The number of affluent who turn to their credit union or bank for their investment and insurance needs is low, according to a Prudential Financial study.
As a retiring population’s wealth management goals shift from accumulation to decumulation, the wealth management industry is struggling to catch up, according to a new Aite Group report.
Think firm says investment advisers grappling with changes since 2008.
Many of us wish we had a crystal ball we could use to provide us with the answers to many of life’s questions. In many respects, our members feel the same way.
Beating out 750 other financial institutions, Mountain America Credit Union has been named LPL Financial’s 2011 investment program of the year.
With more than $350 billion in assets, affluent investors unhappy with their current employer-sponsored retirement plans have no misgivings about moving their funds elsewhere.
At Visions Federal Credit Union, the face of wealth has taken on different and nontraditional features.
The idea came from someone who worked with the state of North Carolina’s retirement division and who also served on the advisory board at one of State Employees’ Credit Union.
As investors recover from the economic meltdown of 2007 through 2009, they are anxious to find attractive investment returns.
Some members may be among those investors that are still skittish about risk when it comes to their investment choices and if they are adequately prepared to retire.