News Roundup (677)
Morgan Stanley Advisors Can Get Bonuses for Landing Cash Management Clients
- Tuesday, 01 December 2015
- News Roundup
- Written by PFA News
Morgan Stanley advisors who land clients that need cash management services next year can receive bonuses up to $50,000. So reports ThinkAdvisor.
Read more...Broker Snared by Email Scam Loses License
- Sunday, 15 November 2015
- News Roundup
- Written by PFA News
A criminal hacked into an investor’s email account and used the electronic communication to direct a Pioneer Bank broker in Troy, N.Y. to move the person’s money into the criminal’s account, resulting in the broker losing his license. So reports the Times Union. Read more...
Advisor Off to Jail After Stealing from Clients
- Sunday, 15 November 2015
- News Roundup
- Written by PFA News
Susan Elizabeth Walker, 51, of Plymouth, Minnesota, has been sentenced to more than seven years in the slammer after being found guilty of stealing $1.1 million from at least 24 clients. So reports the Grand Forks Herald. Read more...
Budget Deal Would Kill Social Security Strategy for Maximizing Benefits
- Sunday, 01 November 2015
- News Roundup
- Written by PFA News
File and suspend, which allows one member of a couple to receive a spousal benefit from Social Security while both spouses’ benefits continue to accrue, would be terminated under the budget bill that was recently passed by the House of Representatives. So reports Bloomberg. Read more...
College Grads Can Count on Retirement at Age 75
- Sunday, 01 November 2015
- News Roundup
- Written by PFA News
Mounting levels of student debt and declining home ownership among younger people means that many recent college grads will have to work to age 75 before retiring. So reports NBC News. Read more...
Brothel Helps Sex Workers Pay Off Student Debt
- Sunday, 01 November 2015
- News Roundup
- Written by PFA News
The owner of the Moonlite Bunny Ranch, which is a legal brothel in Nevada, is doing his part to address the nation’s growing student debt issue—he is matching student loan payments that his sex workers make. So reports the Indiana Daily Student.
Read more...CFP Board is Moving in the Wrong Direction: Writer
- Sunday, 11 October 2015
- News Roundup
- Written by PFA News
The Certified Financial Planner Board of Standards should be raising the requirements to become a certified financial planning. Instead, it is making it easier to obtain the credentials, writes Rick Kahler, who is president of financial planning firm Kahler Financial Group. Kahler's column was recently published by Money. Read more...
Start-Up Firm Launches Employer Program for Paying Down Student Debt
- Sunday, 11 October 2015
- News Roundup
- Written by PFA News
Boston-based startup firm Gradifi has launched the Student Loan Paydown Plan, which allows business to make payments toward their employees’ student debt. So reports benefitspro.
Read more...Tips for Beating Robo-Advisors
- Thursday, 24 September 2015
- News Roundup
- Written by PFA News
Traditional advisors can compete with robo-advisors by being prepared to answer tough questions about fees, understanding what services clients value, expanding their referral networks, and clearly articulating the range of services they provide. So reports Advisor.Ca. Read more...
How to Help Female Clients Prepare for Loss of Spouse
- Thursday, 24 September 2015
- News Roundup
- Written by PFA News
Advisors should ensure that female clients can find financial planning documents, such as life insurance policies in the event that they outlive their husbands. That is one of several steps that advisors should to make sure that female clients are prepared to become widows. So report The New York Times. Read more...
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