Articles in "Robo-advisors" category:

Addressing the Three R’s of Advisor Anxiety: Robos, Revenue, and Regulation

  Ryan Sullivan     Tue Jun 12 11:15:00 EDT 2018 

Besides concern for their clients, what else keeps financial advisors up at night? Chances are they're worrying about one or more of the three R’s: robos, revenue, and regulation. With the rapidly changing financial services landscape that these and other trends have caused, financial advisors may have some anxiety over how their practices will be impacted and what the future holds for the profession.

Fortunately, there is a way for advisors to deepen their value while also responding to the threats of the three R’s: provide more than investment advice alone. Rather than focusing solely on portfolio construction and risk mitigation, advisors can position themselves as a resource for personalized guidance and tailored education at any life stage—assisting in all aspects of life planning, goal setting, retirement, and aging. While many advisors already do some elements of this and quality investment planning remains essential, there may be an even greater opportunity to help clients and address the risks associated with the three R’s.

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  Julie L. Genjac     Tue May 15 10:00:00 EDT 2018 

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For many, relying on GPS is a given—gone are the days of keeping an atlas in the car or printing out turn-by-turn directions—and we often unwittingly obey whatever directional commands we’re given. A GPS will not question the destination you enter; it will simply tell you how to get there. While a higher-end model may allow you to customize the route to help you get there faster, avoid paying tolls, or put the lowest mileage on your car, GPS is designed with the sole purpose of getting you from point A to point B. 

How to Be a Longevity Solutions Advisor

  Michael Lynch     Tue May 02 09:30:00 EDT 2017 

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It’s not enough anymore for financial advisors just to give guidance on financial planning and fund-picking. With the proliferation of robo-advisors and financial advising apps, it’s become critically important that financial advisors offer their clients more than the expected.

A longevity solutions advisor is a financial advisor who, in addition to providing financial guidance, helps clients navigate the complexities of aging and longer retirements. They don’t just talk about products with clients, but rather they have deeper discussions about the realities that come along with older age—such as healthcare costs, aging in place, maintaining quality of life—and help them come up with a plan. There are a few key elements to becoming a longevity solutions advisor:

Retirement Myths Debunked

  Michael Lynch     Wed Jan 04 14:45:00 EST 2017 

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One of life’s great mysteries is retirement. For those of us who have never been retired, we really don’t know what to expect or how it will come about until we’re in it. Nonetheless, over the many years of my career I have heard countless people repeat the same commonly accepted beliefs about retirement, and I want to shed a little light on these statements. Here are just a few of the viewpoints I hear most often, accompanied by my take on what’s wrong with them: