Weekend Studying For Monetary Planners (August 5-6)

Benefit from the present installment of “Weekend Studying For Monetary Planners” – this week’s version kicks off with the information that credit score rankings company Fitch on Tuesday downgraded its evaluation of the U.S. authorities’s creditworthiness from an AAA ranking to AA+. Whereas the downgrade has made headlines and is perhaps startling to advisory purchasers (significantly these with important portfolio allocations to U.S. Treasury securities), some observers counsel that the components cited by Fitch for the downgrade (from the rising nationwide debt to the current debt ceiling standoff in Congress) don’t essentially portend a default, at the least within the close to time period.  

Additionally in business information this week:

  • RIA M&A exercise fell within the second quarter in comparison with the identical interval final yr amid rising financing prices, although continued non-public fairness curiosity within the RIA house may assist buoy deal quantity going ahead
  • In response to a current survey, RIAs look like taking a defensive strategy towards the SEC’s new advertising rule, with many companies altering their advertising supplies to be in compliance with its provisions and few companies increasing their use of shopper testimonials and different alternatives provided by the rule 

From there, we’ve got a number of articles on advisory agency hiring practices:

  • A current research explores what new advisors are in search of from their companies and the way coaching and mentorship packages may play an essential position in boosting advisor retention charges
  • Why crafting an applicant-centric job posting and casting a large internet throughout hiring platforms may also help companies increase the variety of certified candidates they appeal to when trying so as to add expertise 
  • Techniques companies can use to draw a extra various pool of job candidates and the potential enterprise advantages of doing so 

We even have plenty of articles on retirement planning:

  • Why widespread advisor issues about Monte Carlo evaluation are extra concerning the software program instruments they use slightly than the approach itself
  • How advisors is perhaps underestimating the longevity of their purchasers, significantly those that are wholesome and have already reached retirement age
  • A analysis research means that “psychological possession” and loss aversion could possibly be driving many people to assert Social Safety advantages early regardless of the potential monetary downsides of doing so

We wrap up with 3 remaining articles, all about office tradition:

  • How people are likely to underestimate how a lot their colleagues, buddies, and companions need their suggestions 
  • Why understanding and leveraging worker work fashion preferences can create simpler groups
  • How being intentional and versatile when designing workspaces can promote productiveness and wellbeing

Benefit from the ‘mild’ studying!

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