Sentences with phrase «advice of the financial advisors»

Morgan Stanley Wealth Management recommends that investors independently evaluate specific investments and strategies, and encourages investors to seek the advice of a financial advisor.

You acknowledge that your personal financial circumstances are unique, and that before any information you obtain through the Service is acted upon, you should obtain the advice of a financial advisor or other financial planning professional who is aware of your personal financial circumstances.

It's always best to seek the advice of your financial advisor, tax advisor or your insurance agent when you are buying a life insurance policy, naming your beneficiaries, and making any changes to your policy, as to whether those choices may result in tax consequences.

Be sure to seek the advice of a financial advisor for current market analysis and advice.

It's important to do your research and seek the advice of a financial advisor.

The NextGen Client Direct Series is available for self - directed investors — those who do not seek the professional advice of a financial advisor.

In 1997 or 1998 I took out my first investment loan based on the advice of my financial advisor (the basic idea being that RSPs get taxed at 100 % upon withdrawl and if you can borrow to invest you can deduct the interest.

Finding an insurance company that can provide the legit indemnity plans at an affordable rate can be a challenge if you're relying completely upon the advice of financial advisors.

You can also take advice of the financial advisors who will help you to know that how much insurance coverage you should have based on the current income.

It's always best to seek the advice of your financial advisor, tax advisor or your insurance agent when you are buying a life insurance policy, naming your beneficiaries, and making any changes to your policy, as to whether those choices may result in tax consequences.

It's important to do your research and seek the advice of a financial advisor.

Not exact matches

A survey of 10,000 households that use financial advisors found that more than half of advisor clients (51 percent) thought the advice they received was either free or they didn't know how much they paid for it.

One common piece of advice to potential financial advisor clients is that they ask their potential money manager about their «investment philosophy.»

Garrett and other fiduciary financial advisors see the recently issued fiduciary rule passed by the Department of Labor as a major step in the right direction of controlling the costs of advice to investors.

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«We need to raise the bar on the quality of the education and the core standards of competency to give Social Security advice,» said Meyer, who has two main pieces of advice to financial advisors.

A unique breed of financial advisors is growing in numbers as investors demand access to a broad array of investment and advice options.

CNBC asked that question of financial advisors Scott Hanson, Peter Mallouk, Ron Carson, Louis Barajas and Cathy Curtis, who each welcomed the opportunity and weighed in with some professional financial advice.

Accordingly, before making any final decisions or implementing any financial strategy, we recommend that you obtain additional information and advice of your accountant and other financial advisors who are fully aware of your individual circumstances.

These financial advisors have a fiduciary responsibility to their customers to ensure they provide the best financial advice possible and act in the best interest of their clients.

While a financial advisor held to a fiduciary standard will give you truly the best financial advice they are qualified to give, an advisor held to a standard of suitability will give you information that can be compromised from a conflict - of - interest.

But the larger, long - term trend is robo - advisors and other fintech companies teaming up with outside financial planners and conventional advisory firms in just about every segment of the investment advice business.

Prior to making any investment or financial decisions, an investor should seek individualized advice from a personal financial, legal, tax and other professional advisors that take into account all of the particular facts and circumstances of an investor's own situation.

The absence of any outside compensation frees up the financial advisor to truly be a fiduciary, dispensing the trust financial advice with only the client's best interest in mind.

This week, the DOL delayed the effective date of its Fiduciary Rule — which would define all retirement plan financial advisors as ERISA fiduciaries, effectively banning conflicted 401 (k) investment advice that puts advisor profit ahead of client interests — by 60 days from April 10, 2017 to June 9, 2017.

At a more complex but profound level, robo - advisors and other fintech companies are providing much of the technology to help major financial institutions transform their conventional advice businesses.

By eliminating the sales incentive, the fee - only financial advisor gives you advice that is transparent — free of any conflict - of - interest that can come from the possibility to earn a commission.

You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

A robo advisor is an online wealth management service that provides automated, algorithm - based portfolio management advice without the use of human financial planners.

None of our clients use a stock broker and insurance agent — which means they aren't affected by the rule at all unless their plan's financial advisor gives rollover recommendations in addition to investment advice.

The standard advice from financial advisors to 20 - somethings is to invest as much as they can in stocks — regardless of periodic market swings, however wild, like those seen over the past few days — and watch long - term compounding do its magic for the next 40 - plus years.

An innovative, cost - effective retirement platform that empowers plan participants and highlights the value of an independent financial advisor's advice and guidance.

The network is the leading organization of fee - only financial advisors offering affordable and accessible advice to Gen X and Gen Y clients.

If the Fiduciary Standard is applied to brokers as well as financial advisors as has been discussed, there will for sure be lots of change, but to announce the death knell of the advice business is as ludicrous as saying there will no longer be a demand for teachers or doctors.

«Specifically, the financial institution must disclose any variable compensation that the advisor receives for the advice and resultant product sale, and comparative examples of compensation they would have received for other products,» Cerulli managing director Waldert said.

First, I focused on how the advice and analysis of the accountants, advisors, and financial planners of hundreds of thousands of Canada's small business owners are in stark contrast to the assertions of the government, specifically including the prime minister and the minister of finance.

Barclays and Goldman Sachs are serving as financial advisors to CVS Health, and Centerview Partners also provided financial advice to the CVS Health Board of Directors.

While a lot of the guidance I offer as a financial advisor is based on my financial expertise, some of my best advice comes from the belly of life experience.

But Elliot Weissbluth, CEO of HighTower Advisors — a nine - year - old national financial services company with more than $ 30 billion in assets under management that has long adhered to the fiduciary standard — says it's like the difference between getting dietary advice from a butcher or from a registered dietician.

Only 14 percent of millennials surveyed by UBS said they got advice from a traditional financial advisor.

The Affordable Retirement Advice for Savers Act rolls back the Obama administration's fiduciary rule and amends federal law to require financial advisors to act in the best interests of their clients.

Ironically, this advice can often make overpriced fund selection more likely because most financial advisors aren't subject to a fiduciary standard of care today.

DOL, via its fiduciary rule, has «created a regulatory framework that both protects consumers and gives financial advisors the flexibility to provide much - needed financial advice consistent with a wide range of business models,» the Coalition said.

«I've dedicated the past 20 years of my life — first as a financial advisor and now as a financial educator — to providing objective financial advice to millions of Americans via my books, seminars and media appearances,» Bach said in a statement.

The National Association of Financial Advisors (NAPFA) has long championed the importance of commission - free financial and investmenFinancial Advisors (NAPFA) has long championed the importance of commission - free financial and investmenfinancial and investment advice.

There are also a couple of chapters about choosing the right financial advisor or more accurately about avoiding bad advice.

Consistent with the evidence from other contexts, we show that the presence of female directors on target boards is positively and significantly associated with target boards seeking advice from top - ranked financial advisors.

DOL notes that like the FAQs issued on Oct. 27 on the Prohibited Transaction Exemptions, the FAQ for advisors focuses particularly on specific technical questions raised by financial service providers, and it is limited to investment advice concerning plans covered under the Employee Retirement Income Security Act, IRAs and other plans covered by Section 4975 (e)(1) of the Internal Revenue Code.

Two closely related papers entitled «Investment Advice and Individual Investor Portfolio Performance» of January 2009 by Marc Kramer and «The Impact of Financial Advisors on Individual Investor Portfolio Performance» of March 2012 by Marc Kramer and Robert Lensink address this question.

The Department of Labor promulgated a «fiduciary rule» that would have required financial advisors to act in the best interests of their clients, rather than merely requiring them to provide «suitable» advice.