Sentences with phrase «percent of the advisors»

A PR plan is essential for growth, but a new study found only 32 percent of advisors have a position dedicated to marketing.

The alert noted that in a recent SEC Office of Compliance Inspections and Examinations study of 75 financial firms, 5 percent of broker - dealers and 26 percent of advisors and investment funds did not conduct periodic risk assessments of critical systems to uncover vulnerabilities, potential business consequences and other cybersecurity threats.

A U.S. Chamber of Commerce report found that 71 percent of advisors surveyed will stop providing advice to some of their clients with small account balances, the legislators said.

Wells Fargo Advisor Network, Wells Fargo's IBD, recruits about 65 percent of its advisors from other wirehouses — Morgan Stanley, Merrill Lynch and UBS — but after that the percentage of advisors that come to IBDs from large wirehouses drops off.

Commonwealth Financial Network only recruits about 20 percent of its advisors from wirehouses, the research found.

But only 16 percent of the advisors said their 50 - and 60 - year - old clients believe volatility is the biggest risk to their retirement portfolio.

Cogent Research has found that 72 percent of advisors surveyed in 2012 expect to continue selling variable annuities and to allocate 11 percent of their assets under management toward the products...

Specifically, only 35 percent of the advisors said they «most frequently recommend» variable annuities to their 50 - and 60 - year - old clients as part of their retirement plans.

Only 31 percent of advisors are currently using inverse ETFs, which allow investors to bet against a market index.

Asked about the greatest potential growth arena for ETFs, 43 percent of advisors cited 401 (k) plans and 27 percent singled out actively managed ETFs, a product that has only recently been introduced in the marketplace.

Reflecting that, 66 percent of advisors plan to recommend global investments as a core holding for many clients throughout the year.

«2017 Chairman's Level Advisor» Alp Atabek is proud to have been recognized as a Chairman's Level advisor for 2017 ---- a distinction based on annual production attained by just 3 percent of advisors affiliated with Commonwealth Financial Network.

You will find our «can do» spirit one of the many reasons keeping almost 100 percent of our advisors * here long term — ten years growing.

About 44 percent of advisors said that no more than 10 percent of their current portfolio of clients had asked them about approaches to life insurance that would be appropriate for them.

Not exact matches

And, though he admitted he consults «smart people» including his advisor, Bel Air's Todd Morgan, before making a substantial investment, «I'd say about 80 percent of the time, I'm correct,» Kenny G said.

The dilemma for Fidelity and Hartford, says Drew Nordlicht, partner and managing director of Hightower Advisors in San Diego, is whether to make subsequent investments at their own price threshold, or to use Blackrock's 20 percent higher valuation, which means a dilution of their own shares.

In a case of the proverbial cobbler's children being the worst shod, only 30 percent to 35 percent of financial advisors have a succession plan in place, David DeVoe, managing director and founder of San Francisco consulting firm and investment bank Devoe & Co., told attendees at Charles Schwab's IMPACT 2017 confab in Chicago.

Takuji Okubo of Japan Macro Advisors says the Bank of Japan could pursue new easing measures if it really aims for sustained 2 percent inflation.

About 90 percent of North Korea's trade is with China, and Chinese junket operators are well equipped to use the formal banking sector and informal financial networks created by the Chinese traders and small businessmen who've crisscrossed the world for 1,000 years, says Andrew Klebanow, a senior partner at Global Market Advisors LLC in Las Vegas.

How Much to Save The standard recommendation from financial advisors is to save 10 percent of your income.

For example, a study from Global X found that for 87 percent of millennials, also known as Gen Y, their most important expectation of an advisor was protecting their investments during a market downturn.

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.

The good news is that the number of survey respondents in the dark about their advisor's compensation has been dropping since 2011, when it was a staggering 65 percent.

The IRS RMD rules can be a bit confusing, and failing to satisfy your annual RMD can be expensive, costing you an excise - tax penalty of up to 50 percent on the amount not distributed as required, warns Manisha Thakor, director of Wealth Strategies for Women at Buckingham and The BAM Alliance, a community of more than 140 independent registered investment advisors throughout the country.

