Advisors

In this article MS BLK skynesher | Getty Images Direct indexing, which allows investors to buy the stocks of an index, instead of purchasing a mutual or exchange-traded fund, may soon be available to more investors. While ultra-high-net-worth people have historically used the strategy, those with fewer assets may soon have access as more financial

David Paul Morris | Bloomberg | Getty Images Most individual investors — 67% — think they have a responsibility to put money toward companies that have a positive impact on the world, new research shows. That doesn’t mean they are necessarily acting on the sentiment. While more than half (51%) of retail investors avoid investing

Getty Images As inflation pushes prices on everything from food to gasoline higher, your emergency cash could be in danger of losing value. Persistently low interest rates likely will not keep pace with surging costs. Rapid inflation may continue for several months, Treasury Secretary Janet Yellen said in a recent interview, while other experts see

Cavan Images | Cavan | Getty Images Covid-19 prompted many women to leave the workforce. That’s because many women were forced to choose between working and taking care of their children and families amid a pandemic often opted for the latter. The difference in earnings and career prospects can be seen immediately. And it could

MoMo Productions | DigitalVision | Getty Images For some retirees, getting a large pension payment can become a big problem. Let’s say a pension plan mistakenly has been paying a participant too much and requires the person to pay back the money, typically through reduced future payments. That can cause many a retiree a lot

Image source: Eric Audras | ONOKY | Getty Images There appears to be a lack of understanding among investors about some of the fees they pay. Nearly half (47%) of investors mistakenly think the cost of investments like mutual funds and exchange traded funds generally are included in the fee they pay to their advisor

In this article COIN Dado Ruvic | Reuters As older Americans worry about the size of their nest eggs, some may eye riskier assets, such as cryptocurrency, to cover their shortfall with the possibility of higher returns. “It’s a tough predicament, and I think a lot of people will find themselves in that space,” said

andresr/Getty Images As demand surges for sustainable funds, it may be difficult for some consumers to identify what to add to their portfolios.  Securities and Exchange Commission Chairman Gary Gensler shifted his focus to environmental, social and governance investing, known as ESG, in a recent statement. His team will explore climate- and workplace-related metrics, along

Scott Olson | Getty Images Inflation surged more in June than it has in more than 10 years, and the news has investors worried. That’s because rising prices can erode a portfolio’s profit. Most simply, as the cost of living swells, your returns don’t go as far. That’s a particularly tough challenge for retirees, who

10’000 Hours | DigitalVision | Getty Images Target-date funds have ballooned in popularity over the past 15 years — yet many investors aren’t using them the way they were intended. The funds were designed as a one-stop shop that put retirement savings on autopilot. Investors are meant to park their nest egg in one fund,

In this article MS Thomas Barwick When it comes to gender or racial diversity, the wealth management industry falls woefully short. Just about 23% of certified financial planners were female as of 2020, while less than 4% were Black or Latino, according to the CFP Board, which certifies planners. Executives from Morgan Stanley and Northwestern

Yuriko Nakao | Getty Images When it comes to investing in the new and highly volatile asset class of cryptocurrencies, most financial advisors have at least one piece of wisdom: Don’t put in more than you can afford to lose. But while that rule of thumb is helpful, it’s pretty general. And so advisors are

In this article 9988-HK 9888-HK FISV Leon Cooperman on CNBC’s “Halftime Report.” Scott Mlyn | CNBC Billionaire investor Leon Cooperman said Tuesday that stock picking is key to superior returns going forward as the overall market has grown stagnant after a historic rebound from the pandemic hit. “In terms of my long-term outlook, to be honest

LaylaBird There could be one more big bump in the road as the economy recovers from the Covid-19 pandemic: a market correction. Moody’s Analytics economist Mark Zandi is warning there may be a 10% to 20% pullback in the markets prompted by the Federal Reserve’s current policies. In fact, the dip may have already started,

boonchai wedmakawand | Moment | Getty Images While it’s not guaranteed that taxes are going up for wealthy Americans, it does look likely. To help fund the American Families Plan, the Biden Administration has proposed increasing capital gains taxes to 43.4%, including the net investment income surtax of 3.8%, from 23.8% for those who are

Thomas M. Barwick | Getty Images As investors become more interested in cryptocurrencies, financial advisors are feeling a new urgency to offer the investments to clients. About 49% of advisors said clients have asked about cryptocurrencies in the past six months, up from 17% in 2020, according to the Financial Planning Association and the Journal

Commemorative dogecoins on display in Yichang, China on May 14, 2021. Barcroft Media | Barcroft Media | Getty Images When my clients ask about dogecoin, many say they are intrigued about the potential investment because of the news and excitement around it. As the conversation gets more serious about investing in cryptocurrency, I ask why

Tara Moore | Getty Images Social Security beneficiaries could be in for a bigger cost-of-living adjustment next year, if current economic trends continue. But just how much farther an increase to those monthly benefit checks will go will depend a lot on inflation. The Senior Citizens League, a nonpartisan senior group, released its first official

In this article MBAYX Caiaimage/Robert Daly | Getty Images Chances are that deciding when to claim Social Security likely will be one of the biggest retirement choices you will ever make. Yet a recent survey from MassMutual found that many pre-retirees are getting key facts about the program’s rules wrong — and just one mistake

Aimstock | Getty Images If you receive Social Security or Supplemental Security Income benefits and are still waiting on a stimulus check, you should file a tax return as soon as possible in order to get your money, the Social Security Administration said. The announcement pertains to the first $1,200 and second $600 economic impact