TAMPs

Annuities are a popular way to supplement retirement income, provide tax-deferred growth and assist in legacy planning. But what are your clients' options when an annuity no longer serves them well?

Faith-based investing is not wholly different than traditional secular investing. The objective is to invest with purpose and deliver compelling returns at a desirable level of risk which directly tie to investor goals. Faith-based investing differs only in the manner in which those investor goals are pursued;

It may sound like a lot to ensure that the kite stays in the air – but just as you can’t predict the weather 100% accurately, investors can’t predict the future or which stocks to choose or time the market. Because of this, it is important to know your desired risk tolerance, and invest in a portfolio that is rebalanced systematically to maintain that level of risk.

This buys Fed policymakers time, albeit limited, to evaluate the cumulative effects of what is now a 15-month long, 500 basis point tightening campaign. Markets are quickly turning their attention to the July policy meeting, following a hawkish post meeting press conference where Fed Chair Jerome Powell reinforced the potential for further hikes in 2023.

The key to success is to make thoughtful, vetted investment decisions that match your client’s portfolio risk to their risk tolerance and remain consistent over time. These rules are not new to financial advisors, but that does not mean that today’s investment platforms make them easy to implement. A digital wealth management platform helps you to accomplish these goals.

Most TAMPs are very similar and provide the software and tools needed for CPA Financial Planners to execute trading management, billing, reconciliation and reporting, client relationship management, financial planning, and more. That's why partner choice revolves more around expertise and the fine details.

The first generation of TAMPs were a timely solution for the newly independent fee-based advisors, yet they were rigid in structure. Early TAMPs controlled the direct relationship with the custodian, oftentimes resulting in inefficient communication and clunky custodial service for the end-user advisors and their clients.