July 2016 Newsletter [PDF]
- What the New Federal Fiduciary Rule Means to Investors?
In April, the U.S. Department of Labor (DOL) made headlines with its final rule covering conflicts of interest among investment advisers. The new rules also have a message for investors, especially those who rely upon an advisor. This lesson may not be astounding but it’s worth keeping in mind: You should know what investment advice is costing and whether you’re getting your money’s worth.
- ETFs Can Be Plain or Fancy
Typically, pools of securities that trade like stocks. From virtually nowhere, exchange-traded products have grown to over $3 trillion in assets. A small portion of these products are exchange-traded notes (ETNs), but most are exchange-traded funds. Many supporters of a fiduciary standard for advisors believe that the new rules favor ETFs as being in the best interests of many investors.
- Disaster Planning Versus Succession Planning
Business owners should have an exit strategy: a plan for the time when they’re either unwilling or unable to keep running their company. Often, that planning can include a current disaster plan for relatively young business owners and a future long-term succession plan for a smooth path to retirement.
- July Tax Calendar
Use our handy Tax Calendar for important dates and reminders for July, 2016.