Advisors

Hinterhaus Productions Women gave birth to fewer children during the Covid-19 pandemic. If these low U.S. birth rates continue, it could have a lasting economic impact, including retirement and Social Security benefits. The total fertility rate has been declining for years. In 1964, women of childbearing age had an average of 3.2 children. By 1974,

seksan Mongkhonkhamsao | Moment | Getty Images It’s a question millions of Americans would love the chance to ask: What should I do after my student loans are canceled? The Biden administration has already given more than 450,000 borrowers reason to think about that, after forgiving the debt for certain disabled borrowers and others who

The pandemic has been a financial wake-up call for many and it has caused them to rethink their plans around work and retirement.  In a recent report, 36%, of Americans said that they will never have enough money to be able to retire. Even more — roughly 41% — said their ability to be financially secure in

Drazen Zigic | iStock | Getty Images For financial advisors, the focus is often on growing their business, not passing it on to new owners. However, succession planning should be a key consideration in running a financial advisory firm, experts say. Yet research shows that most firms don’t have a plan in place  — which

dowell | Moment | Getty Images CNBC enlisted data provider AccuPoint Solutions to assist with the ranking of registered investment advisors for this year’s FA 100 list. The methodology consisted of first analyzing a variety of core data points from AccuPoint Solutions’ database of registered investment advisors. This analysis started with an initial list of

Mark Mirsberger Source: Dana Investment Advisors On Tuesday, Sept. 27, stocks were in the red, and the S&P 500 was having its worst day in months. As Mark Mirsberger, CEO of Dana Investment Advisors, watched the market drop, he was calm. “It’s part of the journey,” Mirsberger, 59, said. “It shouldn’t go up every day.”

Westend61 | Westend61 | Getty Images Let’s be honest: Making personal financial decisions can be challenging. There’s a variety of investment options, all of which carry some form of risk. And, of course, there are many types of retirement plans to choose from, each with their own set of tax consequences. The seemingly endless amount

Working remotely in a business built around relationships means adapting in more ways than one. For most financial advisory firms, the pandemic accelerated advancements already underway in virtual communications and paperless transactions. The best businesses maintained their personal connections with clients and safeguarded customer data at the same time. “We are now fully in the

d3sign | Moment | Getty Images Hiring young talent is imperative for financial advisors. But finding so-called “next-generation” advisors can be a challenge — largely because young college graduates are often unaware of financial advice as a career path, according to firms on CNBC’s annual FA 100 ranking. These top firms have found ways to

izusek | E+ | Getty Images To pay for a historic and sweeping expansion of the social safety net, President Joe Biden and Democrats are planning to slap wealthy Americans with higher taxes. In response, financial advisors and their well-off clients are also scheming. Specifically, they’re looking at moves they can take now to avoid

Paul Bradbury | Getty Images Younger generations of Americans apparently do not have a great deal of faith that Social Security will be available to them when they retire. To that point, about 23% of Gen Z and 26% of millennials actually believe there is little likelihood that they will be able to rely on

Marko Geber | DigitalVision | Getty Images In a world that’s rapidly changing and becoming more uncertain than ever, the financial advisory industry has a great opportunity to become a beacon of trust for investors by helping them navigate through difficult life and financial decisions. The Covid-19 pandemic, combined with the social and economic shifts