Bank Investment Consultant articles from September 2008

Bank Investment Consultant archives from September 2008

Stretch IRAs; Clients can use qualified retirement vehicles in estate plans to extend the tax advantage.(Financial Planing)
September 2, 2008... Byline: Ed Slott Should your client name a trust as the beneficiary of his or her individual retirement account (IRA) or company plan? That's one of the most common questions we receive from advisors and that advisors receive from their...

Desert Heat.(Branching Out in New Mexico)
September 2, 2008... BIC: What new opportunities are there in your territory? Ham: There's a large local military base and they're moving in F-22s here [Lockheed Martin/Boeing's Raptor fighter jet], which means more military personnel and more support people...

Inflation: The Not-So-Hidden Peril; With living costs rising frightfully fast advisors have a tough choice: React now or encourage clients to weather the storm.(Cover Story)
September 2, 2008... Byline: Joan Warner This ought to be a no-brainer. Consumers are struggling to pay their food and gas bills, the major commodities indexes have soared by more than 25% since January and rising raw materials costs are squeezing many...

Pursue Happiness; How a suicidal dentist took a chainsaw to his office and rebuilt it-putting quality of life first.(Driving Sales)
September 2, 2008... Byline: Bob Cobb What would your dream practice look like? For some it means making as much money as possible as quickly as possible. For others it's building a practice around a flexible schedule in order to have a more balanced quality...

Life Planning.(Editor's Letter)
September 2, 2008... Byline: Pamela Black Financial planning. It's a term that's bandied around a lot these days that is often used synonymously with bank brokerage. But it has a specific meaning, a very important one. Some of you who are already doing...

New Products.
September 2, 2008... ALTERNATIVES Customizable Asset Management Program Independent Portfolio Consultants and Metamorphosis Money Management (800) 346-4570; (303) 567-6492 www.ipcanswers.com; www.metam3.com EXCHANGE-TRADED PRODUCTS ...

Advisor Quality Is Key to Client Loyalty.(UpFront News)
September 2, 2008... Byline: Howard J. Stock Investment performance overtook financial advisor as the most important factor in client satisfaction, according to J.D. Power and Associates' latest Full Service Investor Satisfaction Study, released July 30. But...

HSAs Won't Help Retirees Much.(UpFront News)
September 2, 2008... Byline: Howard J. Stock Statutory contribution limits on health savings accounts (HSAs) mean that it's unlikely these products will play more than a minor role in covering medical costs during retirement, the Employee Benefit Research...

REITs Outperform Equities.(UpFront News)
September 2, 2008... Byline: Howard J. Stock While investors in real estate investment trusts (REITs) may not have hit the jackpot in the first half of this year, REITs certainly performed better than the embattled equities markets, according to an August...

Planning Gets Boost From Investor Fears.(UpFront News)
September 2, 2008... Byline: Howard J. Stock Most advisors' clients are afraid their assets won't produce enough income to support their retirement goals, according to SEI's "Keeping Clients Focused" survey of wealth managers. Only 10% of clients...

HNW Investors Cheer Alternatives.(UpFront News)
September 2, 2008... Byline: Howard J. Stock High-net-worth investors rated private equity, real estate investment trusts, venture capital, hedge funds commodities above traditional stocks, bonds and mutual funds, according to a survey of wealthy clients Bank...

Who's Rolling Over Their 401(k)s?(UpFront News)
September 2, 2008... Byline: Catherine McBreen and George Walper IRA rollovers represent a significant opportunity for advisors in the years ahead. Of the $489 billion eligible for rollover over the past year, about half, $245 billion, wound up in IRAs. And the...

Ear Candy.(Bankinvestmentconsultant.com)(Website overview)
September 2, 2008... As our new website, BankInvestmentConsultant.com, continues to evolve, we're able to bring you new tools and functions to help you serve your clients more efficiently. We know you're busy and we also know your free moments aren't always in...

The 529 Evolution; More college savings plans are are offering tax breaks to out-of-state investors.(Product Insight)
September 2, 2008... Byline: Rob Garver It has been quite a year for the normally unexciting world of 529 college savings plans. Between a landmark Supreme Court ruling on tax parity, market shocks that left the industry gasping and an ongoing consolidation of...

Building Trust; How one advisor took over a tiny bank's flagging trust operation and turned it into a successful hybrid investment program.(Producer Profile)
September 2, 2008... Byline: Howard J. Stock "I got a call from a banker asking me ifI wanted to run the trust department. I went with my wife to the library to research what it was a trust officer did!" That's how Brett Topham describes his entry into the...

10 Steps to Choosing a TPM; BIC's guide to finding the right third-party marketer for your bank.(Program Management)
September 2, 2008... Byline: Howard J. Stock For most banks, owning a broker-dealer subsidiary is a double-edged sword. Sure, you get to keep all the revenue-but you're also saddled with mounting compliance and technology costs. David Palozzola, program...