by A&A Editorial Team | Jun 6, 2024 | A&A Editorial Team, Asset Management/Advisory, Wealth
Financial stress can take a toll on anyone, let alone those nearing retirement. The mental load can impact not only their financial well-being but also their mental health. With credit card debt reaching a record high of $1.13 trillion and personal savings rates...
by A&A Editorial Team | May 20, 2024 | A&A Editorial Team, Asset Management/Advisory, Wealth
A recent report sheds light on the confusion surrounding pricing for financial planning services, revealing a growing preference among consumers for flat fees. The “Pricing Mechanisms” report by Hearts & Wallets highlights a significant level of uncertainty among...
by A&A Editorial Team | May 20, 2024 | A&A Editorial Team, Asset Management/Advisory, Wealth
In financial planning, it’s easy to assume that the ultra-wealthy have all their bases covered. After all, they have significant resources at their disposal. But a closer look reveals that even the wealthiest individuals and families have hidden gaps in their...
by Amber Allen | Apr 16, 2024 | Amber Allen, Asset Management/Advisory, Wealth
The modern family dynamic is shifting, and women increasingly take the reins as financial decision-makers and primary breadwinners. As highlighted by the 2023 Women Money Power Study, nearly half of American women (49%) now self-identify as their household’s...
by A&A Editorial Team | Apr 16, 2024 | A&A Editorial Team, Asset Management/Advisory, Wealth
Engaging Millennials and Gen Xers in financial planning discussions requires addressing a significant concern: the future of Social Security. Many worry it won’t be there, leading to a bleak financial outlook. You can empower your clients to take control of...
by A&A Editorial Team | Mar 19, 2024 | A&A Editorial Team, Asset Management/Advisory, Wealth
Uncertainty was a constant in our industry throughout 2023, and 2024 is expected to bring more of the same. The year ahead is expected to have its fair share of challenges — from an erratic market to geopolitical tensions. With interest rates holding at 5.5%, we’re...
