Time is the most precious commodity of every fundraising campaign. Fundraising through the RIA/Multi-family office industry can prove opportunistic, but only with a full understanding of the industry nuances.
Many advisors are betting rising taxes for the wealthy over the next couple years, and are bracing clients for such a possibility, looking at Roth conversions, earned income, capital gains, and charitable contributions.
Advisers say clients are staying grounded, focused on long-term investing. Record-level stock market volatility this year, including a near-7% drop on Thursday, has presented financial advisers with a live-fire test of how well they prepared clients to weather daunting economic outlooks.
Companies are cutting payments to shareholders at a rate not seen since 2009. As the economic fallout from COVID-19 continues to ripple across the financial markets, financial advisers will need to be especially vigilant when working with clients who depend heavily on investment income.
The coronavirus pandemic is continuing its assault on the U.S. economy, forcing businesses to close, lay off workers or reduce their hours.
Many Americans may need fast cash, beyond what can be generated by strict budgeting.
The deepest U.S. stock market sell-off since the 2008 financial crisis is prompting some financial advisers to tell wealthy clients to hold steady or even increase their equity exposure if they have at least 10 years until retirement.
Now, people want to know if this is the next bear market. I don’t think so, but you never know. Do a gut check and make sure you have a good quality portfolio now.
After almost a decade’s worth of predictions that robo advisors would storm the advice industry, the technology is still struggling to gain adoption among RIAs.
