Laura Hall | April 25, 2017
One of the first actions taken by the new Administration was to rescind the new fiduciary rule for retirement accounts that was to be phased in beginning April 10, 2017, with final implementation by January 1, 2018. The rule was designed to ensure that recommendations by financial advisors were made in the best interests of their clients without any conflicts of interest.
That new fiduciary rule was years in development. The Department of Labor proposed the rule on April 20, 2015, announced the final rule on April 6, 2016, and formally published the rule on April 8, 2016. You may be wondering if rescinding the rule will impact your retirement accounts with REDW Stanley. Read more. Read More
REDW Stanley Financial Advisors | April 12, 2017
President Trump certainly elicits strong emotions from a large percentage of the population. In the days following the election, many equity markets went up in value. Generally, the policies of the new President were viewed as positive for economic growth. As economic data continued to improve since November of 2016 both domestically and globally, capital markets continued to improve. With the new Congress, we have begun to learn that legislative change does not necessarily go easily.
Politics, policies, and economic growth certainly intersect, and it is easy to allow one’s political leanings to overly influence investing decisions or outlook. What then are the broad principles that should be used in evaluating policies? Read more. Read More
Laura Hall | January 27, 2017
We’ve recently had a number of REDW Stanley clients object to our established process for wiring money—calling it “convoluted” or “so not a part of the 21st century” because it’s still largely paper- and people-based. But while I do agree the process may seem overly complicated or outdated, there are very good reasons why this is so—and they all have to do with protecting our clients. Read more. Read More
Daniel Yu | January 13, 2017
For our entire history as a nation we have debated the question, “How much authority should be centralized?” This discussion is not limited to the US, but is global in nature. After the 2008 crisis, many argued that economic decision-making needed to be increasingly regulated and centralized.
As the recovery that started in 2009 failed to reach historic averages, questions arose over whether or not the amount of regulation and centralization was too much. In 2016, two events demonstrated the level of discontent with the “new normal.” Read more. Read More