(Lowell Pratt, President of Burney Advisor Services) Few of my parent’s generation invested in stocks. Most worked for companies that provided pensions and socked their savings away in banks. During my generation pensions were replaced by 401(k) plans and overnight, regular people had to become effective investors. As expected, many failed and now those “thrown into the deep end” souls are retiring with inadequate resources. The purpose of this book is to address that.
Read the whole thing here.
January 22, 2023
More Articles
Finra Suspended and Fined LPL Financial Advisor For Recommending an Unsuitable, Complex Mortgage-Backed Security to a 95-Year-Old
Recent disciplinary action by the underscores the importance of ensuring product suitability—especially when serving elderly clients.
Bessent Urges Fed to Lower Rates by 150 Basis Points or More
US Treasury Secretary Bessent made his most explicit call yet for the Federal Reserve to execute a cycle of interest-rate cuts.