Personal Finance Advice and Commentary

Both retirees and near-retirees are more optimistic when they have saved at least a half-million dollars.

I’m a minimalist when it comes to banking. Basically, I just want low fees, a debit card that works and a customer service rep to answer the phone when it doesn’t. I only go to the ATM about once a month and into a branch about once every six months or so. In other words, my

Does your financial adviser see your retirement investments in the same way you do? If he or she doesn’t, join the club. MFS Investment Management surveyed its advisers separately from customers and concluded that there were substantial differences in the way the two groups viewed even the basics of investing. Twenty percent of advisers think a

Would you like to follow your investment advisor on Twitter or friend your stockbroker on Facebook? More than likely, you can’t do that just yet. But not because financial advisers and brokers aren’t interested in social media. The financial services industry is pretty heavily regulated in the way that brokers and financial advisors can interact with their

A new survey has found that nearly half of investors trusted their financial services company less in 2010 than they did in 2009. It’s no great mystery why investors would be fed up with the antics of big banks and investment firms but the survey asked anyway. The Edelman Trust in U.S. Financial Services Survey found