Monday, May 17, 2021

Money

Boomers Would Rather Have More Money Than More Free Time, Finds Survey

Nearly one-quarter of boomers say they’d use free time to develop a skill or turn a hobby into a side hustle. (By Ravi Kumar)

Gerontologist Says More People Need Advisors Involved in Long-Term-Care Decisions

Start long-term-care conversations early so you’re not scrambling to help clients raise cash. (by Molly Prues)

Going Back to School Won’t Lead to a Better Job for the Pickleball Crowd

Clients in their 50s may fair better with a side hustle instead of another diploma. (By Beth V. Walker)

Business Owners Rushing to Retire, Survey Finds

Falling confidence and rising technology costs are driving early exits.

Trouble Managing Money May Be an Early Sign of Dementia

Advisors sit in a good seat to spot clients' early problems of dementia and help families craft new plans to protect assets. (By Michelle Andrews)

Advisor Helps Clients Get Ahead of President Biden’s Proposed Tax Hikes

Tax-loss harvesting, accelerating capital gains and conversations with estate planners are on his list.

Estate Planning for the LGBTQIA+ Community

Ensuring values and wishes are fully honored takes extra steps. (By Deborah Danger)

‘Interviewing’ Reveals Whether Clients Should Start Dream Business

Advisor saves one client from disaster, finds another well-prepared to launch. (By Michelle Rand)

Financial Literacy Reduces Money Stress, Finra Study Finds

A new report from Finra and George Washington University reveals most Americans were anxious about their finances — even before the pandemic.

Financial Literacy Is Her Passion — And Her Calling Card

This advisor has made it a centerpiece of her planning practice and has written a children’s book series to encourage it.

Latest News

Money

Boomers Would Rather Have More Money Than More Free Time, Finds Survey

Nearly one-quarter of boomers say they’d use free time to develop a skill or turn a hobby into a side hustle. (By Ravi Kumar)

Longevity

Gerontologist Says More People Need Advisors Involved in Long-Term-Care Decisions

Start long-term-care conversations early so you’re not scrambling to help clients raise cash. (by Molly Prues)

Work Life

Going Back to School Won’t Lead to a Better Job for the Pickleball Crowd

Clients in their 50s may fair better with a side hustle instead of another diploma. (By Beth V. Walker)

Advisor Toolbox

Generate ‘Relationship Alpha’ By Teaming with Your Clients’ Tax Professionals

Six strategies for advisors to add value during and well beyond tax-filing season. (By Leslie Geller)