What caught my eye this week. A long-time Monevator reader asked me this week why we haven’t written something in the vein of the Covid crisis Do Not Sell special that inspired a thousand (okay, four) T-Shirts? The quick answer is – as my co-blogger The Accumulator said on that day in March 2020 – … Read more
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that a report from Cerulli Associates found that, amidst an industry-wide trend towards comprehensive financial planning and away from pure transaction-based investment management, asset-based fees currently represent 72.4% of advisor compensation, while commission-based revenues have declined … Read more
What caught my eye this week. Donald Trump’s antics finally tipped the US stock market into a correction this week, defined here as a 10% fall from the highs in the S&P 500. The median US stock did even worse, posting a 20% decline. According to Bloomberg, this 16-session losing streak was the seventh-fastest such … Read more
Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that Securities and Exchange Commission (SEC) Commissioner Hester Peirce suggested in a recent interview that she would like to see the SEC give advisors more leeway to provide customized solutions to clients (rather than feeling required … Read more
What caught my eye this week. Nobody asked for it and now it’s here – the new Monevator shop is open, offering in-joke themed investing T-shirts and vaguely punny sweatshirts to all. Perhaps you’ve already spotted Monevator members striding about town sporting fancy wares like this: Yes, those cool cats got early access. Thanks to everyone … Read more
