With only some reservation, most advisors expect Trump’s tax plan to benefit their clients, as well as their own businesses, according to a WealthManagement.com flash poll.
A recent survey by asset manager Natixis showed 68 percent of investors feel financially secure, but perhaps that's because they are delusional about the expected returns of their portfolios. In the same survey of 750 individual investors across the U.S., the average investor said they needed annualized returns of 8.9 percent above inflation to meet their financial goals. That return is more than 50 percent higher than the 5.9 percent financial professionals think is achievable ... Husson University Gets Nod From CFP Board The CFP Board has approved a new financial planning degree program at Husson University, a private university in Bangor, Maine. Students who earn the Bachelor of Science in business administration with a concentration in financial planning can now sit for the CFP certification exam. ... New Jersey Financial Advisor Admits to Stealing $890K A financial advisor from Hainesport, N.J. admitted, in state Superior Court, to stealing nearly a million dollars from a client. Brian Murphy, 46, pled guilty last week to misapplication of entrusted property and failure to pay state income taxes. He is required to make full restitution to his victim, forever give up his financial licenses and faces possibly seven years in prison. ...
You are subscribed to this newsletter as [email protected] Questions or problems? Contact Customer Service Wealth Management | Penton | 1166 Avenue of the Americas, 10th Floor | New York, NY 10036 Copyright 2017, Penton. All rights reserved.