One of the big takeaways in this issue of Financial Planning magazine is that the Bob Veres columnist is really not a huge fan of nontraded REITs. Beyond that, it's surprising that there isn't a lot more discussion in the profession about the behavior of the CFP Board, which (as Ann Marsh points out in an article that seems to me to ask all the right questions) has been extremely inconsistent in its enforcement of advisors telling the truth about their compensation model, and is advertising to the general public that advisors are fiduciaries when there is actually no such requirement for many who hold the designation. At best, this is extremely sloppy for the standards-setting organization, which is not ideal if we want the CFP designation to become recognized alongside the CPA (and PFS) and MD credentials. But what can be done about it?
Also in this issue we find the 2013 technology survey, which is always interesting for the information it gives about market share in different software categories (CRM, financial planning, etc.), and about trends among advisors. The most depressing news is that many commission-compensated advisors don't use a financial planning program in their office, and many advisors still think Outlook is a CRM program.
You should also look at Allan Roth's article on the potential impact of rising bond rates, and the Martin Shenkman article on estate planning decisions advisors can and should make with their clients this year.
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