According to a Morningstar report, many investors expecting a recession took “imprudent” actions, and most turned to sources other than advisors for help.
To find out how much financial advisors really make in a variety of U.S. locations, a recent study compared the cost of living and tax burden in 126 cities with its median financial advisor salary.
One-third of advisors told J.D. Power that they “probably will” be working at their current firm in the next one to two years.
A new paper from BlackRock and the Bipartisan Policy Center suggests that there are actions that advisors and investors can take to increase the amount of money available in retirement.