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News Round-Up: May 9, 2015

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Welcome to our News Round-Up!  Here, we’ll share with you interesting news in interesting ways, giving you a snapshot of a few of last week’s headlines and events to get you caught up on what’s going on both here and abroad.

May 9, 2015

Quote of the Week:


  • “Trust is the soul of financial planning – and that can’t be replaced by a robo advisor.” – Bill Bachrach. Bill was one of the great speakers that was featured at this year’s eMoney Advisor Summit in Carlsbad, CA. The three day event wrapped up yesterday and was a huge success. Our biggest thanks go out to everyone who made it to the Omni La Costa to share their knowledge and learn how to grow their business!

On Your Business:


  • Love and marriage… Here’s some food for thought from FA-Mag.com’s Karen Demasters: As wedding season rolls on, it’s a good idea for you to remind your soon-to-be married clients that their credit scores won’t change once they tie the knot. While it may be common knowledge to some, a surprising amount of people aren’t aware of this. Check out Demasters’ full article for the scoop, plus an expert’s opinion on the matter.

On the Industry:


  • Summit = Success eMoney’s first-ever eMoney Advisor Summit is finally in the books. The event, which hosted over 400 advisors and other industry professionals, was a huge hit among attendees. Featuring dynamic speakers like Jeremy Gutsche, Bill Bachrach, and others, advisors learned how to leverage modern technology to build stronger relationships with their clients. The event also had a full roster of eMoney partners, who shared with advisors how their products–and their integration with emX–can take their businesses to the next level.

On Technology:


  • Cutting long-term-care costs is going to get a lot easier. Here’s a bit of good news for you: Technology is letting the infirm elderly live in their homes longer than ever before. The result? Less time spent in an assisted living facility, and a significant reduction in the cost of long-term care. This info came from Majorie Skubic, an elder care expert who shared her findings with the U.S. Senate special committee on aging.

On the Economy:


  • Party differences are pushed to the side for this money-making strategies. CNBC’s Millionaire Survey had one surprising finding: 32% of millionaire investing dollars are in financial stocks. This figure is up from 21% last year, and is reflected across the political spectrum – whether Republican or Democrat, these investors are unified in their philosophy on this particular matter.

On the World:



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