Author Archives: Ayo

Advisors Serving Consumers

A recent study conducted by the Million Dollar Round Table (MDRT) surveyed consumers during a week of stock market volatility to understand investment behaviors and the potential role of financial advisors. Results show that many respondents would make adjustments to their investment portfolios based on various indicators during a week of market volatility. In addition, 48 percent of consumers who ...

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Planning for College Takes Center Stage!

    Summer is the perfect time for your clients to have the “college” talk with their children: What school would they like to attend, what do they want to study, and how much will it cost? This talk is vitally important because a college education is seen by many as the gateway to the American Dream. For many years, ...

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How to Combat Financial Exploitation of Seniors

LIMRA has launched a training program titled, Recognizing Financial Exploitation, to help train the financial services industry to help detect and deter fraud. The online, scenario-based education program, is a fast and easy way to help financial professionals comply with emerging legislation and regulations. According to The United States Census Bureau, the U.S. population of the United States is rapidly becoming ...

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Call for Nominations for Advisor Today’s 2018 Four Under Forty Awards!

Advisor Today is currently accepting nominations for its Four Under Forty Award Program. The deadline for all nominations is May 9, 2018. Nominating a NAIFA member is easy. You can go to www.advisortoday.com and nominate someone electronically, or you can complete, print and mail the Candidate Nomination Form included in the January/February and March/April 2018 issues of Advisor Today. You ...

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GenX’s Questionable Retirement Readiness

With Baby Boomers embracing a new frugality and Millennials making a strong start in their preparations for retirement, members of Generation X continue to struggle with debt and the effect it’s having on their long-term planning. This is according to the Generations Ahead Study from Allianz Life Insurance Company of North America. Total nonmortgage (credit card and student loan) debt ...

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The Financial Dreams and Worries of Americans

Building bigger emergency funds continues to grow in importance as the top goal of Americans, while health care has overtaken Social Security as the top consumer concern, with more Americans reporting health issues and thinking about how to save for health care. This is according to two research reports by Hearts & Wallets, the source for retail investor data and insights. The ...

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Policy Owners’ Interest in Online Service Grows

LIMRA’s research finds that 37 percent of policy owners went online for service in 2017, 23 percent higher than in 2014. The study also finds that 74 percent of policy owners said they would go online for service in the future, twice as likely as in 2017. While more policy owners are interested in going online to get help with ...

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The Investing Identity of Ultra-Wealthy Millennials

OppenheimerFunds and Campden Research, a division of Campden Wealth, recently published “Coming of Age,” a study that examines the investing identity of the next generation of wealthy families in North America. The report analyzes responses from Millennials who are wealth creators or the next generation of ultra-high-net worth (UHNW) families. It focused on three main topics: investment acumen, investment behavior ...

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Sustainable Investing on the Rise

A Schroders survey of over 22,000 investors across 30 countries has found that sustainable investing is on the rise across the globe. Globally, investors see sustainable investing as a way to drive not only societal, social and environmental change, but also profit. Schroders is an asset-manager operating from 41 offices across Europe, the Americas, Asia, Africa and the Middle East. ...

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Help with Medicare IRMAA Questions

The Medicare Rights Center has developed a new downloadable guide providing free information to help people with Medicare and those who assist them with their finances understand the Income-Related Monthly Adjustment Amount (IRMAA) and how to request that it be lowered if there is disagreement with their Social Security Administration’s IRMAA decision. The Medicare Rights Center, a national nonprofit consumer ...

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