A Tale of Ignorance And Danger of Rash Decisions
Who is Zoom Technologies Inc.? Markets are “efficient”, right? Let’s all just take a deep breath In my last article, I made a mistake that thousands of investors are making. Now, A case of mistaken identity is shooting or zooming an unlikely stock to unreasonable highs. It’s a story of irrational exuberance or investor stupidity....Read More
Coronavirus is a Beta Test For Remote Work
Remote-work software companies Quarantine may kickstart remote work We will emerge from Coronavirus, but do we evolve or resume? My most positive outlook Ease client concerns during this challenging time Pandemonium was palpable last week as many of us began to feel a creeping sense of unease around the rate at which the Coronavirus is...Read More
How’s VaR working out?
If there is one theme that underpins our writing on risk, it is that stress testing and scenario analysis are far superior to value at risk (VaR) measures. It is clear that VaR is not made for the market moves that we have been experiencing. If we use normal distributions, which is the foundation of...Read More
Can a plan have too many Funds
Key Talking Points Can the menu be too small? A Diversified Plan Menu Summary It shouldn’t be surprising that a plan which had over 200 options for participants to choose from in its plan menu is settling its lawsuit. More than 10 times the average plan! The issue of plan menu size can be part...Read More
Panic at the Disco!
I started this post on March 11, 2020. It was not a good day. Today is March 12, and it is worse. Much worse. Historically worse.
Listen to the Experts! ESG Industry Insights and Advisor Advice from an ESG Rating Specialist – Elgin Chou of Act Analytics
If you want to know the state of any industry, it is best to consult the experts. Yon and Colin have written about the state of ESG Investing – to ESG or Not to ESG – and how advisors are missing the growing interest in sustainable investing. In this podcast, they interview an ESG Rating...Read More
Sell Massively to Plan Sponsors Without Leaving Home
2020 certainly started out with a bang, in fact, with a few of them. Market volatility is putting fear into the hearts of 401(k) holders and plan sponsors. Virus fears are causing people to travel and interact less. So what is a retirement plan advisor to do in such an environment?
1 Thing Advisors Need To Do To Keep And Attract Plan Sponsors
Plan Sponsors are changing management styles of 401k plans Plan Sponsors know something is wrong Advisors need to show holistic involvement Advisors need to be stewards and educators Advisors need to teach plan participants ERISA Compliance Financial Education is Key Converting Prospects to Clients with Customized Trackable Marketing Letters Anyone managing even one 401(k) retirement...Read More
RiXtrema integrates with Wealthbox CRM
Our advisor clients asked for it, and we answered: RiXtrema’s Portfolio Crash Test Pro integrates with Wealthbox. Wealthbox is a CRM designed to help financial advisors organize workflows around their clients. Wealthbox is a fintech firm experiencing outstanding growth among financial professionals because of its many time-saving features. With Wealthbox’s success and popularity among our...Read More
Coronavirus Follow-up
COVID-19 gives us a rare opportunity to watch a stress play out in real time. And in this case, I actually made a prediction for how markets would react, so this blog will look at the progress of the virus and the suitability of the original prediction given the passage of time.