Everyone wants helicopter money. Don’t you? (Part II of Mad Cats, Free Dollars & Policy Fat Cats)
We finished part 1 of Mad Cats, Free Dollars & Policy Fat Cats with this quote that shows the core ideological tenet of so called Modern Monetary Theory: “Money is an infinite public reserve that has been choked off at its source. Unlike money’s private users, moreover, only government wields the capacity to furnish all...Read More
Compare Your Fees to Other Advisors in Your Area Using Fee Benchmark Hidden Tool
Looking for opportunities to create best proposals for your prospect may be tough in terms of pricing, and many people are interested if there is a way to look for other advisors’ fees in their area.
Case Study: Shining a Light on Revenue Sharing
The Ask It’s practically the norm for the fees on many 401(k) plans to be anything but straightforward. Indirect compensation and revenue sharing are some of the biggest culprits in this. So, when making any kind of proposal to a new prospect, it can be exceedingly difficult to paint a fair picture of the fees...Read More
Pros and Cons of State Fiduciary Rule Initiatives
In 2019 with the DOL’s fiduciary rule in the ground, individual states are starting to pick up the mantle. Is this ongoing trend a positive or a negative one? Here are a few ideas for you to consider first: PRO Small scale testing Looking back at the old DOL rule, there was a lot of...Read More
15 Weekly Stats for Financial Advisors: Week of March 25, 2019
Matt Meyer and Michael Robinson are founders of The BluePrint Insurance Services. Their mission is to be the premier insurance partner for RIAs and comprehensive financial advisors. The BluePrint provides an operational insurance platform that allows our partners to provide the highest level of insurance access and support. We feature this weekly update with permission:...Read More
State and Local Government Employees Approve of Auto-Enrollment
“Auto-enrollment revolution” in retirement plans is considered one of the most important innovations in investing and savings. It’s already recognized by many behavioral economists and experts, such as Richard Thaler, Shlomo Benartze, as an option that will lead to better overall outcomes , and a recent study shows that it’s getting through to the general...Read More
New Technology is Bound to Change the Landscape of the Retirement System
I agree with Ted Godbout in his argument that new technology is bound to change the landscape of the retirement system. It is very clear that following the new tech trend is the game to be in. The early adopters of it create a solid foundation for future growth. Big data, cloud computing, AI, machine...Read More
Mad Cats, Free Dollars & Monetary Policy Fat Cats
“To begin with,” said the Cat, “a dog’s not mad. You grant that?” “I suppose so,” said Alice “Well, then,” the Cat went on, “you see a dog growls when it’s angry, and wags its tail when it’s pleased. Now I growl when I’m pleased, and wag my tail when I’m angry. Therefore I’m mad.”-Lewis...Read More
Case Study: Compare an Annuity to an Alternative Investment Portfolio
The Ask: One of our adviser clients asked if he can compare an annuity to an alternative investment portfolio? An annuity is an investment vehicle for retirement that has guaranteed income feature which makes it so attractive to investors looking to put together a financial strategy to retire comfortably. According to Jackson National Life study...Read More
15 Weekly Stats for Financial Advisors: Week of March 18, 2019
Matt Meyer and Michael Robinson are founders of The BluePrint Insurance Services. Their mission is to be the premier insurance partner for RIAs and comprehensive financial advisors. The BluePrint provides an operational insurance platform that allows our partners to provide the highest level of insurance access and support. We feature this weekly update with permission:...Read More