The number of female financial advisors continues to drop, in part because they remain underpaid compared to their male counterparts and because there are cultural barriers that persist at the executive level.
Affluent Americans may be confident they will have enough money to retire comfortably, but they may be underestimating what they will need to live on once they actually retire.
Nearly 90 percent of investors who use a financial advisor say the advice they receive plays an important or critical role in meeting their financial goals.
Middle income Baby Boomers would be less likely to save for retirement if taxes were increased or if tax incentives for retirement savings were reduced or eliminated.
Fee disclosure rules have had little to no impact on plan participants when it comes to knowing what they pay in fees and expenses on their defined contribution plans.