How to Build Retirement Security
In the first half of 2023 we have seen the S&P 500’s rise of more than 10%. The numbers speak for themselves and those few short sellers aside, a rising market generally lifts spirits.More money means more consumption, the ability to pay off debts and the confidence to take out more. What could go wrong?
How Will AI Transform Financial Services?
As new technologies reconfigure the financial landscape, most clients believe AI will help, not hinder, advisors in their business.
Is Your 401K at Risk? How the Latest Interest Rate Hikes Could Impact Your Portfolio
The Federal Reserve's recent interest rate hikes, coupled with Chairman Powell's latest comments indicating that this is not the end, sends a clear message that until the inflation target of 2% is achieved, the cost of borrowing money will continue to rise, putting increased pressure on liquidation.
New Rules Proposed by SEC Are Confusing!
Late last year, the Securities and Exchange Commission proposed four rules that focus on increasing competition for equity orders. One would require open auctions for certain orders. Another, Regulation Best Execution, would set a standard for broker-dealers and other market participants, and require policies and procedures on finding the most favorable price points for customers.
How To Construct The Perfect Portfolio In 2023
In these turbulent times, sage financial advice is in short supply. To remedy this we decided to sit down with Max Wasserman, founder and senior portfolio manager of Miramar Capital in Chicago. We discussed the areas of risk affecting portfolios right now, and those on the horizon.
AI in Finance: Challenges and Opportunities for Risk-Averse Advisors
As AI continues to improve, it is gradually transforming the finance industry. While it offers a range of benefits that can significantly enhance the efficiency and accuracy of financial tasks, many advisors remain hesitant about implementing it.