American Confidence in Financial Situation Drops in 2015

Desire to Take Responsibility for Own Retirement Conflicts with Feelings of Investor Inexperience

(Rye, NY) – For the second year in a row, Americans feel less confident about their financial situation with only 13% of households saying they are “confident, comfortable and secure” about their finances, and only one in three working Americans[1] saying their retirement savings are on track, according to a new study by Hearts & Wallets, the preeminent research platform for consumer savings and investing insights.

The study, Investor Mindset: Attitudes, Concerns, Beliefs & Goals, one of 10 sections of the Hearts & Wallets’ 2015 Investor Quantitative Database,™ provides a comprehensive overview of American family finances and investor buying patterns. Findings reveal one in three households have moderate to high anxiety in 2015 as compared to about one in four in 2013. The increase is driven by those with less than $100,000 in investable assets, but concerns are up across all income segments. Read More→

Most Asset Managers Still Generating Positive DCIO Net Sales Amid Mounting Obstacles to Growth and Profits

Target-Dates, Intense Fee Focus Creates Tough Environment for Active Managers

(Rye, NY) – Hearts & Wallets’ ninth The State of DCIO Distribution in-depth research study reveals a Defined Contribution (DC) market that is strong and growing on its surface, with positive net sales for the majority of firms surveyed, but considerable turmoil lurking just underneath.

In the first half of 2015, 70 percent of the 30 asset managers surveyed recorded positive net sales. This is a marked improvement over full-year 2014, when only 54 percent of managers had positive net flows, but 2014 was a historically bad year. Defined Contribution Investment-Only (DCIO) sales improvements have not reached levels seen prior to 2013, when 80 percent or more of managers regularly produced net sales “in the black.”  Read More→

Full-Service Firms Lead in Quality of Advice, New Entrant “Robo-Advisors” Perform Well

Life is More than Retirement: The Transition to Smart Investing and Financial Wellness

(Rye, NY) – Full-service firms lead once again – with robo-advisors and other new entrants coming on strong – in the sixth annual review of over 40 advice and guidance offerings conducted by Hearts & Wallets, the preeminent financial research platform for consumer savings and investing insights.

Inside Advice 2015: Early Career Millennials, Rise of the Robos & the Keys to Building Better Products & Advice Platforms provides a competitive assessment of the current advice market and predicts future direction based on two distinct research analyses – Read More→