Since occupying Vanguard’s Chief Executive seat in January of this year, Tim Buckley has been quick to assert his leadership and begin building a legacy. Most recently they’ve announced partnerships that will expand their reach into China, a venture into private equity, and the shuttering of their annuity business. Writing in RIABiz about all of...Continue Reading
Hoo’s, Defense, FIAs, the 500th RIJ, Dynamic, Risk, Legislation, Trade War, Regulation, RegBI Opine, the “F” Word, Vanguard, Leo-nard Bernstein! Our titular inspiration for this quarter’s News and Notes comes from R.E.M.’s 1987 rap “It’s the end of the world as we know it (and I feel fine).” The song climbed to #69 on Billboard’s...Continue Reading
Partnership grants firm’s wealth managers access to no-load fiduciary marketplace of next-gen risk-managed solutions San Francisco, Calif. – June 4, 2019 – Dynamic Wealth Advisors has partnered with RetireOne® to offer insurance and annuity back office services for the wealth management firms it supports. The new partnership provides distribution, education, servicing, and support for no-load...Continue Reading
Investment News Contributing Editor Mary Beth Franklin reports that two major themes emerged from the recent Retirement Income Summit in Chicago: the economic impact of increasing longevity, and the need for guaranteed lifetime income as one American turns 73 every seven seconds (source: Joseph Coughlin, MIT Agelab). Certainly, the Retirement Income challenge is exacerbated by a growing...Continue Reading
RetireOne President Ed Mercier has been working in the RIA space for 20 years. In an article for Advisor Perspectives, Ed shares similarities between his experience serving this audience of fiduciaries, and that of his colleague, Jim Combs. Jim is CEO of National Advisors Trust (NATC). NATC is one of the largest trust companies in...Continue Reading
In this article for IRIS, RetireOne President Ed Mercier explores the trend toward zero commission or ‘no-load’ insurance products like annuities. As robos take on more and more advisor services, many experts agree that financial behavioral coaching is one area that resists automation. This new generation of low-cost, fiduciary-focused products help RIAs manage client behaviors...Continue Reading
Michael Finke of the American College interviews Nobel Prize winning economist Bill Sharpe about his latest research. “Finding a Better Retirement Income Solution” examines the results of his study demonstrating the strength of annuities as retirement income solutions. Finke says Sharpe is positive about the efficiency of income annuities. Many economists agree on that point....Continue Reading
Annuities have a terrible reputation. Rather than incorporating them into retirement plans to solve specific problems for investors, some salespeople overstated their features and benefits—selling them as ‘strategies’ rather than tactics. Writing in ThinkAdvisor, RetireOne CEO David Stone says this semantic difference is important. These are complex instruments that help investors achieve important goals, but...Continue Reading
Writing in RIABiz, Oisin Breen surveys the BlackRock/Microsoft deal announced last month that aims to ‘reimagine retirement planning.’ Since tech disruptions have yet to impact annuity pricing, RetireOne CEO David Stone believes this partnership could be good news for investors…Especially as 10,000 Baby Boomers retire every day, and the need for lifetime income increases. Could...Continue Reading
Featuring Rudy Blanchard, MSM, APMA If it’s true what the Greek philosopher Epictetus said, that “Circumstances don’t make the man, they only reveal him to himself,” then it’s a safe bet Rudy Blanchard and his partner Eric Greschner were firehosed with personal insights from 2000 to 2010. Starting an RIA firm during the tech bubble...Continue Reading
