It’s easy to position your client’s portfolio for the oncoming bear market – if you knew when it was coming. Advisors shouldn’t try to invest around a down market, but they should prepare their clients for the inevitable bumps.
The Suddenly Single Scenario Becoming "suddenly single" is a major issue for high-net-worth female clients, a study by Key Private Bank found. The study, which polled 140 advisors on their experiences working with these clients, found that 82 percent reported "hardly any of their married female clients have a contingency plan in place to navigate the emotional and financial impacts of finding themselves on their own.” ... College for Financial Planning Revises CRPS Designation The College for Financial Planning has revised its Chartered Retirement Plans Specialist designation program to include the Department of Labor’s fiduciary rule. The program will now cover the DOL’s fiduciary requirements, as well as content on small business owners using defined benefit plans, new plan design and plan selection guidelines for plan sponsors. ... Associated to Acquire Whitnell & Co. Green Bay-based Associated Banc-Corp has announced plans to acquire Illinois-based Whitnell & Co. for an undisclosed price. Whitnell & Co., with about $1 billion in assets under management, primarily serves affluent families. ...
You are subscribed to this newsletter as newsletter@newslettercollector.com Questions or problems? Contact Customer Service Wealth Management | Penton | 1166 Avenue of the Americas, 10th Floor | New York, NY 10036 Copyright 2017, Penton. All rights reserved.