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February 14, 2013
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Financial and wealth management news for the retirement community

  Top News 
  • Report cites a decade of growth for 401(k) balances
    Average 401(k) balances increased by 324% on average over the past decade for investors who stayed in the same company plan, a report from Fidelity Investments says. The increase came even as stocks tumbled during the financial crisis. In the same period, the S&P 500 Index gained 62%. Reuters (2/13) LinkedInFacebookTwitterEmail this Story
  Industry Update 
  On the Economy 
  • Report cites Q4 housing gains in U.S.
    A National Association of Realtors report indicates further recovery in the housing market, with prices up in nearly 90% of U.S. cities in the fourth quarter. The national median home price of $178,900 was up 10% compared with the fourth quarter of 2011, marking the biggest year-over-year gain since 2005. Bloomberg (2/12) LinkedInFacebookTwitterEmail this Story
  Building Your Practice 
  • Survey: Advisers' compensation is up 4% since 2010
    Annual pay for sole practitioners at financial-planning practices has risen to $98,049 on average, an increase of about 4% over 2010 figures, according to a survey by the Financial Planning Association. "The findings ... mirror the growth of our profession and the economy," said Lauren Schadle, the group's CEO. The survey also found that the number of client households served and the practitioner's experience and certifications positively affect advisers' income. (2/12) LinkedInFacebookTwitterEmail this Story
Continuity gives us roots; change gives us branches, letting us stretch and grow and reach new heights."
--Pauline Kezer,
American politician

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