth Management. “That may…...