Written by Washington, President-elect Donald Trump has chosen Howard Lutnick, head of brokerage and investment bank Cantor Fitzgerald and a cryptocurrency enthusiast, as his nominee for commerce secretary, a position in which he’d have a key role in carrying out Trump’s plans to raise and enforce tariffs. Lutnick is a co-chair of Trump’s transition team, along with […]
The title is what I'm wondering, currently have a roth ira with Northwestern Mutual (and want to leave them) to go with Fidelity or Vanguard. I don't have enough to qualify for a advisor or team of advisor and I do not want to invest entirely on my own with whoever I go with. What […]
Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Not all financial advisors are created equal. Nearly anyone can give financial advice, but how do you know that the advice they’re giving you is reliable and best fits your needs? When entrusting a […]
For many years, the traditional career track for financial advisors has been an ‘eat what you kill’ model – where advisors must independently find, convert, and manage their own clients. As such, it isn’t uncommon for an advisor’s first few years to be characterized by long hours, high rejection rates, and low pay. For many, […]
Financial advisor conferences are not what they used to be. Once the domain of membership associations that, especially amongst independent financial advisors, created a central space for networking and community, conferences were primarily built around professional development (i.e., continuing education) and often held a space for the vendors who served those advisors, with organizations like […]
While the financial advice industry has transformed in many ways over the past several decades, one aspect that has remained relatively constant is the use of the Assets Under Management (AUM) fee model as a common way for many advisors to get paid. Though in practice, while a 1% AUM fee is a common ‘starting […]
AI music generator Suno is one of the most controversial entities in the music business today. In June, the $500 million company was sued by the major record companies, along with fellow AI firm Udio, for allegedly training their systems using the majors’ recordings without permission – an accusation they pretty much admitted to in […]