Archives for Wealth Management

Robots & Retirement: The Future of Financial Advice Could Be Digital

The online personal advising and personal wealth management company, Personal Capital, has added a new feature to its robotic platform: Retirement Paycheck. Retirement Paycheck is built into Personal Capital’s retirement planning tool and is designed to help clients create a tax-efficient retirement income strategy. Mark Henry, CEO of Alloy Wealth Management, weighed in on the discussion. He stated that the technology itself looks great, but would like it to address in simple terms how steady a retiree’s income really is against market volatility. “Think of it this way. If you need 5% out of your investment accounts to live on
Read More

Categories: Financial Planning and Wealth Management.

How the Rich Think About Their Wealth

The 2018 U.S. Trust Insights on Wealth and Worth® survey found that while increased wealth provides greater freedom, only half of high-net-worth individuals have a plan in place to optimize the opportunities their wealth provides. However, creating and continuously evolving a customized plan is the key to putting wealth into action.   Findings from a recent survey of high- and ultra-high-net-worth adults across the United States revealed that while increased wealth brought greater freedom to people, most felt they had still not optimized their opportunities for taking risks, pursuing passions, giving back and making a bigger impact on the world.
Read More

Categories: Wealth Management.