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 score to AA+. Whereas the downgrade has made headlines and is perhaps startling to advisory shoppers (significantly these with important portfolio allocations to U.S. Treasury securities), some observers recommend 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, no less than within the close to time period.
Additionally in trade information this week:
- RIA M&A exercise fell within the second quarter in comparison with the identical interval final 12 months amid rising financing prices, although continued personal fairness curiosity within the RIA area might assist buoy deal quantity going ahead
- In keeping with a current survey, RIAs seem like taking a defensive method 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 consumer testimonials and different alternatives provided by the rule
From there, we’ve a number of articles on advisory agency hiring practices:
- A current examine explores what new advisors are in search of from their companies and the way coaching and mentorship applications might play an essential position in boosting advisor retention charges
- Why crafting an applicant-centric job posting and casting a large web throughout hiring platforms may also help companies increase the variety of certified candidates they entice when wanting so as to add expertise
- Ways companies can use to draw a extra numerous pool of job candidates and the potential enterprise advantages of doing so
We even have quite a lot of articles on retirement planning:
- Why widespread advisor considerations about Monte Carlo evaluation are extra concerning the software program instruments they use slightly than the method itself
- How advisors is perhaps underestimating the longevity of their shoppers, significantly those that are wholesome and have already reached retirement age
- A analysis examine means that “psychological possession” and loss aversion might be driving many people to say Social Safety advantages early regardless of the potential monetary downsides of doing so
We wrap up with 3 last articles, all about office tradition:
- How people are likely to underestimate how a lot their colleagues, associates, 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 ‘gentle’ studying!