The Latest From Washington: By Dani Kehoe, Counsel to NAIFA

The partial government shut-down—and the knots it’s tying Washington into—persists. But some of the federal government is funded (e.g.,the Department of Labor (DOL) and the Tax Cuts and Jobs Act (TCJA) reg-writing function at the Treasury Department), and so there was some substantive activity last week – including finalization of the pass-through business income deduction…

Will Robo Advisors Replace Financial Advisors?

The Kaplan team recently attended the think2perform Evolution of the Financial Advisory Practice conference in Minneapolis to learn more about key issues in financial advising. One major topic of focus was the place of robo advisors in the future of the industry. Will robo advisors replace financial advisors? ActFi’s Spencer Siegel enthusiastically argued that they…