RetireOne’s partnership with FIDx is featured in an article by Diana Britton on WealthManagement.com. Titled “FIDx Partners with RetireOne,” the article describes how RetireOne’s role as outsourced insurance desk on the Envestnet Insurance Exchange will make it easier for RIAs and their wealth platforms to connect with providers. Noting that this partnership comes on the...Continue Reading
The Alliance helps Ease the Way for Registered Investment Advisers to Integrate Insurance Planning into Service & Advice for Clients BERWYN, Pa., May 14, 2020 — FIDx, a product-agnostic platform that integrates the benefits of insurance seamlessly alongside investment products, today announced a strategic partnership with RetireOne, the insurance and annuity back office for more than...Continue Reading
The unexpected Gift of Social Distancing The age of social distancing has given me an unexpected gift. I’ve found that I actually have some extra time on my (very clean) hands every day. Aside from the home schooling (math is my strong suit), there’s nothing new that’s been added to my plate. I do mostly...Continue Reading
What is sequence of returns risk, and why is it so important to understand during this bear market? In a March 2020 article for Barron’s, journalist Neal Templin explores the impact this risk may have on retirees and near-retirees. Templin also describes some potential actions investors may take to minimize the potential negative consequences a...Continue Reading
Sequence of returns risk (“SOR”), the risk that markets may go south as retirees begin taking income, is a well-publicized phenomenon. Though, because of its recency, Moshe Milevsky laments that it lacks a true measure or definition. In this report for Jackson he suggests a standardized measure—a sort of Richter scale for SOR that attempts to...Continue Reading
The last five working years and first five in retirement can be fraught with risk for American savers. During this “fragile decade” a bad sequence of returns can have a negative and lasting impact on client portfolios, and threaten the ability to make retirement savings last. For instance, a client who suffers a 33 percent...Continue Reading
Markets reacted terribly to news of the Corona Virus hitting American shores last week. Stocks suffered their largest weekly loss since 2008. Antsy, nervous, excited—whatever you want to call it—folks are on the defensive. Markets are volatile. But where can they, especially retirees, find shelter? Conventional wisdom says that retirees should shoulder less risk by...Continue Reading
The Contingent Deferred Annuity (“CDA”) is a step forward in efforts to creatively meet the income needs of retirees. In the February 2020 issue of Bob Veres’ popular Inside Information newsletter, Bob calls it “One of the most interesting solutions to the SECURE Act requirement that qualified plans offer income guarantee options.” These guarantee options,...Continue Reading
This…is 2020, Fear of Bears, Schwabitrade, SECURE Act, How RIAs do Insurance, Louisville Slugging, Celebrating the Life of Dennis Collins The last quarter was huge for RetireOne. We integrated with Covr Financial Technologies and acquired the EF Legacy Securities broker-dealer from Edelman Financial Engines. Covr grew our insurance offerings, and the EFLS deal pushed us...Continue Reading
