02 Jun 2017

Concerned About Jobs for the 21st Century? What About Retirement?

Robotics, automation, globalization, the Uber and gig economies have all captured the attention of anyone planning a career or their life over the future decades, but what is missing is the link between these new definitions of work and what happens when work ends. It would be logical to assume

Chuck Epstein 0
23 Jan 2017

Trump Moves to Repeal the Pro-Investor Fiduciary Standard

Despite its claims to be for “all Americans,” the Trump Administration is moving fast to repeal the historic pro-investor fiduciary ruling that let’s 401(k) investors know the fees, expenses and conflicts-of-interest their financial advisor and 401(k) providers are receiving when selling them mutual funds and annuities for their retirement accounts.

Chuck Epstein 0
02 Jan 2017

Fees, Revenue Sharing and Deregulation: How the New Trump Plan Will Raise Retirement Costs

The Republicans have never hid their distain for regulation and now with the surprise victory of Donald Trump and his arch conservative vice president, the simmering Republican distain for reversing all things from the 1930’s New Deal will are going to be reviewed and partially reversed . This will take

Chuck Epstein 0
28 Nov 2016

Financial Professionals Must Acknowledge the Dangers of Financial Stress

For decades, investment professionals have focused on wealth management, trading, selling funds products and 401(k)s, but there has always been one glaring omission: These same professionals have intentionally avoided the millions of Americans who live paycheck to paycheck and have no savings. And since they are unable to participate in

Chuck Epstein 0
04 Jun 2016

Trump’s Attack of “Mexican” Judge Similar to His Attack on Securities Analyst in 1990

Republican Presidential Candidate Donald Trump’s public vindictiveness and pettiness should be well-known to the American public by now. In the most recent episode (and there will be more to come), Trump criticized Judge Gonzalo Curiel, who is presiding over one of the cases against Trump University and who this week

Chuck Epstein 0
22 May 2016

Time for Outsiders To Emerge in the Financial Services Industry

Being a political outsider has captured the attention of the American electorate in the last decade or so and is now been credited with generating a fundamental re-assessment of the national political establishment.  Now, it’s time for outsiders to emerge in the financial services industry. Why? Simply because the “financial services industry,” a term

Chuck Epstein 1
18 May 2016

New Overtime Pay Rules for Workers Should Benefit Financial Advisors

Today’s decision by the US Department of Labor to authorize overtime payments for certain workers to boost their net take home pay is good news for financial planners. Under the new rules, almost all workers earning salaries beneath the “overtime salary threshold” of $23,660 are entitled to time-and-a-half pay whenever

Chuck Epstein 0
10 May 2016

6 Ways Investors Will Benefit From Changes in the Financial Industry

Changes in technology, politics and regulations are converging to bring new changes to the financial industry. And in a rare move, all of these present new benefits to average investors. What makes these changes noteworthy are that they are forcing the very conservative, often anti-investor financial services industry, to essentially give investors

Chuck Epstein 0
12 Apr 2016

The Average Investor’s Guide to the New DOL Fiduciary Regulations

The U.S. Department of Labor (DOL) has done a yeoman’s job of tentatively passing new a new set of regulations that will benefit individual investors from the conflicts-of-interest that are too common in the financial advisor business. But in order to get the revolutionary new regulations passed, the DOL had

Chuck Epstein 0
09 Feb 2016

Sanders’ Claim That The “The business model of Wall Street is fraud” Goes Unchallenged by Wall Street

“The business model of Wall Street is fraud.” or, to put it another way, “The business model of Wall Street is conflict-of-interests.” By far, the most pointed statement made so far in the 2016 presidential campaign (at least, as far as the financial services industry is concerned) has been the single

Chuck Epstein 0