In a recent CNBC.com poll, 91 percent of respondents said it's important for advisors to have a succession plan.

Sadly, 40 percent of Gen Xers do not have a strategy for retirement and only a little more than one - third (39 percent) of Gen Xers work with an advisor, according to a TransAmerica Center study conducted in 2016.

Households that spend $ 50,000 at age 65 tend to see a decline by about 15 percent over the next 15 years and 20 percent by age 85, according to Jonathan Guyton, a certified financial planner and principal at Cornerstone Wealth Advisors, in an article in the Journal of Financial Planning.

With 70 percent of newly wealthy people going broke within a year, advisors caution clients to manage new money wisely — with their help.

from Sampling Effectiveness Advisors revealed that 73 percent of customers say they're more likely to try a new product after sampling it (tastings it, smelling it, and touching it).

«Say you're at that 24 to 25 percent tax bracket, all those dollars belong to you,» said Dan Yu, managing principal of EisnerAmper Wealth Advisors in New York.

My experience has been that, while people who work with an advisor may temporarily resist the value of prohibition, they still should heed the 70 percent lottery - winner - to - bankruptcy statistic from above so they can appreciate that money later.

Says Robb, «If an advisor costs you 5 percent of the amount you raise, it's a good value because that allows you to concentrate on the true cost and terms of the other 95 percent of the deal.»

Burgess pays 0.25 percent of assets managed to Betterment Institutional, the robo - advisor platform he uses.

Only a little more than one - quarter of those who work with an advisor (27 percent) had been told by the advisor how much their portfolios could lose if there were a market crash.

At Wealthfront — the largest robo - advisor, with $ 2 billion - plus in assets under management — 90 percent of the firm's 21,000 - plus accounts come from clients under age 50.

Depending on the volume of assets they're managing, financial advisors can pay upward of 0.65 percent to third - party managers.

The survey found that up to 57 percent of clients working with advisors will likely panic and sell in a crash.

Only 57 percent of investors (both those who have an advisor and those who don't) said they understand the term risk tolerance.

Of those investors whose advisors had talked to them about a crash, 62 percent believe their loss would be less than what their stated exposure to equities would suggest, the survey found.

Dollar General and Dollar Tree's Family Dollar division have signaled that food stamps account for roughly 5 percent of sales, according to Gordon Haskett Research Advisors analyst Chuck Grom.

As highlighted in the Final Regulatory Flexibility Act Analysis for the Fiduciary Rule, 96.2, 97.3, and 99.3 percent of BDs, Registered Investment Advisors, and Insurers respectively are estimated to meet the SBAs definition of small business.

The so - called robo - advisors had an estimated $ 8 billion in assets under management as of July, a 34 percent increase...

«By contrast, when advisors deliver frequent, effective communication and show progress toward goals, millennial likelihood of switching drops to just 17 percent.»

In Dallas, the suburban market occupancy level climbed to about 91 percent from 86 percent a few years ago and 82 percent in 1990, says Cheri White, CCIM, senior vice president of Davidson Conine Realty Advisors, Inc., in Dallas.

About 38 percent of millennial savers in the T. Rowe Price survey have employed an advisor in the past five years, including 11 percent who have used robo - advisors.

FlexJobs members get a 20 percent discount on either a one - on - one Advising session with one of Skilled Assets» expert career advisors, or on a 5 - Day Customized Brand Package (CBP).

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

On its website, the SSA says, «Social Security replaces about 40 percent of an average wage earner's income after retiring, and most financial advisors say retirees will need 70 percent or more of pre-retirement earnings to live comfortably.»

Study respondents who worked with an advisor (46 percent of pre-retirees; 57 percent of retirees) say their advisor recommends they change their investment strategy.

Sixty percent of millennials, ages 22 - 32, have changed jobs between one and four times in the last five years, according to State Street Global Advisors.