Category: Other

Fiduciary Rule: What It Really Means on June 9

This Friday June 9, the DOL Fiduciary Rule—the landmark Obama-era investor protection rule–will go into theoretical effect, with full implementation on Jan. 1, 2018.  But during this transition period running throughout the remainder of 2017, the rule has no meaning.  In May, the DOL said it would not...

When Money Doesn’t Matter

Pop Quiz: what three things do you value most in this world?  It shouldn’t take long as whatever comes to mind first is probably your truest answer.  Common responses often include family, faith, friends or similar references.  Now think of the happiest moments in your life.  What memories...

Pay to Play or Go Home

As we get closer and closer to the applicability date of the fiduciary rule, the industry is starting to show its cards on how the rule will impact the landscape.  What’s still unclear is whether or not the rule will actually become applicable, see ACOSTA Getting Heat to...

Spiritus Animalis

“Identified in the 1930s by John Maynard Keynes as an important economic driver, he said an eruption of ‘animal spirits’ could start a virtuous circle of entrepreneurial risk-taking and investment- and further lift equities.”  – Financial Times lexicon When Keynes’ “animal spirits” theory made its first appearance in...

High Anxiety Over High Equity Valuations?

“Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.” — Sir John Templeton With most major domestic stock market indices rallying sharply post-election, it’s natural for investors to question how long this rally can last – particularly when it occurs near...

Don’t Wait, Communicate (In Writing)

As an advisor, I often meet with clients who are building, or have managed to build, an adequate investment portfolio to meet their retirement and other objectives. Of course, like many people, they regularly monitor their portfolio performance and want to talk about how the ups and downs...