I’m writing to ask why the advisory profession isn’t set up to provide more human-oriented support to advisors who are trying to transition.

The question you are asking about AI (“Will AI replace me?”) is wrong. The right one is this…

High-yield investors beware. Junk bonds that were financed at low, fixed rates will eventually mature and, according to Jeffrey Gundlach, weak issuers that cannot refinance at higher rates will default.

I will explain what ChatGPT is beyond the headlines, and its capabilities and limitations. I will then share a use case in wealth management and explore whether it will replace human financial advisors.

Junior debt issued by banks is normally one of the riskiest types of fixed-income in the US and Europe. It’s typically not backed by collateral and in the event of a crisis it only gets paid back after other bonds.

As automakers seek stakes in lithium miners to lock in supplies for electric-vehicle batteries, they’re following a path already forged by their shareholders.

Alessio de Longis spent the last three months loading up on risk in his $1.1 billion Invesco Global Allocation Fund. Now, he’s winding down those positions and reversing course back to safety.

Yep, you read that right. I’m about to teach you how to get new clients for less than $10 a month.

You know you have a non-ideal client when…

The landscape for M&A and recruitment in the advisory profession will continue to be strong.

US job growth probably moderated last month after a blistering January pace, while the unemployment rate likely held at a 53-year low, illustrating a labor market that’s proved mostly impervious to the Federal Reserve’s massive interest-rate hikes.

The crypto world’s eyes will once again turn to Washington on Tuesday as oral arguments begin in Grayscale Investments’s lawsuit against the US Securities and Exchange Commission. The case is being argued in the D.C. Court of Appeals.

I took ChatGPT for a test drive by directing it to write an article summarizing important tax rule changes introduced by SECURE Act 2.0. The essay it produced was an epic failure.

Bob met with two of Advisor Perspectives’ authors last week.

Before making a hedge fund investment, investors and their advisors should consider four key questions.

Machine learning shows great promise for empirical asset pricing and has the potential to improve our understanding of expected asset returns.

Any of the variable spending strategies I analyzed will reduce sequence risk in retirement and allow for greater initial spending rates, potentially greater average spending amounts, and a generally more efficient spenddown of assets than the baseline constant inflation-adjusted spending rule.

Forget ChatGPT, going independent or podcasts. The hottest trend growth-oriented advisors must know is the rise of the fractional marketer.

With bonds and stocks once again falling in unison, cash is the ultimate refuge.

The fixed-income market’s unblemished record of striking fear into the hearts of equity traders is in danger.

Hedge funds and proprietary trading firms are beefing up agricultural markets expertise by hiring traders as big swings in prices have made even relatively niche corners of commodities trading lucrative during the past year.

The Federal Reserve said that further interest-rate hikes would be required to restore price stability.

It’s a time-honored tale. A new force enters the market — quantitative easing, leveraged ETFs, high-frequency trading — and a cottage industry on Wall Street is born devoted to exposing the risks it supposedly poses for investors.

In the finance industry, the word “compliance” garners a negative connotation. Indeed, it conjures images of being paddled by a schoolteacher.

With Denzel Washington, it’s not that no other actor can play the roles he plays – it’s that no other actor can play them quite like him.

There’s one strategy that is not only a great wealth-building solution but is also triple tax-advantaged…

Maybe UFOs are carrying wealthy aliens wanting to buy a lot of stuff and boost our economy. More likely, those forecasting a no landing have a false sense of optimism that the economy will continue to be resilient.

The US 30-year yield rose to the highest level since Nov. 16, Thursday, joining the rest of the Treasury market in offering investors a return of at least 4% after another batch of strong labor-market data.

Whether you’re a lover or loather of Jim Cramer — and on both Wall Street and Main Street, there are plenty of each — you’re now able to express that view via the magic of ETFs.

China has pledged to invest an additional $1.9 billion in the country’s biggest maker of memory chips, a deal that may herald a renewed influx of government capital into an industry hemmed in by US sanctions.

In telling their stories about how the future is bright for stocks, bulls point to solid earnings to justify the optimism. But cracks are forming in that narrative — in the trajectory of profits, and just as worryingly in the makeup of the profits themselves.

January’s optimism about the bond market seems like a long time ago.

The US Supreme Court’s conservative majority cast doubt on President Joe Biden’s plan to slash the student debt of more than 40 million people, imperiling one of his signature initiatives in a high-stakes showdown over presidential power.

OpenAI is making its ChatGPT tool available to companies to incorporate into their own apps as it seeks commercial uses for the wildly popular chatbot.

I want to offer some tips if you are considering coaching or training for your important team members.

While our individual attitudes about money aren’t always harmful, my ability to serve my clients is enhanced when we work together to examine – and where necessary challenge – beliefs about money that may be holding them back.

Stop burning up fuel and generating heat in the lower gears, doing general marketing activities that only attract more non-ideal clients and overload your system.

Do we have to sit around and hope Alzheimer’s doesn’t afflict us, or can we do anything to skew the odds in our favor?

Scores of counties offer a free monitoring service to taxpayers if a new need is filed for a property.

The stock market’s resurgent enthusiasm for Tesla Inc. is poised for a test Wednesday when Elon Musk unveils his latest and much-hyped “master plan” for the electric-vehicle maker.

US homebuyers are increasingly paying in cash. The share of all-cash deals rose to the highest since 2013 last year, while institutional investors, who usually account for many cash sales, retreated, according to data from real estate data analytics firm Attom. That suggests more regular buyers turned to self funding to dodge punishing mortgage rates.

The asset management industry is overlooking what promises to be a major new ESG risk: biodiversity.

In just one month, emerging Asian assets have gone from a buy to sell. And all signs point to continued caution as March draws near.

If you’re a wealth manager looking to purchase CRM software, consider a few essential items to set yourself up for seamless integration and tech stack success.

Turbulent equity markets and lofty bond yields has cash back in high demand.

I’ve identified five core competencies that help firms run more efficiently and effectively. Here is a bit about each and how your CRM can help.

For the first time in decades, Wall Street strategists are collectively pessimistic about the stock market over the coming year.

Consumers want meaningful connections, authenticity, and value from credible sources, whether or not they have “celebrity” status.

As we begin 2023 and you think about how you want to market your financial advisory business, my number one tip is this…

Here are the top three trends that will affect ETFs in 2023.