YeBu in the Media: “The Boom for Alts Training is Here”
A recent article by Miriam Rozen on Financial-Planning.com asserts that alternative investments are rapidly becoming of more interest to advisors. As a result of the booming interest, Rozen explains that many advisors are committing to lengthy training programs to efficiently educate themselves and their Clients on the details of the investments. Dave contributed his thoughts for the article noting several reasons why Yeske Buie is skeptical about alternative investment products. Read on for Dave’s contributions and the full article.
Changes to Schwab Cash Features: Be on the Lookout
This Fall, Schwab is making some changes to expand the eligibility for their Schwab Bank Sweep feature. To preface, this change does not require any action on your part; our purpose in sharing this information is so you can be aware of the changes and the communication you can expect to receive from Schwab. For more detail, the previous policy allowed only new accounts opened after October 1, 2014 with a household balance of less than $500,000 to be eligible for automatic enrollment in the Schwab Bank Sweep feature. The current change will expand the eligibility of this feature to include all accounts opened prior to October 1, 2014. Accordingly, Schwab will make this change for all applicable Yeske Buie accounts. If the change affects your accounts, you will receive a confirmation letter from Schwab otherwise, you will not receive anything from Schwab regarding this matter. As always, please do not hesitate to contact us if you have any questions!
At Yeske Buie, our purpose is to empower people to pursue their Live Big® lives. And our greatest strength is our dedicated team of professionals, led by our two founders, who between them have over 70 years of combined experience practicing financial planning and leading the profession.