Financial planning news from around the web: Dec. 18 – 22, 2017

Written on Dec 19, 2017

In case you missed them, here are some recent interesting financial planning news items from around the web.

A payroll advance without a loan - Walmart experiments with on-demand pay
Payroll advances have been around as long as there have been employers and employees. Employers are reluctant to offer payroll advances for several reasons. But what if technology could make it simpler for an employee to gain access to the wages they've already earned?

What clients really think of advisors, in 6 charts
Advisors are benefiting from the stock market’s performance, research finds. But sometimes in bull markets, clients chose to invest on their own, according to some industry insiders.

Final tax bill gives pain, relief to financial advisers
Legislation would eliminate itemized deduction for investment advice fees, give income tax breaks depending how a business is structured, and allow for continued stock-sale flexibility

16 compliance trends to watch in the new year
Financial advisors face a slew of new regulatory issues in 2018, and when it comes to compliance, they're “better off changing the oil regularly than waiting for the engine to blow up.” That vivid warning comes from Todd Cipperman, founder of a consulting firm specializing in regulatory compliance.

Tech Corner - Why rebooting your router fixes so many problems (and why you have to wait 10 seconds)
The internet is down, but you know what to do: unplug your router or modem, wait 10 seconds, then plug it back in. It’s second nature at this point, but why does it actually work? And is there some magic to the 10 second number?

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