Keyword: cfa

SUMMIT TALK #7

The second day of the 2018 NAPA 401(k) SUMMIT is just as good as the first. We’ve got workshops on social media, profitably working with small plans, keeping your pipeline full, the evolution of TDFs, and ethics – and that’s just the beginning. Check it out.   Read More

Various Groups Back Fiduciary Proposal

While the comment letters opposing the Labor Department’s fiduciary proposal tend to be more “provocative” (particularly those submitted by “anonymous”), a fair number of the more than 900 comments received are strongly supportive of the measure in its current form — and then some.   Read More

Best of the Best: Leadership Award Finalist Henry Yoshida

Now in its seventh year, the 401(k) Advisor Leadership Award continues to recognize leadership, innovation and contributions to the retirement plan industry with the sales, marketing and establishment of 401(k) plans. This is the second of three profiles of the finalists for the 2014 NAPA 401(k) Leadership Award: Alliance Benefit Group Financial Services, represented by Bradley K. Arends, J.D.; Compass Financial Partners, represented by Kathleen A. Kelly, CRPS®, AIFA®; and Maresh Yoshida 401(k) Group, represented by Henry Yoshida, CFP®, CIMA®.   Read More

You Just Might Get What You Pay For

Use of “passively” managed target date funds in 401(k) plans is on the rise, driven primarily by lower fees. However, fees are only one component of investment value. In an investment world likely characterized by lower returns and increased volatility, the importance of risk management in achieving successful retirement outcomes will grow, says PIMCO’s John Miller. People saving for and nearing retirement cannot afford to be blind to the dangers embedded in passive target date funds, Miller believes — especially the risks associated with allocations to passively managed fixed income.   Read More

Avoiding Financially Dysfunctional Behavior

One of the challenges investment professionals face is figuring out effective ways of helping some clients become smarter about their decisions. This is key to offsetting what Nobel Laureate Robert C. Merton calls “financially dysfunctional behavior.” Merton was the keynote speaker at a gathering of researchers, educators, financial advisers and regulators to discuss how household financial decisions might be improved through a combination of better education, advice and oversight of business practices.   Read More